Emirates Islamic credit cards
Emirates Islamic Bank P.J.S.C. is licensed by the Central Bank of the UAE. Its credit card terms as published on 12 November 2026: profit rate (apr) on purchases and cash 44.28% on most cards; 43.08% on Emarati; 39% on Skywards Black.
Emirates Islamic Bank P.J.S.C. is on the Central Bank of the UAE’s register as a national bank licensed for islamic retail banking in Dubai.1 The figures below are quoted from its own published documents and include VAT where the bank says so.
What does a Emirates Islamic credit card cost you?
| Charge | What the bank publishes |
|---|---|
| Profit rate (APR) on purchases and cash | 44.28% on most cards; 43.08% on Emarati; 39% on Skywards Black |
| Annual fee | None on some cards; AED 208.95 to AED 2,625 on others; AED 5,775 on Skywards Black with the fast track to Skywards Gold, AED 2,100 without it |
| Minimum payment | 5% of the closing balance or AED 100, whichever is higher |
| Late payment | AED 131.25 a month commitment to donate, paid to charity |
| Over-limit fee | AED 261.45 a month |
| Cash advance fee | 3.15% or AED 103.95, whichever is higher; up to AED 10,000 or 50% of the limit per transaction, whichever is lower |
| Foreign currency fee | 2.34% (1.84% on Emarati and Skywards Black) in the key facts statement; 2.54% (2.34% on Amazon, 2.30% on Emarati and Skywards Black) in the schedule of charges. A network fee of about 1.15% is added. 1.99% on AED payments abroad |
| Card replacement | AED 78.75 on most cards |
| Liability or no liability letter | AED 52.50 |
The figures come from Key Facts Statement, Credit Cards (Undated) and the Cards Schedule of Charges on the bank’s website. The two documents give different foreign currency fees; ask the bank which applies to your card.23
All Emirates Islamic credit cards are based on Murabaha: the bank sells you Wakala certificates at cost plus a defined profit. The profit-free period of up to 55 days covers purchases, not cash advances or balance transfers.2
How do you complain to Emirates Islamic?
Use the bank’s official complaint channel and keep the reference number. Under Central Bank rules Emirates Islamic must acknowledge your complaint within 2 business days and send a final written answer within 30 business days.4 If you are not satisfied after 15 calendar days, you can go to Sanadak. The steps are in how to complain about your bank.
Read the bank’s key facts statement for your card before you sign, and compare its rate in the interest calculator.
Sources
4
1Central Bank of the UAE, CB Register as of June 2025. Last checked 12 Nov 2026. Source document: CB Register as of June 2025
2Emirates Islamic, Key Facts Statement, Credit Cards, Undated. Last checked 12 Nov 2026. Source document: Key Facts Statement, Credit Cards
3Emirates Islamic, Cards, Schedule of Charges. Last checked 12 Nov 2026. Source document: Cards, Schedule of Charges
4Central Bank of the UAE, Consumer Protection Standards, Notice 1158/2021, in force. Last checked 12 Nov 2026. Source document: Consumer Protection Standards
- Owner
- Comparecreditcards.ae research team
- Last review
- Next review due
- 11 May 2027
- Status
- Published