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Mashreq Mashreq Al Islami Cashback Credit Card
Mashreq

Mashreq Al Islami Cashback Credit Card

Shariah-compliant cashback with no annual fee

Apply at bank

Key facts

Min salary
AED 5,000/mo
Annual fee
Free for life
Salary transfer
Not required
FX fee
2.89%
Monthly interest
3.85%
Interest-free days
57 days

Earn rates

  • Dining
    No cap
    Rate effective 13 Jun 2026; mirrors conventional Mashreq Cashback
    5% back
  • Bills & telecom
    No cap
    Reduced from 0.33% effective 13 Jun 2026
    0.15% back
  • Fuel
    No cap
    Reduced from 0.33% effective 13 Jun 2026
    0.15% back
  • School fees
    No cap
    Reduced from 0.33% effective 13 Jun 2026
    0.15% back
  • Everything else
    No cap
    1% back

The fine print that matters

  • Tawarruq profit rate

    3.85% per month Tawarruq profit rate applies if you revolve

  • Late payment fee

    AED 241.50 late payment fee

  • Over limit fee

    AED 303.45 over limit fee

  • FX transaction fee

    2.89% spread on international transactions

This card loves dining. So do these deals →

50% off everything at Claro Speciality Coffee (Drinks & Desserts) in Sharjah
50% off everything at Claro Speciality Coffee (Drinks & Desserts) in Sharjah
Board game nights at SALT (15% off their menu)
Board game nights at SALT (15% off their menu)
Starbucks Frappuccino & 1 Croissant for 12 AED at ZOOM
Starbucks Frappuccino & 1 Croissant for 12 AED at ZOOM
AED 12
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Info only, not financial advice. Always check the bank's Key Facts Statement.