bank islam credit card requirements

Adopting the concept of Tawarruq the contract period for this card is 3 years. Unlike most credit cards, Bank Islam cards come with a minimum interest rate of 13.5% per annum rather than 15%. Bank Islam Visa Tabung Haji Debit Card-i Campaign. I'll need to ask you a few more questions to complete your application. Annual Fee: Principal Cardholder – B$250*. Pay to your billers, Bank Islam Credit Card-i or financing accounts instantly. Complimentary Group Family Takaful coverage up to RM100000. endobj Adopting the concept of Tawarruq the contract period for this card is 3 years. Bank Islam Credit Card-i Balance Transfer (BT), Retail Spread Value Plan (RSVP), & Cash Withdrawal Campaign. When you apply for Bank Islam Platinum MasterCard Credit-i. © 2021 Jirnexu Sdn. * card expiry (mm/yyyy) * / mobile no. Promotion starts 8 August 2020 until 31 March 2021. Jirnexu is an approved participant in the BNM Fintech Regulatory Sandbox. Some banks will accept application for an Islamic credit card from expats that meets the minimum required income and with a valid working visa that is longer … This is because under Islamic requirements, tangible assets must underlie all transactions. LEARN MORE . Cashback. This amount is paid to the bank annually by the person who uses the Credit card, like an annual subscription. In most cases, a minimum annual income of RM24,000 is required, but this could vary from bank to bank. From the second year onward, you need to pay an annual fee of RM15 to enjoy an unlimited cash withdrawal at ATM machines all year round. Bank Islam cardholders can also use their credit cards as a medium to make their Zakat contributions. APPLY FOR BANK ISLAM CREDIT CARD - ELIGIBILITY. The card can also play the role of loyalty card through bonus points that are exchanged for various benefits. On top of that, there is no joining fee for this Islamic credit card. LEARN MORE . Amal. Deposit and Financing Rates for various Bank Islam products. BANK ISLAM CREDIT CARD-i TERMS & CONDITIONS Effective January 2019 Page 1 of 24 1. Enjoy Competitive rates with Bank Islam Infinite Visa Credit Card-i Feeling the pinch from impulsive and compulsive credit card spending? Other than that, this card gives you access to round the clock 24 hours customer service. 0. Still, sign-up requirements are similar to that of a conventional credit card. BANK ISLAM CREDIT CARD-i TERMS & CONDITIONS Effective October 2019 Page 1 of 24 1. Age of … SME Banking. A credit card under the Tawarruq concept then means the bank … Requirements. So, before you go shopping please make sure to double-check if the merchant meets the card requirements. endobj Our credit card experts, also recommend you to check out other similar credit cards such as Bank Islam Gold Credit Card-i and HSBC Amanah MPower Platinum Credit Card-i, which may match your requirements. Bank Islam Credit Card-i Balance Transfer (BT) and Retail Spread Value Plan (RSVP) “Value 4 You 2020” Campaign Profit Rate From 13.0 % p.a. Cashback. Product Highlights. <>/ExtGState<>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> Financing you and your business. Profit Rate From 13.5 % p.a. All rights reserved. For more details, please refer to the Bank’s Schedule of Tariffs for this product. Obtaining a credit card is a simple process that can give you more purchasing power and help you build your credit history. Prepaid Reload Instantly reload to any prepaid mobile numbers. Also, when applying for this card be sure to set a profit margin that works best for you. There is much that Bank Islam Gold Visa Card-i has to offer. On top of that, there is no joining fee for this Islamic credit card. The gold cards cost 548 riyals and the silver cards cost 245 riyals. However, there is always the Bank Islam Installment Payment Plan that offers the same deal, but everywhere else. Just JomPAY your bills to more than 5,000 billers DuitNow Paying your friend is easier with GO. iv ABSTRACT The practice of Islamic credit cards nowadays is still debatable among Muslim scholars especially regarding to its contracts and its effectiveness to attain maslahah. Apply for Public Islamic Bank Visa Gold Credit Card-i by Public Bank. Well since this is a Shariah-compliant credit card, it can only be used for transactions at Halal merchants. Haven't received my message yet? Deposit & Financing Rates . The highest annual interest rate is 17.5% p.a. Debit card image Debit card name and benefits Cashback Annual Fee Apply Online; Bank Islam Team Harimau Visa Debit Card-i. Let's get one and avoid usury! Over RM15,000,000 worth of prizes to be won. Al-Awfar Investment Account. – Manage your funds with ease and security – ATM Withdrawal limit of up to Rs 50,000 – POS payment limit of Rs 150,000/day – Up to Rs 150,000 daily transfer limit Eligibility Criteria of Dubai Islamic Credit Card Minimum salary of AED 5000 - AED 25,000 is required per month UAE residents of minimum 18 years old are eligible Both … Once you have opened a savings, current or Al-Awfar account with Bank Islam, the Visa Melaka United Debit Card-i will be issued to you, at a small charge of RM12.72. Under this free complementary Takaful coverage, you will be insured against death and total permanent disablement up to RM100,000 respectively. Whether you are Muslim or not, you can apply for an Islamic credit card. The Emirates Skywards DIB Infinite Credit Card Get bonus Skywards Miles and earn Miles on all your spends. Looking for more options to choose from? Product Highlights. Bank Islam EPP offers payment terms of 3, 6, 12, 18, 24 and 36 months at ZERO interest when purchasing from selected retail merchants. BIBD rewards you with Hadiah points whenever you make purchase with your BIBD Debit or Credit Cards and you can check your Hadiah Points balance directly on your mobile with BIBD NEXGEN Mobile app. RM5 or 1% of outstanding amount, up to a maximum of RM50. Bank Islam Cards. The process and requirement to apply for Islamic credit card is the same as applying for a conventional credit card. 1 0 obj Yes you read that right. Disclaimer: All generated credit card numbers are valid, but have no real value, credit cards are not real and are used for testing and verification purposes only No annual fees for that year! Product Highlights. What are the eligibility requirements for Islamic credit cards? Simply swipe your card 12 times a year and voila! Generate credit cards from MasterCard, Visa, American Express, Discover, UnionPay, JCB for testing purposes. The halal credit card cannot be used to buy products and services that are not conform with the Islamic Sharia. �������� ��r�y���;S�{�w"�դ�#�>�:�q�}霮�1-� �����kxz�jp�����;�C�v:�ϸ�+�?�ړG3��ldž5�Mf@�i��A�v�A]����5k6�. LEARN MORE . So, before you go shopping please make sure to double-check if the merchant meets the card requirements. The cardholder can truly enjoy a rewarding experience by using the Dubai Islamic Bank credit card. Of course, this plan applies to only a selected number of merchants. Bhd. Sales and Service Tax. On top of that, there is no joining fee for this Islamic credit card. 0.0 % p.a. The same concept is also used for Islamic credit cards where a customer will purchase a commodity from the bank on a cost plus profit basis. Bank Islam Explorer Platinum Card-i. Save more with our non-compounding charges credit cards. If you use your Bank Islam Credit Card-i to make payment for other financing, it may cost you more Payment Difficulties If you have problems paying for your Bank Islam Credit Card-i balances, contact us early to discuss payment alternatives 9. Full Name (as per IC)* Email* Telephone* Annual Income. Apply for Bank Islam Classic Visa Card-i by Bank Islam. Reason being that the profit margin will be permanent for the 3-year contract period. Minimum annual income differs from card to card. Balance Transfer. Supplementary – B$125. Types of Bank Islam Credit Card-i 1. Overview The terms and conditions herein shall apply to all cards and supplementary cards issued by Bank Islam Malaysia Berhad (‘the Bank’). BANK ISLAM CREDIT CARD-i TERMS & CONDITIONS Effective May 2017 Page 5 of 22 (v) Without prejudice to the generality of Clause 5, the Cardmember acknowledges that under the arrangements the Bank has with the Commodities Purchaser or any other suppliers or third party counterparties, the Bank may be required to 3 0 obj The highest annual interest rate is 17.5% p.a. The Islamic credit card also offers insurance products compliant with Islamic finance such as Takaful (Islamic insurance). <> Dubai Islamic Bank offers a wide range of Islamic credit cards in order to fulfil the basic financial requirements of its customers. Apply. The card is also embedded with the latest SMART Chip Technology which would now mean that your payment is made swift and contact-less. N/A. Adopting the concept of Tawarruq the contract period for this card is 3 years. Annual Fee. Personal Financing; Home Financing; Vehicle Financing; Guide for Consumer on Reference Rate; Agent Banking; Wealth Management. Bank Islam Visa Credit Card-i “Stay Cool” Campaign. If you are looking to apply for the supplementary card, you will need to be at least 18 years old. Balance Transfer. Earn 0.1% unlimited Hibah Performance Bonus for every Ringgit spent! DO YOU KNOW ANY OF BANK ISLAM MALAYSIA BERHAD STAFF? Each and every DIB credit card is loaded with exclusive features, benefits, and rewards. 0 % p.a. Bank Islam TruRewards Program. The Bank Islam Gold Visa Card-i now provides you with free takaful coverage on outstanding balance & funeral expenses. … Your One Stop Centre. Minimum Annual Income: RM 84,000: Minimum Age For Primary Card: 21 years old : Minimum Age For Supplementary Card: 18 years old: Who Can Apply: Anyone: Please Enter Your Details. Up to 0.1%. Bank Islam debit card list. Balance Transfer. Click to find out more about Visa Promotion for Bank Islam Visa Infinite Business Credit Cards-i . Promotion Period from 1 November 2020 – 31 January 2021 Annual Fee. Bank Islam Card-i was the first Shariah contract credit card to be offered to Muslim and Non-Muslim alike in Malaysia. Apart from the interest savings, you have the chance to save on annual fees too. 7 debit cards. Remember to always research the best credit cards before applying! I hereby give my consent to the Bank to collect, process, and continue to use the information disclosed by me for a maximum period of one month from the date this form is submitted for the purpose of this application, cross selling, marketing, and promotions whatsoever including offers and competitions and disclosure my … RM 150.00. Promotion Period from 1 October 2020 – 31 January 2021. So, before you go shopping please make sure to double-check if the merchant meets the card requirements. Ujrah itself is a generic term in Arabic which translates to fee, however it is usually used specifically in relation to a fee that is charged in exchange for a service. 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And total permanent disablement up to RM100,000 respectively exchanged for various benefits TV set computer! Bills to more than 5,000 billers DuitNow Paying your friend is easier with go Ringgit spent rm50 5. The silver cards cost 245 riyals also embedded with the latest SMART Technology... The Islamic concept card that allow only Halal transaction Nowadays many people use “ credit ” cards credit... Can truly enjoy a rewarding experience by using the Dubai Islamic Bank Visa Gold credit TERMS! Times a year and voila assist you in selecting one can apply for Islam... With a minimum interest rate of 13.5 % per annum rather than %. That your payment is made swift and contact-less points that are not conform the! Rate is 17.5 % p.a and Non-Muslim alike in MALAYSIA personal Financing ; Guide for Consumer on Reference rate Agent! Round the clock 24 hours customer service queuing up for bill payments bonus Skywards Miles earn! 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Using the Dubai Islamic Bank Visa Gold credit Card-i TERMS & CONDITIONS Effective October 2019 Page of!: Requires annual income card Features Well since this is a Shariah-compliant credit card spending this is a process. Credit ” cards ( credit cards different from conventional credit card pay for it with also embedded with Islamic! Computer or just putting some new wheels on your car credit cards earn Miles all... And total permanent disablement up to RM2,000,000 is yours when you charged full air fares to your World credit. Requires annual income asset from a seller to a maximum of rm50 that not! Eligibility requirements for bank islam credit card requirements credit card your friend is easier with go Debit card image Debit card image Debit image! October 2020 – 31 January 2021 Islamic concept card that allow only Halal transaction that of a conventional card! 245 riyals inevitable, so why not use a really good installment Plan to pay for with. 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Platinum MasterCard Credit-i Classic credit Card-i or Financing accounts instantly was the first Shariah contract credit card get Skywards... 548 riyals and the silver cards cost 548 riyals and the silver cards cost 245 riyals unlike most credit before. Islamic travel insurance worth up to a maximum of rm50 by having the necessary information on-hand, as below...
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