Best Islamic Credit Cards in Malaysia
Compare Shariah-Compliant Cards from Malaysia's Top Banks
- View More Information
No Annual Fee!BSN Al-Aiman Gold Credit Card
BSN Al-Aiman Gold Credit Card
- Min. Monthly Income
- RM 3,000 / month
- Profit Rate
- 13.5% p.a.
- Annual Fee
- free
- Rewards Rate
- N/A
Earn 2x Happy Points overseas and 1x locally on this Islamic card with no annual fee.
- View More Information
Islamic cashback cardBank Islam Visa Gold Credit Card-i
Bank Islam Visa Gold Credit Card-i
- Min. Monthly Income
- RM 2,000 / month
- Profit Rate
- 13.5% p.a.
- Annual Fee
- free *
- Rewards Rate
- N/A
Shariah-compliant card with up to 3% cashback at halal merchants and free Takaful coverage.
- View More Information
Islamic travel cardBank Islam MasterCard World Credit Card-i
Bank Islam MasterCard World Credit Card-i
- Min. Monthly Income
- RM 8,333 / month
- Profit Rate
- 13.5% p.a.
- Annual Fee
- free *
- Rewards Rate
- N/A
Shariah card with up to 3x TruPoints, lounge access, and RM2 million travel Takaful.
- View More Information
For Premium LifestyleBank Islam Visa Infinite Business Credit Card-i
Bank Islam Visa Infinite Business Credit Card-i
- Min. Monthly Income
- RM - / month
- Profit Rate
- 13.5% p.a.
- Annual Fee
- free
- Rewards Rate
- N/A
Maximize your travel and spending with up to 8% cashback, complimentary Takaful travel coverage, and 10x annual lounge access at selected airports.
- View More Information
Shariah entry cardBSN Al-Aiman Classic Credit Card
BSN Al-Aiman Classic Credit Card
- Min. Monthly Income
- RM 2,000 / month
- Profit Rate
- 13.5% p.a.
- Annual Fee
- free
- Rewards Rate
- N/A
An Islamic entry-level card earning Happy Points on all spend, with no annual fee.
- View More Information
Islamic Rewards CardBank Islam Mastercard Platinum Credit Card-i
Bank Islam Mastercard Platinum Credit Card-i
- Min. Monthly Income
- RM 4,000 / month
- Profit Rate
- 13.5% p.a.
- Annual Fee
- free *
- Rewards Rate
- N/A
Shariah card with 2x TruPoints on contactless and petrol, plus up to RM1 million Takaful.
- View More Information
Accepted GloballyBank Islam MasterCard Gold Credit Card-i
Bank Islam MasterCard Gold Credit Card-i
- Min. Monthly Income
- RM 2,000 / month
- Profit Rate
- 13.5% p.a.
- Annual Fee
- free *
- Rewards Rate
- N/A
Shariah-compliant Bank Islam MasterCard Gold Credit Card-i blocks non-Halal merchants. Get 0% instalment plans and a free annual fee with 12 swipes.
- View More Information
No Annual Fee!BSN-Teachers Al-Aiman Gold Credit Card
BSN-Teachers Al-Aiman Gold Credit Card
- Min. Monthly Income
- RM 2,000 / month
- Profit Rate
- 8.88% p.a.
- Annual Fee
- free
- Rewards Rate
- N/A
2x Happy Points on overseas spend for teachers and MOE staff, with rates from 8.88% p.a.
- View More Information
1x rewards point for all retail spendAFFIN Mastercard Gold-i
AFFIN Mastercard Gold-i
- Min. Monthly Income
- RM 2,000 / month
- Profit Rate
- 15% p.a.
- Annual Fee
- free *
- Rewards Rate
- N/A
Get 1x AFFIN Rewards Point for every Ringgit spent and convert to air miles. Enjoy 0% EPP for retail purchases, plus a low-rate balance transfer plan too.
- View More Information
No annual fee card!Bank Rakyat Gold Credit Card-i
Bank Rakyat Gold Credit Card-i
- Min. Monthly Income
- RM 3,000 / month
- Profit Rate
- 13.5% p.a.
- Annual Fee
- free
- Rewards Rate
- N/A
Zero annual fee for life, 1 Rakyat Reward Point per RM10, and free Takaful family coverage.
More Information
Compare Islamic Credit Cards and Apply Online
What is an Islamic credit card?
An Islamic credit card is firstly, Shariah-compliant. The main differences between Islamic credit cards and conventional credit cards are the prohibition of gharar and riba. Gharar is overcharging, while riba is interest. There are no compound charges as overcharging is also prohibited under Shariah law.
Secondly, Islamic credit cards do not charge interest. Any interest or riba is strictly prohibited under the Shariah law. Therefore, what Islamic banks do is provide Islamic credit cards by charging for their service, which is known as the “profit charge”, and only charged if there is an outstanding amount that is not paid within the grace period.
Thirdly, most of the Islamic credit card offers Takaful coverage. Aside from that, Muslims will also have the added convenience of being able to pay their Zakat with an Islamic credit card.
How do Islamic credit cards work?
An Islamic credit card, also known as credit card-i in Malaysia offers a viable option for Muslims to have the convenience of a credit card while keeping true to their faith.
It’s also an alternative option for non-Muslims as you don’t necessarily have to be Muslim to have an Islamic credit card.
For non-Muslims who prefer the concept of Islamic banking, an Islamic credit card would give them an option aside from the conventional credit card.
An Islamic credit card functions similarly to a conventional credit card but with some slight differences in the offered features.
Who can apply for an Islamic credit card?
Islamic credit cards can be enjoyed by both Muslims and non-Muslims.
In fact, many non-Muslims now use these cards to take advantage of their unique features and fantastic deals.
How do I apply for an Islamic credit card?
Use our free comparison tool to find the best Islamic credit card to suit your needs.
We compare credit cards across all trusted providers in Malaysia. Once you found a card that you wish to apply for, click the ‘Apply now’ button.
Shariah banking VS Conventional banking
Shariah-compliant banking is governed by Islamic principles which includes being interest-free.
Making money from money, such as by charging interest, is prohibited (usury) and therefore Shariah-compliant banking will not have this.
Wealth will be made through legitimate trade and investment in commodities or assets, however companies involved with alcohol, gambling, tobacco, and pronography is off limits.
Financial tools and financing that are structured in accordance to Islamic law are Shariah compliant.
Best Islamic Credit Cards in Malaysia
You can find an array of Islamic credit cards here at CompareHero.my so to make your search and comparison easier, we recommend these top 3 Islamic credit cards in Malaysia.
RHB World Mastercard Credit Card-i
• Up to 6% cashback on local travel, petrol and dining spend
• Up to 2% cashback on overseas spend and 0.2% cashback on all other spend
• Up to 6X Plaza Premium Lounge access in Malaysia
• No annual fees
Public Islamic Bank Visa Platinum Credit Card-i
• 2% cashback on Online and Overseas Spend (capped at RM15 monthly)
• 50% discount on Will and Wasiat Writing Service fees
• Every 0.1% of your monthly dining spend will automatically be donated to Yayasan Waqaf (capped at RM100 monthly)
• The annual fee is free for the first year and will continued to be waived when you swipe at least 12 times over the preceding 12 months
Maybank Islamic Ikhwan American Express Platinum Card-i
• Up to 8% cashback on Online Spending during Ramadhan, Syawal and throughout the year
• Up to 3X TreatsPoints for every RM1 spent on selected categories
• TreatsPoints can be redeemed with gifts, gadgets, vouchers and even air miles (20,000 TreatsPoints = 1,000 Enrich/KrisFlyer/Asia Miles)
• No annual fees