Service Charges

Explore our service charges section when conducting your market research, to find out more about service charge requirements, penalty fees and early settlement fees pertaining to your selected product or service. We believe that gaining upfront access to all the information needed is the best way to get about comfortably when taking a decision.

No. Description Fees/Charges
1 Registration Fee for the first time Free
2 Annual Fees – Primary Card Free
3 Annual Fees – Supplementary Card Free
4 Murabaha Profit Rate 3.09%* per month, 2.5%** per month
5 Cash Advance Fees 3% of the Cash Withdrawal Amount or AED 200, whichever is higher
6 Over Limit Fees AED 300
7 Wakala Fees AED 150
8 Foreign Currency Transaction Fees 2.85%
9 Takaful Insurance 0.75% per month on the Outstanding Amount
10 Sales Voucher Copy (Covered Card Transaction Slip Copy) AED 65
11 Card Replacement Fees AED 75
12 Duplicate Statement – Per Monthly Statement AED 45
13 Liability Letter AED 50
14 Clearance Letter AED 50
  • All Fees & Charges are exclusive of VAT
  • All Fees & Charges mentioned in this guide are in UAE Dirhams and subject to change from time to time at the sole discretion of Islamic Finance House Pvt. J.S.C. and with a timely notification to the customers.
  • Charges for services not indicated in this guide are available on request.
  • *Applicable for Cards sourced from 12th of October 2016 onwards.
  • **Applicable for Cards sourced on or prior to 11th of October 2016.
No. Description Fees/Charges
1 Registration Fee for the first time Free
2 Annual Fees – Primary Card Free
3 Annual Fees – Supplementary Card Free
4 Murabaha Profit Rate 3.09%* per month, 2.5%** per month
5 Cash Advance Fees 3% of the Cash Withdrawal Amount or AED 200, whichever is higher
6 Over Limit Fees AED 300
7 Wakala Fees AED 150
8 Foreign Currency Transaction Fees 2.85%
9 Takaful Insurance 0.75% per month on the Outstanding Amount
10 Sales Voucher Copy (Covered Card Transaction Slip Copy) AED 65
11 Card Replacement Fees AED 75
12 Duplicate Statement – Per Monthly Statement AED 45
13 Liability Letter AED 50
14 Clearance Letter AED 50
  • All Fees & Charges are exclusive of VAT
  • All Fees & Charges mentioned in this guide are in UAE Dirhams and subject to change from time to time at the sole discretion of Islamic Finance House Pvt. J.S.C. and with a timely notification to the customers.
  • Charges for services not indicated in this guide are available on request.
  • *Applicable for Cards sourced from 12th of October 2016 onwards.
  • **Applicable for Cards sourced on or prior to 11th of October 2016.
No. Description Fees/Charges
1 Processing Fees 1% of the finance amount (Minimum AED 500, Maximum AED 2,500)
2 Liability Letter AED 50
3 Clearance Letter AED 50
4 Death & PTD Takaful Insurance 0.252% of Finance amount per annum
  • All Fees & Charges are exclusive of VAT
  • All Fees & Charges mentioned in this guide are in UAE Dirhams and subject to change from time to time at the sole discretion of Islamic Finance House Pvt. J.S.C. and with a timely notification to the customers.
  • Charges for services not indicated in this guide are available on request.