Packed with an array of carefully selected features and benefits, Islamic Finance House Gold Covered Card is designed to meet all your needs, while providing you with a highly secure, convenient and flexible way to make all your payments.


  • Free for life card.
  • Competitive profit rate.
  • Exceptional deals and discounts through Value House.
  • 1% referral program for introducing prospect customers.
  • Free supplementary covered cards
  • Transparency of fees and charges.
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.


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Gold Covered Card

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Covered Card

The top line benefit of our World covered card is the fact that it is “free for life” (no issuing fee for the card).

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Contact Us

Lost your covered card?

Immediately report your lost/stolen card via our 24-hour helpline 600511117

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