ProviderMashreq
Mashreq Islamic Covered Card
Eligibility unknownShariah-compliantCredit CardsCredit card with rewards, travel benefits and instalment plans.
Last verified Nov 11, 2026, 3:01 PM2 sources behind these figures
Terms and conditions
| Fees and rates | |
| Annual fee | AED 3,000.001 source
|
|---|---|
| Monthly interest rate | 3.69% p.m.1 source
|
| Foreign-currency markup | 3.25% flat1 source
|
| Rewards and benefits | |
| Cashback | 1.00% flat1 source
|
| Airport lounge access | NoNo evidence recorded |
| Rewards | Dining offersNo evidence recorded |
| Shariah compliance | |
| Shariah structure | Tawarruq1 source
|
| Profit rate basis | Reducing balanceNo evidence recorded |
| Shariah board reference | MASHREQ-SSB-2026-0401 source
|
| Eligibility | |
| Minimum monthly income | AED 10,500.00No evidence recorded |
| Minimum age | 21 yearsNo evidence recorded |
| Maximum age at maturity | 60 yearsNo evidence recorded |
| Residency eligibility | Residents and UAE nationalsNo evidence recorded |
| Eligible employer types | Private sector, GovernmentNo evidence recorded |
| Minimum tenure | —No evidence recorded |
| Maximum tenure | —No evidence recorded |