RAKBANK Islamic Platinum
RAKBANK Islamic Platinum is a UAE Islamic covered card with RAKrewards rewards. Its published minimum monthly salary is AED 5,000. The listed annual fee is AED 0. A reliable AED reward estimate is not yet available.
Bank terms reviewed 2026-10-24. Independent comparison; bank approval is required.
Dirham Score 3.4/570% data coverage · editorial methodHow this score works
- + Published free-for-life annual fee
- + Published airport lounge benefit
- + Sharia-compliant product
- − Annual reward forecast unavailable
- − Bank FX charge 2.57%; scheme charges may apply
Explore all RAKBANK cards and accounts · Islamic covered card · Primary bank sources reviewed 2026-10-24
Salary eligibility, annual fees and borrowing charges
- Minimum monthly salary
- AED 5,000
- Annual fee
- AED 0
- Bank FX charge
- 2.57%; scheme fees may apply
- Monthly profit rate
- 3.45%
- Reward programme
- RAKrewards
- Salary transfer required
- No published requirement
Bank approval, employer criteria and any account requirements apply. Confirm whether salary transfer is required.
Cashback or points earning rules, thresholds and caps
Selected categories: 0.35 RAKrewards per AED 1
Published rates are reference terms; the bank’s transaction-level gates, classifications and rounding still apply. No annual aggregate forecast is calculated.
| Spend category | Published earning | Category cap / month | Conditions |
|---|---|---|---|
| Selected categories | 0.35 RAKrewards per AED 1 | Not established | Includes government, charity, bills, education, transit, telecom, real estate and fuel; bank-channel payments excluded |
Why this card has no annual AED forecast
Published terms are described separately; no annual reward forecast is assumed until the product-specific exclusions and qualifying conditions are represented in the calculator.
Published earning rates, known fees and bank conditions remain available in this review.
Check RAKBANK's official reward termsFirst-year AED value and conditional welcome offers
An annual reward forecast is not available for this card. Review the programme and transaction limitations below.
Published terms are described separately; no annual reward forecast is assumed until the product-specific exclusions and qualifying conditions are represented in the calculator.
Use the personal card selector to compare cards with supported forecasts. The offer details below retain this card’s verified conditions.
Full offer and qualification details for RAKBANK Islamic Platinum Credit Card
RAKBANK Islamic Platinum Credit Card
Dirham Score 3.4/570% data coverage · editorial methodHow this score works
- + Published free-for-life annual fee
- + Published airport lounge benefit
- + Sharia-compliant product
- − Annual reward forecast unavailable
- − Bank FX charge 2.57%; scheme charges may apply
Bank approval, employer criteria and any account requirements apply. Confirm whether salary transfer is required.
View breakdown
Published terms are described separately; no annual reward forecast is assumed until the product-specific exclusions and qualifying conditions are represented in the calculator.
Calculation assumptionsRewards, fees & important conditions
Read the full RAKBANK Islamic Platinum Credit Card review and fee maths
Selected categories: 0.35 RAKrewards per AED 1
No cinema benefit verified. · Complimentary airport lounge access is advertised in the KFS. Confirm the current network, visit allowance and qualifying conditions with RAKBANK.
Monthly profit rate: 3.45%. Bank FX charge: 2.57%.
Published terms are described separately; no annual reward forecast is assumed until the product-specific exclusions and qualifying conditions are represented in the calculator.
No annual fee. Salaried applicants must earn at least AED 5,000 monthly and be aged 21 or above. Self-employed applicants need quarterly credit turnover of AED 75,000 or an average quarterly balance of AED 150,000. A security cheque for the credit limit is required.
The card uses Commodity Murabaha with a Wakala account. The current tariff gives a 3.45% monthly profit rate. International transactions carry a 2.57% bank fee plus scheme charges, approximately 1.15% for non-AED transactions.
Selected categories earn 0.35 RAKrewards per AED 1. Bank-channel payments earn no rewards, and redemption requires a balance of at least 10,000 points. Regular earning and quarterly bonus conditions need confirmation before an annual estimate can be provided.
An app welcome offer of AED 300 is advertised until 31 October 2026, subject to qualifying spending. It is excluded from the estimate because the full qualification terms have not been established.
Official bank source · checked 2026-10-24Actual official bank product artwork, proportionally encoded for display. Image source
Lounge, cinema, valet and golf conditions
- Airport lounges: Complimentary airport lounge access is advertised in the KFS. Confirm the current network, visit allowance and qualifying conditions with RAKBANK.
- Cinema: No current offer verified
- Valet: No published benefit verified
- Golf: No published benefit verified
Exclusions and important product notes
- No annual fee. Salaried applicants must earn at least AED 5,000 monthly and be aged 21 or above. Self-employed applicants need quarterly credit turnover of AED 75,000 or an average quarterly balance of AED 150,000. A security cheque for the credit limit is required.
- The card uses Commodity Murabaha with a Wakala account. The current tariff gives a 3.45% monthly profit rate. International transactions carry a 2.57% bank fee plus scheme charges, approximately 1.15% for non-AED transactions.
- Selected categories earn 0.35 RAKrewards per AED 1. Bank-channel payments earn no rewards, and redemption requires a balance of at least 10,000 points. Regular earning and quarterly bonus conditions need confirmation before an annual estimate can be provided.
- An app welcome offer of AED 300 is advertised until 31 October 2026, subject to qualifying spending. It is excluded from the estimate because the full qualification terms have not been established.
Other charges to check in the official tariff
Supplementary card, cash advance and late-payment fees are not consistently verified across this catalogue. They are not assumed to be zero and are excluded from rewards-only estimates. Check the linked bank schedule and key facts statement before borrowing.
How this card compares
These alternatives share its published salary bracket and broad reward type. Values use the same AED 10,000 monthly benchmark, rather than paid placement. Bank-specific approval and exclusions still apply.
ADCB 365 Cashback Credit Card
ADCB · minimum salary AED 5,000
Compare RAKBANK Islamic Platinum Credit Card with ADCB 365 Cashback Credit CardADCB Islamic 365 Cashback Card
ADCB · minimum salary AED 5,000
Compare RAKBANK Islamic Platinum Credit Card with ADCB Islamic 365 Cashback CardCBD Super Saver Visa Signature Credit Card
CBD · minimum salary AED 5,000
Compare RAKBANK Islamic Platinum Credit Card with CBD Super Saver Visa Signature Credit CardRAKBANK Islamic Platinum FAQs
What salary do you need for RAKBANK Islamic Platinum?
The published minimum monthly salary is AED 5,000. The bank also assesses your application and credit profile; meeting the salary threshold does not guarantee approval.
What is the annual fee for RAKBANK Islamic Platinum?
The listed annual fee is AED 0. Joining fees, recurring plan charges, borrowing costs and transaction fees may be separate. Check the linked official tariff and any waiver conditions.
Does the estimated value include borrowing costs?
No. The reward calculations assume full, on-time repayment and exclude interest or profit charges. The personal card calculator also excludes FX charges and unpriced lifestyle perks; the detailed rewards calculator can deduct verified FX charges.
Official bank sources and application information
- RAKBANK Islamic Platinum Credit Card official product terms
- RAKBANK: Official product page
- RAKBANK: Islamic Platinum KFS
- RAKBANK: 30 July 2026 Islamic tariff
- RAKBANK Islamic Platinum Credit Card official artwork source
Eligibility is subject to the bank’s full assessment. Figures are a source-reviewed snapshot. Confirm current terms before applying. Read the reward calculation and Dirham Score methodology.