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Islamic Credit Cards
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RAKislamic · Islamic window

Gold Credit Card

MurabahahNo annual feeGold
Annual fee
No annual fee
Profit rate
3.45%

a month on the outstanding balance

Minimum income
Not published
Rewards
None

Read it from the source

What makes this card Islamic

RAKislamic builds this card on a Murabahah contract. The bank buys the thing you want, then sells it to you at a stated cost plus a stated profit, payable later.

Structured commodity Murabaha, per clause 2.1 of the RAKBANK Islamic Credit Cards Terms & Conditions booklet, which governs all RAKislamic cards.

How Murabahah worksIs a credit card halal?

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

What it costs

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

Annual fee
No annual feeListed as 'Gold Free 3.45%' in the current Service and Price Guide.source
Profit rate
3.45% a month on the outstanding balanceMonthly rate on retail purchases and cash advances, per the Service and Price Guide effective 30-07-2026.source
Cash withdrawal
3.15% or AED 103.95, whichever is higher.
Late payment
AED 241.50
Foreign currency spend
2.57% on top of the exchange rate
Replacement card
AED 52.50
Takaful cover
Takaful Credit Shield charged at 1.04%.

Before you apply

  • No product page exists on the RAKislamic site. Probes for /credit-cards/gold-credit-card and /credit-cards/rakislamic-gold-credit-card both returned HTTP 404 on 2026-08-17, while the card is still priced in the schedule of charges effective 30-07-2026.

Can you get it?

Other conditions
No product page could be found for this card, so no eligibility criteria are published. It appears only as a priced row in the bank's current Islamic schedule of charges, which suggests it is still serviced for existing holders but is not marketed to new applicants.

Where these figures come from

Last checked against RAKislamic’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.

  • “Gold Free 3.45% — Islamic Consumer Credit Card Service and Price Guide, Schedule of Fees & Charges with effect from 30-07-2026”

What we could not verify

RAKislamic does not publish network, supplementary card fee, annual profit rate, over-limit fee, minimum income, minimum age, maximum age, reward headline, reward caps, best for, apply, product page for this card, so we have left those blank rather than guess. If you need one of them, ask the bank directly and hold them to the answer in writing.

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Up to 1.5 Etihad Guest Miles per AED 4 spent, plus a 35,000-mile welcome bonus

Annual fee
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Profit rate
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Minimum income
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Structure
Murabahah
Air miles

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ADCB Islamic Banking

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Up to 0.5 TouchPoints per AED 1 spent, on a no-annual-fee card

Annual fee
No annual fee
Profit rate
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Minimum income
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Structure
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Reward points

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Ajman Bank

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Annual fee
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Profit rate
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Minimum income
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Structure
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