Skywards Platinum Credit Card

What makes this card Islamic

Emirates Islamic builds this card on a Ujrah contract. The bank charges you a fixed fee for the service of giving you a card, rather than a charge that grows with the money you owe.

Priced under the Schedule of Charges 'Fee based Cards' table (Skywards cards column) rather than the 'Profit based Cards' table: the customer pays a MONTHLY FEE scaled to the assigned credit limit instead of a monthly profit rate — AED 250/month at limits up to AED 8,000, AED 375 at AED 8,001-13,000, AED 450 at AED 13,001-16,000, AED 625 at AED 16,001-25,000, AED 875 at AED 25,001-37,500, AED 1,350 at AED 37,501-62,500, AED 1,900 at AED 62,501-100,000, AED 2,800 at AED 100,001-150,000 and AED 4,500 above AED 150,000 — plus a card annual fee (Gold AED 420, Platinum AED 735, Infinite AED 2,100). A fixed monthly fee in exchange for a credit limit is the ujrah structure; Emirates Islamic does not use the word 'ujrah' in the Schedule of Charges, and its current range is priced on Murabaha profit rates instead.

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

What it costs

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

Annual fee

AED 735AED 735 card annual fee for a Skywards Platinum card under the Schedule of Charges 'Fee based Cards' table, ON TOP of a monthly fee scaled to the credit limit (AED 250 to AED 4,500 a month).source

Supplementary card

AED 0Free – up to 4 supplementary cards.source

Profit rate

Not publishedThe bank publishes a Monthly Profit Rate per card in its Schedule of Charges and an Annualized Percentage Rate (APR) in its Key Fact Statement; the APR is exactly 12x the monthly rate. KFS: 'If we receive payment of the statement balance in full on or before the payment due date, you do not have to pay any Billed Profit on the statement balance. This is at the sole discretion of Emirates Islamic Bank (P.J.S.C) (the “Bank”).' Profit-free period is up to 55 days on retail purchases and does not apply to cash advances, balance transfers or special promotions. Minimum payment is 5% of the closing balance or AED 100, whichever is higher. No profit is charged on accrued profit (no compounding).

Cash withdrawal

3.15% of the cash advance amount or AED 103.95, whichever is higher, per transaction. Maximum cash advance per transaction AED 10,000 or 50% of the card limit, whichever is lower.

Late payment

AED 131.25

Over limit

AED 261.45

Foreign currency spend

2.54% on top of the exchange rate

Replacement card

AED 78.75

Takaful cover

Optional Credit Shield takaful at 1.04% of the outstanding amount per month. Complimentary multi-trip travel takaful (trips up to 90 days) is bundled on several cards.

What you get back

• Spend at Emirates/flydubai Airlines (in AED): 1 Mile per USD 1
• International spend (in non-AED currency): 0.75 Miles per USD 1
• Domestic spend (in AED): 0.50 Miles per USD 1
• European Economic Area countries and UK spends: 0.187 Miles per USD 1
• Grocery and Supermarkets: 0.12 Miles per USD 1
• Insurance, Car dealership and Auto related, Government Services, Utility Bill Payments, Charitable Social Service Organizations, Education: 0.05 Miles per USD 1
• Fuel / Petroleum, Telecommunication, Real Estate: 0.05 Miles per USD 1
• Quick Service Restaurants (fast food restaurants): 0.12 Miles per USD 1

Other benefits

• Up to 4 free supplementary credit cards
• Extended Warranty — doubles the manufacturer warranty by up to 12 months; cover USD 2,500 per occurrence and USD 5,000 per year
• Buyers Protection — USD 5,000 per occurrence and USD 20,000 per year against loss or damage
• Visa Luxury Hotel Collection at over 900 properties

Before you apply

• STATUS UNCERTAIN, and recorded as 'unknown' rather than active or discontinued. This card appears in the bank's live Skywards Miles rate card and in the Schedule of Charges 'Fee based Cards' table, but it has no product page, is absent from the current credit-card listing, is absent from the 'Profit based Cards' table and is absent from the Key Fact Statement. The most defensible reading is a legacy card still serviced for existing holders and closed to new applicants, but the bank does not say so.
• It is priced twice over: a monthly fee scaled to the credit limit (up to AED 4,500 a month) PLUS an AED 735 card annual fee.
• Every demoted category earns 0.05 to 0.12 Miles per USD, i.e. under an eighth of the airline rate.
• Profit is waived on a fully-settled statement balance only 'at the sole discretion' of the Bank (KFS wording) - it is not an unconditional contractual waiver.
• The late charge is a 'Commitment to Donate Amount' of AED 131.25 per month, charged whenever the Minimum Payment Due is not received by the due date; the Bank pays it to a charity approved by its Internal Shariah Supervision Committee after deducting actual expenses. It is a purification charge rather than bank income, but it is still a real AED 131.25 monthly cost to the cardholder.
• The bank's own two primary documents conflict on the FX fee: the Schedule of Charges states 2.54% (2.34% Amazon, 2.30% Emarati/Skywards Black) while the Key Fact Statement (CCB/CCD/0526/V7.5) states 2.34% for all other cards and 1.84% for Emarati/Skywards Black.
• A Visa/Mastercard network processing fee of approximately 1.15% applies ON TOP of the bank's FX fee. A separate 1.99% fee applies to transactions settled in AED at an overseas point of sale (dynamic currency conversion).
• Over-limit fee AED 261.45 per month; Direct Debit return fee AED 105; maximum cash advance AED 10,000 or 50% of the card limit per transaction.
• Optional Credit Shield takaful is charged at 1.04% of the OUTSTANDING amount every month, not a flat fee.

Can you get it?

Age

21 and over

Other conditions

Minimum age 21 ('you must be at least 21 years old'). Employed applicants must meet the card's minimum income requirement; self-employed applicants qualify on computed income. Applicants who are unemployed or below the income threshold may still obtain a card against a Fixed Deposit Account holding the minimum deposit for that card. Salary transfer to Emirates Islamic is NOT stated as a requirement on any published eligibility page. Cards are issued to non-account-holders. 5 business day cooling-off period applies. No product page or eligibility statement is published for this card.

What to have ready

• Original Emirates ID or passport
• Latest salary certificate (for employed customers)
• Trade license (for self-employed customers)
• Bank statement for the last three months
• Security cheque (if applicable)

Where these figures come from

Last checked against Emirates Islamic’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.

• “Spend Category* | Skywards Black | Skywards Infinite | Skywards Signature | Skywards Platinum | Skywards Gold — Spend at Emirates/flydubai Airlines (in AED) 3.5 / 2 / 1.50 / 1 / 0.40 Miles | International Spend (in non-AED currency) 2 / 1.50 / 1.10 / 0.75 / 0.40 Miles | Domestic Spend (in AED) 1.50 / 1 / 0.75 / 0.50 / 0.40 Miles | European Economic Area (EEA) countries and UK spends 0.75 / 0.375 / 0.275 / 0.187 / 0.1 Miles | Grocery and Supermarkets 0.3 / 0.5 / 0.375 / 0.12 / 0 Miles | Insurance, Car dealership and Auto related, Government Services, Utility Bill Payments, Charitable Social Service Organizations, Education 0.3 / 0.15 / 0.11 / 0.05 / 0 Miles | Fuel / Petroleum, Telecommunication, Real Estate 0.3 / 0.25 / 0.187 / 0.05 / 0 Miles | Quick Service Restaurants (fast food restaurants) 0.3 / 0.25 / 0.187 / 0.12 / 0 Miles — Earn Skywards Miles on every spend”
• “Fee based Cards — Skywards cards: Card limit range <= AED 8,000 monthly fee AED 250; card annual fee Gold - AED 420, Platinum - AED 735, Infinite - AED 2,100 | AED 8,001 - AED 13,000 AED 375 | AED 13,001 - AED 16,000 AED 450 | AED 16,001 - AED 25,000 AED 625 | AED 25,001 - AED 37,500 AED 875 | AED 37,501 - AED 62,500 AED 1,350 | AED 62,501 - AED 100,000 AED 1,900 | AED 100,001 - AED 150,000 AED 2,800 | >AED 150,000 AED 4,500 — Schedule of Charges”
• “Maximum eligible spends: In any given month, a Card member shall only be entitled to earn [rewards] for transactions carried out up to the extent of the assigned Credit Limit on the Card. ... ATM transactions, balance transfers, cash-on-call and cash advance are NOT eligible for Miles earning. ... Bill payments on utilities, telecommunications, RTA, and other services made via Emirates Islamic banking channels (Online Banking, Mobile App, ATM/CDM, and Call center) will NOT earn rewards. — Emirates Islamic Miles earning pages”
• “Shariah based Murabaha — All our Credit Cards are based on a Shariah compliant structure of Murabaha. Murabaha is a form of contract of sale whereby the Bank sells Wakala Certificates which are being purchased and in the possession of the Bank against a price which is equal to cost of acquisition and a defined profit. — Key Fact Statement (KFS) – Credit Cards”
• “Cash advance charges | 3.15% of cash advance amount or AED 103.95 whichever is higher | Per transaction ... Over limit Fee | AED 261.45 | Per month ... Supplementary Card Fee | Free (One-time joining fee of AED 525 will be charged for Skywards Black Metal Supplementary cards only) ... Credit Shield | 1.04% of outstanding amount | Per month — Schedule of Charges, Other Fees and Charges for Credit Cards”

• Product page
• Schedule of charges