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Charge Cards Al-Rajhi Charge Card v1

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TSkevler
post Jun 22 2012, 03:48 PM, updated 14y ago

trading in the zone
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Al-Rajhi Bank Charge Card-i offers:

Up to 55 days of cost-free funds
24-hour ATM access at Al Rajhi Bank ATMs and ATMs displaying Visa PLUS and MEPS signs
Accepted at millions of Visa outlets worldwide
A Visa Wave feature for faster, secure and contactless transactions
Monthly statements to track your spending
In Compliance with Al Rajhi Bank (Malaysia) Shariah Standard



Requirements
- Minimum monthly income of RM3,000 for Classic Card and RM6,000 for Gold Card
- Open to Malaysians aged 21 and above
- Minimum income of RM3,000 per month
- A copy of:

• NRIC or Military ID or Police ID
• Latest 2 months’ pay slips
• Latest 3 months’ bank statement or latest EPF statement


Card Features
Minimal income : RM40,000
Annual Fee : RM70

No contract
No Treat/Reward Points
No Rebate Petrol
No Other Expense Rebate
No Group Insurance/Takaful
No Reward Programme
No Monthly Instalment charge-free services



I think this is a good charge card for all muslim brothers and sisters as Al-Rajhi not practicing riba' in their business.

I'm in the midst to terminate my Bank Islam Card and HSBC card ...

This post has been edited by kevler: Jun 22 2012, 04:02 PM
TSkevler
post Jun 25 2012, 05:37 PM

trading in the zone
*******
Senior Member
2,939 posts

Joined: Oct 2004
From: localhost


the reason why i want to terminate Bank Islam credit card is because they are now behave like other conventional bank like HSBC,Maybank,and so forth

so ..i think , from Islamic perspective , AlRajhi provide a good service without charging any interest/riba/bunga if we want to do cash advance ..after 55 days if we not able to pay the debt , AlRajhi will send letter saying that u should pay the debt else u will get penalty ...this is good too as Prophet Muhammad saying people whom not paying debt should punish them.

 

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