AlAhli Wessam Gold Credit Card - World

What makes this card Islamic

Saudi National Bank builds this card on a Tawarruq contract. The bank sells you a commodity on credit at a marked-up price, you sell that commodity to somebody else for cash, and the cash becomes your spending limit.

Article 10 of the SNB credit card T&C governs the Tawarruq mechanism; the fee schedule prices the Tawarruq component at 0.30% per month.

Approved by SNB Sharia Board, under the supervision of Saudi Central Bank (SAMA).

What it costs

Every figure below comes from Saudi National Bank’s own published documents. Where the bank does not publish a number we say so rather than estimate it.

Annual fee

No annual feeExempt for Wessam-segment customers; SAR 300 applies to a second card.source

Supplementary card

SAR 0Fee schedule: 'Supplementary Card Fees: Free'. Note the separate SAR 300 charge for a second PRIMARY card.source

Profit rate

2.95% a month on the outstanding balanceBanking Fees and Charges (06 May 2026), Wessam Segment: 'MasterCard World | Visa Signature | Visa Infinite 26.81%'. The monthly rate of 2.95% (inclusive of the 0.30% Tawarruq component) is from the 2026 T&C key facts table, which prints 35.09% APR for the MasterCard World 'Wessam Gold' - conflicting with the fee schedule's 26.81%.source

APR, as the bank publishes it

26.81%An APR absorbs the annual fee and other charges as well as the profit rate, so it is higher than the profit rate above. It is the closest thing to a like-for-like cost comparison.source

Cash withdrawal

3% of the transaction amount, up to a maximum of SAR 75. Cash withdrawal limit is 30% of the credit card limit.

Late payment

SAR 50

Foreign currency spend

2% on top of the exchange rate

Replacement card

SAR 15

What you get back

• MasterCard World 'Wessam Gold': 2.0 LAK points per SAR 1 local and 2.0 per SAR 1 international
• Points redeemable via the LAK page in the SNB app for air miles, hotel bookings, e-vouchers or cashback

Other benefits

• No annual fee for Wessam-segment customers
• Wessam premium banking privileges including Wessam Lounges and a dedicated call centre
• Travel and lifestyle benefits and insurance benefits
• LAK Rewards programme

Before you apply

• SNB's own documents conflict badly here: the May 2026 fee schedule says this tier is exempt from annual fees with a 26.81% APR, while the 2026 T&C form prints SAR 1,000 annual fee and 35.09% APR. Get written confirmation before applying.
• A SECOND primary card in this tier costs SAR 300.
• Eligibility is gated on Wessam-segment status, which SNB does not define publicly on the English card page.

Can you get it?

Other conditions

Restricted to SNB Wessam-segment customers. SNB does not publish a minimum salary for Wessam Gold on the English product page.

Where these figures come from

Last checked against Saudi National Bank’s published documents on 2026-08-17. Banks change fees without notice, so treat the bank’s own document as the final word, not this page.

• “Annual Fees | Visa Signature | MasterCard World | Exempted from Annual Fees, SAR 300 for the second card - SNB Banking Fees and Charges, 06 May 2026”
• “Annual Percentage Rate | Wessam Segment | MasterCard World | Visa Signature | Visa Infinite | 26.81% - SNB Banking Fees and Charges, 06 May 2026”
• “MasterCard World 'Wessam Gold' 2.0 (local) | 2.0 (international) - SNB Credit Card T&C 2026, LAK Program points table”
• “With your Alahli Credit Card for Wessam clients, your magnificent world is all in your pocket. - Alahli Wessam Gold Credit Card - World product page”

• Product page
• Schedule of charges
• Terms and conditions