Best Islamic credit cards
We found 21 credit card(s) for you!
Here's some popular credit cards for your reference!
A shariah-compliant credit card that earns up to 8x TreatsPoints when you spend at any petrol service station nationwide.
- Interest Rate
- 15% p.a.
- Annual Fee
- Free
- Cashback
- -
Up to 5 TreatPoints on all overseas spending, and 2 Treatpoints spent locally
- Interest Rate
- 15% p.a.
- Annual Fee
- RM 800
- Cashback
- -
Up to 2x TreatsPoints from retail spending
- Interest Rate
- 15% p.a.
- Annual Fee
- Free
- Cashback
- -
Shop smart and safe with up to 8% bonus cash back on eWallet spend, petrol, and groceries all whilst protected by E-Commerce Purchase Protection.
- Interest Rate
- 15% p.a.
- Annual Fee
- Free
- Cashback
- Up to 8%
Earn cashback of up to 0.3% from retail transactions from all certified Halal merchants, and get up to RM100,000 of Takaful protection!
- Interest Rate
- 13.5% p.a.
- Annual Fee
- RM 60
- Cashback
- Up to 0.3%
Earn up to 1% cashback on retail spending!
- Interest Rate
- 15% p.a.
- Annual Fee
- Free
- Cashback
- Up to 1%
Earn up to 8% Cash Back on weekends and 1% cash back on weekdays from petrol spending at PETRONAS
- Interest Rate
- 15% p.a.
- Annual Fee
- Free
- Cashback
- -
Earn up to 10x reward points for Movie, Overseas,Online, Health, Insurance, Shopping & other Retail spend ! You also won’t miss out on golf privileges at Kota Permai & Sungai Long Golf & Country Club too!
- Interest Rate
- 15% p.a.
- Annual Fee
- RM 212
- Cashback
- -
Get Takaful protection with coverage of up to RM100,000, and also earn up to 0.3% cashback on retail transactions at all certified Halal merchants!
- Interest Rate
- 13.5% p.a.
- Annual Fee
- RM 130
- Cashback
- -
Enjoy TruPoints for every RM1 spent on overseas and local spending and redeem attractive prizes through Bank Islam TruRewards Loyalty Programme.
- Interest Rate
- 13.5% p.a.
- Annual Fee
- RM 388
- Cashback
- -
Enjoy upto 1% cash back spent overseas & 0.5% on local spent
- Interest Rate
- 15% p.a.
- Annual Fee
- Free
- Cashback
- Up to 1%
Shariah-compliant card specially forged for teachers in Malaysia. Receive rewards every time you shop while contributing 0.2% to YGMB!
- Interest Rate
- 8.88% p.a.
- Annual Fee
- Free
- Cashback
- -
Enjoy as low as 11%p.a. finance charge for prompt minimum payment for 12 consecutive months & get a complimentary BSN Zing PLUSMiles Touch ‘n Go card.
- Interest Rate
- 11% p.a.
- Annual Fee
- Free
- Cashback
- -
With this card you earn up to 2x BSN Reward Points with all retail spending, and Travel Accident insurance coverage of up to RM300,000!.
- Interest Rate
- 13.5% p.a.
- Annual Fee
- Free
- Cashback
- -
All your overseas retail spending will be rewarded with up to 2x BSN Reward points, included with Travel Accident insurance coverage of up to RM300,000!
- Interest Rate
- 13.5% p.a.
- Annual Fee
- Free
- Cashback
- -
This card rewards up to 2x BSN Reward points with all retail spending, and get covered with Travel Accident insurance of up to RM500,000!
- Interest Rate
- 9.95% p.a.
- Annual Fee
- Free
- Cashback
- -
Use it at over 29 million merchants and 1 million ATMs worldwide, enjoy Happy Points and many more card facilities.
- Interest Rate
- 9.95% p.a.
- Annual Fee
- Free
- Cashback
- -
7% cash rebate for Setel transaction with statement balance of RM1,500 and above,5% cash rebate with statement balance of RM1,500 and above. 3% cash rebate with statement balance below RM1,500!
- Interest Rate
- 15% p.a.
- Annual Fee
- Free
- Cashback
- Up to 7%
10,000 TreatsPoints on first spend, exclusive discounts on dining, golf privileges
- Interest Rate
- 15% p.a.
- Annual Fee
- Free
- Cashback
- -
Enjoy up to 5% cashback every Friday and Saturday, and 10,000 Maybank TreatsPoints on your FIRST TIME spend with your new Maybank MasterCard Ikhwan Gold Card.
- Interest Rate
- 15% p.a.
- Annual Fee
- Free
- Cashback
- RM50 /mth
A money-saving credit card with 5% cashback on groceries and petrol, TreatPoints gift redemption, and no annual fee for life plus FREE Touch 'n Go Zing card!
- Interest Rate
- 15% p.a.
- Annual Fee
- Free
- Cashback
- RM50 /mth
Other Credit Card categories
Prefer to talk to our customer care agents?
How do you apply for a credit card online?
Step 1
Use our Credit Card Smart Search to find a list of cards that fits your needs! Choose the one you are interested in.
Step 2
Once you fill in your contact details, we will call you to help you apply!
Read more about Islamic credit cards
FAQs Islamic Credit Card in Malaysia
Credit cards in Malaysia work similarly to personal loans. When you make a payment using one, you are essentially “borrowing” money from the card issuer. By the end of each month, you are expected to repay the amount you’ve “borrowed”. Failure to do so would see you being charged an interest on your unpaid amount.
-
Islamic credit card is one of the many products offered by Islamic institutions (mainly banks) to allow an individual to make purchases on credit. This credit cards adhere to the principles of Al Bai Bithaman Ajil, whereby it is a sale (profit is included in the sale) and purchase transaction on a deferred payment basis but comes with a pre-agreed payment period. This is when a bank pays for the "goods" or "services" of the merchant and sells it back to you. With these principles, the consumer will have an interest-free and penalty-free card.
-
Islamic credit cards have almost similar functions to that of personal loans. When you make a purchase by swiping your card, you are essentially asking the bank to pay for the purchase first. However, the bank expects us to pay them back the money in a period of time. If an individual fails to make the full payment, profit will be charged on the outstanding balance.
-
With different features, benefits, terms and conditions, privileges and functions of the Islamic credit cards in Malaysia, these are some of the major categories of the card:
-
Reward points: These cards offer you reward points for each transaction that you make on the card (depending on the terms and conditions). These points can be used to exchange for gifts or vouchers; depending on what is prepared and provided by the card issuer.
-
Cash back cards: These cards offer you cashback for your transactions (subject to the type and amount of spending).
-
Low profit rate: These cards have a low profit rate on outstanding balances (allowing the cardholder to pay lesser interest charges).
-
Travel miles: These cards offer you travel miles for the transaction on your cards. These points can be exchanged for air tickets, seat upgrades and/or any other travel-related benefits.
-
Petrol Rewards: Cash rebates and/or points are provided for spending at petrol kiosks for these cards.
-
Dining rewards: Enjoy exclusive discounts, promotions and rewards from your favourite casual and fine dining restaurants.
-
Shopping discounts and rewrds: If you like shopping, choose a credit card that rewards you when you shop at your favourite malls or merchants.
-
Premium: Fine-dining, access to airport premium lounge, exclusive access to clubs and events, and golfing are provided for these cards.
-
-
The profit rate in Malaysia usually comes in the range of 15% - 18% p.a. Some card issuers have a lower profit rate (subjective to card issuer). The profit rates come in a tiered system whereby to enjoy a lower profit rate on your oustanding balance, you will need to make a consistent prompt repayments; otherwise a high profit rate will be charged to your oustanding balance.
-
Cardholders generally needs to make a minimum monthly repayment of 5% on their credit card bills (or a minimum of RM50 - depending on the bank) by the due date of each month. Failure to make the minimum monthly repayment will not only make the profit rate charged on your outstanding balance to rise to a higher tier, you will also be charged a late payment penalty of 1% (or a minimum of RM10 - depending on the bank).
-
Individuals with income of RM36,000 or less in a year, will have their credit limit to be limited to twice of their monthly income. If an indivual makes RM2,5000 a month, the credit limit would be a maximum of RM5,000 (2 x RM2,500). For individuals who earn more than RM36,000 in a year, the credit limit will be determined by the bank.
-
Individuals with income of RM36,000 or less in a year, can hold a maximum number of 2 credit cards. If your annual income if more than RM36,000, the maximum limit of the number of credit cards that you can hold is removed. For these cards, most of them tend to have annual fees (but will be waived under a certain condition).
-
An Islamic Credit card can be applied through iMoney by using our free online calculator. Documents needed for application differ from one card issuer to the other but generally includes:
For employees:
A copy of your MyKad (both sides), latest three-month payslips + latest three-month bank statements OR latest three-month EPF statements.For self-employed:
A copy of your MyKad (both sides) and latest Borang B/BE with LHDN acknowledgement.