Prime Classic 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

No annual feeSchedule of Charges and Key Facts Statement both show Nil / Free for every Prime tier, at issuance and at renewal.source

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

• 0.5 Wala'a Rewards for every AED 1 on retail spends
• 0.8 Wala'a Rewards for every AED equivalent of foreign currency retail spend
• 0.2 Wala'a Rewards per AED 1 on supermarkets, telecom, education, petroleum, government services (including utility bill payments), takaful, car and truck dealers, transport and real estate
• Nil on retail spends originating in European Union countries (since 1 Dec 2019)

Other benefits

• Travel and medical coverage up to US$50,000 covering cardholder, spouse and up to 4 children under 18 (Watania)
• Cash withdrawal limits up to 80% of total card limit plus card-to-account transfer
• Balance transfer up to 80% of card limit or 100% of available cash limit, minimum AED 100, maximum AED 250,000
• Complimentary roadside assistance up to 2 times per year; Credit Shield Takaful

Before you apply

• Lowest rewards rate in the Prime range at 0.5 per AED 1
• DIB's own marketing calls this 'The interest-free premium experience' -- the card still carries a 3.69% monthly Salam delivery charge on the limit
• Everyday categories earn 0.2 rewards per AED 1; EU spend earns nothing
• Profit at 3.69% a month is not automatically waived on full settlement -- only a discretionary rebate
• Wala'a Rewards are 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
• With effect from 1 Dec 2019 retail spends originating in European Union countries earn NO Wala'a rewards at all on Prime cards
• Supermarkets, telecom, education, petroleum, government services (including utility bill payments), takaful, car and truck dealers, transport and real estate earn only 0.2 Wala'a rewards per AED 1

Can you get it?

Other conditions

DIB publishes no card-specific minimum salary tile for Prime Classic. DIB's apply-now page states a bank-wide floor: 'Minimum monthly salary: Cards AED 5,000'. The cards listing filter also tags this card at the AED 5,000 band. 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”
• “Prime Covered Card upto 3.69% ... Free ... Free ... Free ... Free ... Free -- DIB Schedule of Charges effective July 03, 2026, Cards table (Classic, Reward/Gold, Platinum, Signature and Infinite columns all Free)”
• “Minimum monthly salary: Cards AED 5,000, Personal Finance and Auto Finance AED 3,000. -- DIB apply-now page, https://www.dib.ae/global/apply-now”
• “Earn 0.5 Wala'a Rewards for every AED 1 & 0.8 Wala'a Rewards for every AED equivalent foreign currency on all retail spends -- DIB Prime Classic product page”
• “Minimum transfer amount - AED 100, maximum amount - AED 250,000. -- DIB Prime Classic product page, balance transfer”

• Product page
• Schedule of charges
• Terms and conditions