Platinum Credit Card with the lowest profit rate
Are you thinking of getting a fully Sharia compliant Credit Card having a high limit with a flexible repayment?
Al Al Rajhi Bank introduces the Platinum Credit Card based on Murabaha finance to offer you the ultimate flexibility and many unique features.
Murabaha Platinum credit card is based on giving you a fully Sharia compliant finance, and then deposit the funds in your card account to use it on purchases or cash withdrawals with the lowest profit rate on finance (1% per month).
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Features and Benefits
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Card Issuance Requirements
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Apply
- MOKAFA Program allows you to earn 1 point domestic per SAR 1 in your purchasing and 2 points in international with your card
- Cash Withdrawal allows you to earn points while purchasing with your card, with various instant redemption options.
- Enjoy the flexibility of paying as low as 5% of your monthly Card statement.
- Access, at 25 airport lounges globally though DragonPass .
- Exclusive perks with “kiwi collection” The world’s largest and most diverse and curated collection of luxury hotels including:
- Automatic room upgrade upon arrival, when available
- Complimentary continental breakfast daily
- $25 USD food or beverage credit
- Current Accounts with Al Rajhi Bank
- Copy of Valid ID (national ID/Iqama)
- Salary certificate mentioning employments from employee
- Fill & submit application form
- Should be compliant with Al Rajhi Bank’s and SIMAH’s policies for issuance credit cards
- Al Rajhi App
- By calling us on 800 124 1222
- By Visiting your nearest Branch
- Apply Online
Luxurious Travel

Enjoy access, at 25 airport lounges globally though "DragonPass" .For more or to find included lounges.
Exclusive perks with kiwi collection , the world’s largest and most diverse and curated collection of luxury hotels including:
- Automatic room upgrade upon arrival, when available
- Late check-out upon request, when available
- $25 USD food or beverage credit
- Complimentary continental breakfast daily
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Offers & Discounts
Enjoy a unique collection of offers and experiences across travel, dining, wellness and more with your Platinum Credit Card
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Secure Online Shopping
Our free online shopping service is designed to protect you from credit card fraud and misuse when making purchases over the Internet with your credit card.
Other features that come with
a Platinum Credit Card
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Cash Withdrawal
Local & international cash withdrawal up to 30% of your credit limit.
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ATM Access
Accepted at over 30 million local & international POS including 900,000 ATMS worldwide.
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Supplementary Cards
Free Supplementary cards for your family members.
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3D Secure
More secure than cash, 3D secure uses a verification process, one time password for online shopping and EMV chip to protect your information.
+ Fees & Charges
Annual Membership Fee
SAR 490
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Annual Membership Fee
SAR 490
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Type of Fee | Fee’s Value |
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Annual primary Card | SAR 490 |
Supplementary Card | 2 free cards |
Annual Supplementary Cards (more than 3) | SAR 190 |
Monthly Profit Rate | 1.99% |
Monthly Minimum Payment | 5% or SAR 100 whichever is higher |
Additional fee on International Transactions | 2.75% |
Replacement | SAR 50 |
Cash Withdrawal | SAR 75 |
Wrong Dispute Fee | SAR 50 |
Application of Purchase Voucher Copy | SAR 150 |
Example: Descriptive Examples showing the APR based on the credit limit
Example |
Due Amount |
APR |
Finance APR |
Minimum Payment Amount % |
Months Until Balance Repaid* |
1 |
SAR 10,000 |
35.6% |
23.88% |
5% |
77 Months |
2 |
SAR 20,000 |
29.65% |
98 Months |
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3 |
SAR 75,000 |
25.4% |
140 Months |
* If the minimum payment amount made every month, it will take almost the months that appeared for each product in table to repay the full amount, keeping in view compounded interest added each month.
*APR may change based on the change in the financing amount and due date.
Report a Lost or Stolen Card
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CALL TOLL FREE WITHIN KSA800 124 8880
TOLL FREE WITHIN KSA+966 92000 5544
Alternatively ,Please follow steps outlined in :
Platinum Credit Card
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Why should I apply for Card ?The Card offered by Al Rajhi Bank is a fully sharia compliant Card based on Islamic principle and offer unparalleled benefits tailored to your needs.
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What is the Islamic concept used for the Card?The card is based on Murabaha financing wherein purchase and sale of commodity is consented by the customer for the issuance of Card.
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Is there any interest or profit charges on Card ?The Card offers you lowest ever profit rate of 1% per month as a part of monthly Murabaha installment on your Card. However, upon full payment of your outstanding on due date, full rebate equivalent to your installment will be credited into your Card account. This way the impact of profit is void.
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Once I receive the Card, how can I start using it?Upon receiving the Card from courier, you need to activate it by logging into Al Mubasher (online banking) or calling our toll free number 800 124 1222. Since this Card is secured by “Chip & Pin” feature, you also need to setup your PIN code while activating your Card.
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Can I use my card for online shopping?Yes. Card is secured by “Verified by VISA (VbV)” for online shopping & purchases you make.
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Can i issue a supplementary Card to my family members?Yes. A supplementary Card can be issued to your family members upon your request.
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How do I pay my Card bill?A minimum 5% of your bill will be deducted automatically from your current account. However, you can pay any amount against your Card bill online via Al Mubashar using “advance payment” option.