Diners Club Shari’ah Charge Card: Manage Your Finances According to Islamic Principles – Black Cash

Diners Club Shari’ah Charge Card: Manage Your Finances According to Islamic Principles

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Are you looking for a credit card that aligns with your Islamic values? Look no further than the Diners Club Shari’ah Charge Card. This innovative card offers a convenient way to make purchases while adhering to Sharia principles.

Features and Services:

  • Sharia-compliant: Unlike conventional credit cards that charge interest, the Diners Club Shari’ah Charge Card operates on a charge card basis. You’ll need to settle your balance in full each month, avoiding any interest fees.
  • Global acceptance: Enjoy the flexibility of using your card at millions of merchants worldwide, just like a regular Diners Club card.
  • Lifestyle benefits: Depending on the issuing bank, you might receive benefits like travel insurance, airport lounge access, and exclusive discounts.

Reward Policy:

The Diners Club Shari’ah Charge Card typically doesn’t offer reward programs based on points or cashback. However, the benefit lies in avoiding interest charges and managing your finances according to Islamic principles.

Reviews and Ratings:

Since this card is a relatively new offering, there might be limited reviews available online. However, Diners Club is a well-established brand known for its premium cards and services. You can find user reviews for similar Diners Club cards to get a general sense of user experience.

Safety Measures:

Diners Club prioritizes cardholder security. You can expect features like:

  • Chip and PIN technology for added security at point-of-sale transactions.
  • 24/7 fraud monitoring to identify and prevent suspicious activity.
  • Lost/stolen card reporting for immediate account protection.

Mobile and Internet Banking:

Most issuing banks will allow you to manage your Diners Club Shari’ah Charge Card through their mobile banking app and online banking portal. This lets you:

  • View your current balance and transaction history.
  • Make online payments.
  • Set up alerts and notifications.

Credit Card Application Criteria:

Eligibility requirements for the Diners Club Shari’ah Charge Card may vary depending on the issuing bank. Generally, you can expect criteria such as:

  • Minimum salary requirement.
  • Positive credit history (in some cases).
  • Residence in the issuing bank’s operating region.

Frequently Asked Questions (FAQs):

  • Is there a fee for using the Diners Club Shari’ah Charge Card?

Yes, there might be an annual fee associated with the card. Contact your issuing bank for details.

  • What happens if I don’t pay my balance in full?

Since it’s a charge card, late payment fees and penalties might apply if you don’t settle your balance by the due date.

  • Is the Diners Club Shari’ah Charge Card Sharia-compliant?

The card itself operates on a charge card basis, avoiding interest charges. However, it’s advisable to confirm Sharia compliance with a qualified Islamic scholar for complete peace of mind.

Conclusion

The Diners Club Shari’ah Charge Card is an excellent option for individuals seeking a convenient and Sharia-compliant way to manage their finances. With global acceptance and essential security features, this card offers a unique combination of Islamic principles and modern financial tools.