alBaraka Gold Credit Card: Sharia-compliant Rewards and Benefits – Black Cash

alBaraka Gold Credit Card: Sharia-compliant Rewards and Benefits

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Are you looking for a credit card that offers rewards and benefits while adhering to Islamic principles? Then the alBaraka Gold Credit Card might be the perfect fit for you. This Sharia-compliant card, offered by Al Baraka Islamic Bank, provides a convenient and rewarding way to manage your finances.

Features and Services:

  • Worldwide Acceptance: Make purchases anywhere Mastercard® is accepted, giving you global spending power.
  • Reward Programs: While traditional credit cards offer interest, alBaraka offers a profit-sharing system. This means you may be eligible for benefits based on your spending habits. (Details on specific programs vary by region. Contact your local Al Baraka branch for more information.)
  • Cash Withdrawals: Access up to 25% of your credit limit for cash withdrawals at ATMs.
  • Grace Period: Enjoy a grace period on purchases, allowing you to settle your balance without incurring any profit charges. (Grace period may vary by region.)
  • Supplementary Cards: Get unlimited free supplementary cards for your family members.
  • No Annual Fees: Unlike many premium cards, the alBaraka Gold Credit Card boasts no annual fees.

Credit Card Reward Policy:

Specific reward programs vary depending on your location. Contact your local Al Baraka branch for the latest details on available benefits and how to earn them.

Reviews and Ratings:

User reviews for the alBaraka Gold Credit Card are generally positive. Customers appreciate the transparency of Sharia-compliant banking and the convenience of features like worldwide acceptance and cash withdrawals. However, some users recommend researching specific reward programs offered in their region before applying.

Safety Measures:

Al Baraka Islamic Bank prioritizes security. Your card comes with chip and PIN technology for added protection against fraud. Additionally, the bank offers online security features like two-factor authentication to safeguard your online banking experience.

Mobile and Internet Banking:

Manage your alBaraka Gold Credit Card on the go with convenient mobile and internet banking options. Easily view your balance, track transactions, and make payments directly from your smartphone or computer.

Credit Card Application Criteria:

Eligibility requirements for the alBaraka Gold Credit Card may vary by region. Generally, you’ll need to meet minimum salary requirements and provide basic documentation for processing.

FAQs:

  • Is the alBaraka Gold Credit Card truly interest-free?

Traditional credit cards charge interest. The alBaraka Gold Credit Card operates on a profit-sharing model, which adheres to Sharia principles.

  • What are the profit rates for the alBaraka Gold Credit Card?

Profit rates may vary depending on your location. Contact your local Al Baraka branch for the latest details.

  • How do I apply for the alBaraka Gold Credit Card?

Visit your nearest Al Baraka branch or contact them directly to initiate the application process.

TAGS:

  • Islamic credit card
  • Sharia-compliant credit card
  • Halal credit card
  • Rewards credit card (replace with specific benefit if known, e.g. cashback credit card)
  • Travel credit card (if applicable)
  • Credit card with no annual fee

Conclusion:

The alBaraka Gold Credit Card offers a compelling option for those seeking a Sharia-compliant credit card with worldwide acceptance, rewards programs, and convenient features. With its focus on security and mobile banking options, this card can be a valuable tool for managing your finances.