Consumer Cashback Reward Card

What makes this card Islamic

Dubai Islamic Bank builds this card on a Salam contract. You sell the bank a quantity of goods to be delivered in future, the bank pays you the whole price today, and that advance payment is what you spend on the card.

DIB calls these 'Covered Cards', not credit cards. The Key Facts Statement states the Sharia Structure is Salam: 'These Covered Cards are based on the Sharia principle of Salam whereby the Customer will sell certain quantity of described commodities to the Bank to be delivered in future against advance payment of sale price by the Bank to the Customer. The Customer shall authorize the Bank to deposit the sale price of Salam (payable by the Bank to the Customer) in the Investment Wakala account of the Customer held with the Bank and the Customer can use the balance for purchase of goods or cash withdrawal.' The bank's charge is the 'Monthly Rate for Salam Delivery' of 3.69%, applied to the full covered-card limit; the customer is credited Wakala Profit at the same rate on the UNUTILISED limit, so the net monthly cost approximates 3.69% of the amount actually used. A 'Discretionary Rebate' MAY be given if the Total Due is settled by the Due Date -- the KFS wording is discretionary, not an automatic waiver.

Approved by Internal Shari'ah Supervision Committee (ISSC), under the supervision of Central Bank of the UAE.

What it costs

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

Annual fee

AED 210First year free under the limited-time offer running as at 2026-08-17source

Supplementary card

AED 0Annual Fee for Supplementary Cards: Free (DIB Covered Cards KFS, p.9). Up to 5 supplementary cards.source

Profit rate

3.69% a month on the outstanding balanceDIB states this as a 'Monthly Rate for Salam Delivery' of 3.69%, charged on the covered card limit, offset by Wakala Profit at the same rate on the unutilised limit. DIB does not publish an annualised (APR-equivalent) figure on the Key Facts Statement, Schedule of Charges or product pages.source

Cash withdrawal

AED 94.50 per transaction (VAT inclusive). DIB states: 'Effective 21 August 2026, a fee of 3.15% of the transaction amount shall apply.' A separate AED 26.25 Visa/Mastercard international withdrawal fee applies at non-DIB ATMs abroad.

Late payment

AED 236.25

Foreign currency spend

3.7% on top of the exchange rate

Replacement card

AED 52.50

Takaful cover

Optional Credit Shield Takaful at 0.94% of the card outstanding per month; cover of AED 30,000 for involuntary loss of employment, AED 200,000 permanent total disability, AED 200,000 death (DIB Covered Cards KFS, p.8).

What you get back

• Supermarket & hypermarket purchases: 3%, maximum AED 300 cashback per month (falling to AED 200 per month effective 10 October 2026)
• Automobile servicing: 3%, maximum AED 300 per month
• Etisalat & du bill payments: 3%, maximum AED 100 per month
• Fuel spends: 3%, maximum AED 100 per month
• Utility bills: 3%, maximum AED 100 per month
• Salik and Nol recharges: 3%, maximum AED 25 per month
• School fees: 3%, maximum AED 300 per month (falling to AED 200 per month effective 10 October 2026)

Other benefits

• Travel and medical coverage up to US$100,000 covering cardholder, spouse and up to 4 children under 18 (provided by Watania)
• Complimentary roadside assistance up to 2 times per year
• Balance transfer facility

Before you apply

• Cashback is earned ONLY in a statement cycle with minimum retail purchases of AED 3,000
• Supermarket and school-fee caps drop from AED 300 to AED 200 per month effective 10 October 2026
• Category caps make the AED 1,000 headline cap unreachable in practice on this tier -- the seven listed caps sum to AED 1,225 at best
• Profit at 3.69% a month is not automatically waived on full settlement -- only a discretionary rebate
• Cashback is not earned on: utility & government bills paid through DIB platforms, purchase of foreign currency or travellers' cheques, money orders, deposits, cryptocurrency purchases, pre-paid cards with cash access, wire transfers, account funding, charity
• Cashback applies only to transactions in the UAE
• DIB states 'The bank has the right to amend the cashback program at any time'

Can you get it?

Minimum income

AED 5,000 a monthsource

Other conditions

Product page states a minimum salary of AED 5,000. Cashback is only earned in a statement cycle in which minimum retail purchases of AED 3,000 are made. Salary transfer requirement not stated.

Where these figures come from

Last checked against Dubai Islamic 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.

• “Salam Based Covered Card: These Covered Cards are based on the Sharia principle of Salam whereby the Customer will sell certain quantity of described commodities to the Bank to be delivered in future against advance payment of sale price by the Bank to the Customer. -- DIB Covered Cards Key Facts Statement (Aug 2025), p.1”
• “Sharia Structure: Salam | Monthly Rate for Salam Delivery: 3.69% -- DIB Covered Cards Key Facts Statement (Aug 2025), pricing grid p.9”
• “A. The difference between the sale price paid by the Bank to the Cardholder and the sale price DIB sells the commodities to the third party is considered as Bank's profit. The Cardholders will pay this difference on a monthly basis at the Rate mentioned in the Salam Contract B. Wakala Profit will be given to customer on the unutilized credit limit amount. C. Discretionary Rebate may be given to Cardholder if he settles his Total Due by the Due Date -- DIB Covered Cards KFS, 'Profit Calculation', p.3”
• “Example: Covered Card Limit - AED 10,000; Monthly Sale price difference (@ 3.69%) - AED 369; Retail Card Usage in a month - AED 5,000; Wakala Profit (@ 3.69%) - AED 184.50; Payment Made (Min. Due) - AED 150; Discretionary Rebate - AED 5.54; Customer effectively pays >> AED 369 - AED 184.50 - AED 5.54 = AED 178.96 -- DIB Covered Cards KFS, p.3”
• “Cardholder is liable to pay Minimum Amount Due by the Payment Due Date every month and in the event of Cardholder's failure to pay the Minimum Amount Due in any given month the Cardholder donates an amount of AED 236.25 in relation to such Due Amount which shall be routed to the designated charity through the Bank (on behalf of the Cardholder) under the supervision of its ISSC after deducting of its actual collection expenses (attributable to the subject transaction) as per the approved policy by the Bank's ISSC. -- DIB Covered Cards KFS, 'Late Payment Donation', p.3”
• “Cash Withdrawal Fee: AED 94.50 Per transaction. Effective 21 August 2026, a fee of 3.15% of the transaction amount shall apply -- DIB Covered Cards KFS, pricing grid p.9”
• “International Usage Fee (non-AED): 3.70% of transaction amount | International Usage Fee (AED): 3.14% of transaction amount -- DIB Covered Cards KFS, pricing grid p.9”
• “Credit Shield Takaful Contribution: 0.94% of the Outstanding Amount -- DIB Covered Cards KFS, pricing grid p.9”
• “Warning: If you only pay the Minimum Payment every month, your Covered Card Charges will keep increasing and it will take you longer to pay off the outstanding balance on your covered card -- DIB Covered Cards KFS, p.4”
• “AED 200 / Annual Fee -- DIB Consumer Cashback Reward product page (tile); 'Effective 10 May 2025, Annual fee AED 200 (excluding VAT) will be applied on the Consumer Cashback Rewards Card.'”
• “AED 5,000 / Minimum Salary -- DIB Consumer Cashback Reward product page (tile)”
• “Supermarket & Hypermarket Purchases 3% 300* / Automobile Servicing 3% 300 / Etisalat & Du Bill Payments 3% 100 / Fuel Spends 3% 100 / Utility Bills 3% 100 / Salik and Nol recharges 3% 25 / School Fees 3% 300* -- DIB Consumer Cashback Reward product page”
• “*Effective 10th October 2026, Supermarkets & Hyper market purchases and School fees will earn maximum AED 200 cashback per month on DIB Consumer Cashback Reward Card. -- DIB Consumer Cashback Reward product page”
• “Effective 10 May 2025, you are required to make minimum monthly retail purchases of AED 3,000 within a statement cycle to be eligible for the cashback. -- DIB Consumer Cashback Reward product page”

• Product page
• Schedule of charges
• Terms and conditions