Al Hilal Cashback Credit Card

What makes this card Islamic

Al Hilal 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.

Al Hilal Bank's Internal Shariah Supervision Committee issues a 'Shariah Compliance Certificate … For “Covered Credit Card” Based on Tawarruq'. The bank sells a commodity to the customer under a Master Murabaha Agreement, the commodity is sold on spot to a third party for the customer's benefit, and the sale proceeds are deposited into a **special saving account** as security. The customer may use those proceeds only through the credit card. If the balance is not used, the bank invests it and at period end **sets off the Murabaha profit the customer owes against the Mudaraba profit the bank owes on the special saving account**; the bank then, at its sole discretion, waives its right to any excess Murabaha profit and credits any excess Mudaraba profit to the customer.

Approved by Internal Shariah Supervision Committee, under the supervision of Central Bank of the UAE (and the Securities and Commodities Authority under licence 601035, for promotion activity).

What it costs

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

Annual fee

FreeFreesource

Supplementary card

AED 105Up to 3 supplementary cards free; AED 105 from the 4th card onwards.source

Profit rate

3.69% a month on the outstanding balanceTwo rates run in parallel: 3.25% per month on retail and on cash balances for EXISTING customers, and 3.69% per month for NEW customers (effective 1 January 2024). 3.69% is recorded as the rate a new applicant would pay. Al Hilal does not publish an annualised equivalent for this card.source

Cash withdrawal

3.15%. Cash withdrawal limit 60% of the card limit.

Late payment

AED 100'Commitment To Donate Amount', donated to charity under ISSC supervision. Not charged if the minimum amount due is paid by the payment due date. VAT inclusive.

Over limit

AED 0

Foreign currency spend

3.14% on top of the exchange rate

Replacement card

AED 0

What you get back

• Choose TWO categories for the bonus rate from: grocery/supermarket, fuel/service stations, international purchases, restaurants, education
• The bonus rate is tiered by total monthly retail spend: AED 0-3,000 earns 1% on the chosen categories; AED 3,000.01-8,000 earns 3%; above AED 8,000 earns 5%
• 1% cashback on all other retail purchases
• No cashback at all on government transactions or on utility bill payments made through the Al Hilal Digital app
• All purchases at any merchant in the European Economic Area earn 1% only, regardless of the category chosen
• No minimum spend is required to earn cashback

Other benefits

• Free for life — no annual fee
• Complimentary airport lounge access to over 25 lounges worldwide
• Buy-one-get-one-free on dining, premium spas and leisure activities
• Free card replacement / reissuance
• Categories can be changed once a month in the Al Hilal app; free twice a year
• Mastercard Priceless benefits

Before you apply

• Al Hilal prices new customers higher than existing ones on the same card: 3.25% a month for cards issued on or before 31 December 2023 and 3.69% a month for cards issued from 1 January 2024.
• The profit-free period is discretionary: the Schedule of Fees says no Murabaha profit is levied on a full settlement 'at the bank's sole discretion'.
• The 3.14% exchange markup also applies to AED transactions performed OUTSIDE the UAE, not just foreign-currency ones.
• Cash withdrawal is limited to 60% of the card limit and costs 3.15%.
• The advertised 5% is only paid if total monthly retail spend exceeds AED 8,000. Between AED 3,000.01 and AED 8,000 it drops to 3%, and below AED 3,000 it drops to 1% — the same as everything else.
• Each bonus category is capped at AED 250 a month and total cashback at AED 500 a statement period.
• European Economic Area purchases are explicitly excluded from the 'international purchases' bonus category and earn 1%.
• Government spend and app-based utility bill payments earn nothing.
• Changing your chosen categories costs AED 25 from the third change in a year.
• Dining offers exclude items prohibited under Shariah such as alcohol, tobacco and shisha.

Can you get it?

Other conditions

Al Hilal does not publish a minimum income, minimum age or maximum age for this card on its product page, its cashback Terms & Conditions, its cashback FAQ or its Schedule of Fees. Minimum amount due 5% of statement balance or AED 100, whichever is higher. 25 days from statement date to payment due date. Maximum profit-free period up to 55 days on retail transactions only. Cash withdrawal limit 60% of the card limit.

Where these figures come from

Last checked against Al Hilal 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.

• “SHARIAH COMPLIANCE CERTIFICATE issued by the Internal Shariah Supervision Committee of Al Hilal Bank For “Covered Credit Card” Based on Tawarruq — Al Hilal Bank credit card Shariah certificate”
• “The bank will set off the Murabaha profit that the customer is supposed to pay to the bank under the Commodity Murabaha and the Mudaraba profit of the special saving account the bank is supposed to pay to the customer. The bank - based on its sole discretion - will waive its right to the excess Murabaha profit if any — Al Hilal Bank credit card Shariah certificate, item 9”
• “No Murabaha profit on retail transactions will be levied if 100% of statement balance is paid in full on or before the payment due date at the bank's sole discretion. — Al Hilal Bank Schedule of Fees V3.7 June 2026”
• “Commitment To Donate amount collected will be donated on your behalf to charity under the supervision of the bank's Internal Shariah Supervision Committee. — Al Hilal Bank Schedule of Fees V3.7 June 2026”
• “No Commitment To Donate Amount will be charged if the minimum amount due is paid on or before the payment due date. — Al Hilal Bank Schedule of Fees V3.7 June 2026”
• “Murabaha Profit will be applicable from the date of transaction till the amount is paid in full. — Al Hilal Bank Schedule of Fees V3.7 June 2026”
• “All Charges are inclusive of VAT — Al Hilal Bank Schedule of Fees V3.7 June 2026”
• “Annual Fee Free | Supplementary Card Fee (up to 3 cards) Free | Additional Supplementary Card (4th onwards) AED 105 — Al Hilal Bank Schedule of Fees V3.7, AL HILAL CASHBACK CREDIT CARD”
• “Murabaha Profit Rate - Retail transactions (fixed rate) - existing customer: 3.25% per month on retail balances | - new customer: 3.69% per month on retail balances (effective 01 January 2024) — Al Hilal Bank Schedule of Fees V3.7”
• “Cash Withdrawal Fee 3.15% | Foreign Currency Transactions and for transactions done in AED outside the UAE (Exchange Markup) 3.14% — Al Hilal Bank Schedule of Fees V3.7”
• “Commitment To Donate Amount AED 100 | Card Replacement/Reissuance Nil — Al Hilal Bank Schedule of Fees V3.7, cashback card”
• “Minimum Amount Due 5% of statement balance or AED 100 (whichever is higher) | No. of days from statement date to payment due date 25 days | Maximum Profit Free period (for retail transactions only) up to 55 days | Cash Withdrawal Limit 60% — Al Hilal Bank Schedule of Fees V3.7”
• “Change preferred cashback option for the 3rd time (or more) in a year — AED 25 — Al Hilal Bank Schedule of Fees V3.7”
• “5% cashback on two categories below — Grocery, Educations, Fuel, International spends**, Dining — 1% cashback — Enjoy cashback on all your other retail transactions except government spends. *Maximum monthly cashback is AED 500 **All retail purchases made at any merchant in the European Economic area will earn 1% cashback regardless of the category selected — Al Hilal Cashback Credit Card product page”
• “No, customers will earn a maximum of AED 250 in a month on each of their two chosen categories while the total cashback they can earn for the month will remain AED 500. — Al Hilal Cashback Card FAQ”
• “Customers will earn 5% on all their spends in their chosen categories if their overall retail spend crosses AED 8,000 … [3% for] AED 3,000.01 - AED 8,000.00 … [1%] if their overall spend is less than AED 3,000. — Al Hilal Cashback Card FAQ”
• “We have upgraded our Al Hilal Bank Cashback card features effective September 1st, 2024. — Al Hilal Cashback Credit Card product page”
• “Dining offers exclude items prohibited under Shariah, such as alcoholic beverages, tobacco, shisha, etc. — Al Hilal Cashback Credit Card product page, Terms and Conditions”

• Product page
• Schedule of charges
• Terms and conditions