To cater to the need of customers, Ahli Islamic has developed first of its kind Shari’a based Credit card product. The Credit Card, which is based on the principle of Ujra, is the first ‘Socially Responsible’, credit card in the Sultanate of Oman, which gives flexibility to a cardholder to utilize card limit for any Shari’a compliant purposes and pay certain fee against the availed services. The product is designed in such a way that it is free of any ambiguity and interest. As per Shari’a rules, Ahli Islamic cannot charge customers with any interest amount on the amount withdrawn through the card and in cases cardholder delays in making timely payment, the cardholder undertakes to certain amount as charity, which is not considered as an income of Ahli Islamic, rather that is spent for charity purposes. The product entails two variants:
Visa Platinum Card and Visa Signature Card | |
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Issuance Fee | Nil |
Annual Fee | Nil |
Monthly Fee | As per Card Type and Limit |
Minimum Payment | 3% |
Cash Advance | Up to 20% of Total Limit |
Cash Advance Fee | Nil |
Card Replacement Fee | OMR 10 |
Late Payment Fee | 0.05% from the outstanding |
Over Limit Fee | OMR 10 |
Criteria | Current Criteria |
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Minimum Salary | Salary Range Gov. OMR 320 – 1499 Salary Range Private. OMR 500 – 1499 |
Minimum Age | 21 Years |
Max Age (On maturity or retirement age) | Omanis – 60 Years Expatriates – 59 Years |
Minimum Service | Omanis: Government and Quasi Government – 3 months Private Sector – 6 months Expatriates: Resident in Oman for a minimum of 2 years and with current employer for a minimum of 1 year |
Card Limits | Credit Limit 0-500 (Platinum) Credit Limit 501-1000 (Platinum plus) Credit Limit 1001-2000 (Platinum Exclusive) |
Criteria | Current Criteria |
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Minimum Salary | Minimum Salary of OMR 1,500 |
Minimum Age | 21 Years |
Max Age (On maturity or retirement age) | Omanis – 60 Years Expatriates – 59 Years |
Minimum Service | Omanis: Government and Quasi Government – 3 months Private Sector – 6 months Expatriates: Resident in Oman for a minimum of 2 years and with current employer for a minimum of 1 year |
Card Limits | Credit Limit 2001-3000 (Signature) Credit Limit 3001-4000 (Signature plus) Credit Limit 4001-5000 ( Signature Exclusive) |
Merchant | Segment | Offer Details |
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Qatar Airways | All cardholder | To view Terms and Conditions please click here: |
Jumeirah offers | All cardholder | To view Terms and Conditions please click here: |
Wassan Specialty Dental Clinic | All cardholder | To view Terms and Conditions please click here: |
Travel insurance request | For information |
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For claim inquiry | shariq@dhofarinsurance.com Aparna@dhofarinsurance.com |
For Certificate inquiry: | BancassuranceSupport@dhofarinsurance.com |
For any further inquiry | +968 24705305 EXT : 254 |