Best Islamic Credit Cards in Malaysia 2026
Islamic credit cards are Shariah-compliant and don't charge conventional interest (riba), using structures like Tawarruq or Ujrah instead. They suit anyone wanting Shariah-compliant spending without giving up cashback or rewards. Compare the best Islamic cards in Malaysia below.
Quick answer: the best islamic credit card right now is the Al Rajhi Visa Signature Credit Card-i — 10% cashback on overseas spend (capped RM80/mo) + Priority Pass lounge access.
18 cards · ranked by overall value
10% cashback on overseas spend (capped RM80/mo) + Priority Pass lounge access
Up to 12% cashback at PETRONAS/Setel (RM4,000+ statement balance; 6% below that), capped RM60/mo
5% cashback on Petronas petrol & groceries, Friday & Saturday
Up to 5% cashback on petrol, dining, utilities & groceries (10% online) — capped RM10/mo each, needs RM2,500+/mo spend
5% cashback on dining, groceries, online & utilities (capped RM30/mo)
Up to 5% everyday cashback with free takaful (Islamic)
Up to 8% cashback + global lounge access (Islamic)
Lifetime-free Islamic Infinite with lounge access
How we rank these cards
We shortlist cards relevant to islamic and order them by overall value — headline reward rate, the breadth of benefits, and how accessible the income requirement is — with featured cards surfaced first. Rates and promotions are indicative and time-limited; always confirm the latest terms with the bank before applying. Not financial advice.
Islamic credit cards — FAQ
Are Islamic credit cards interest-free?
Islamic credit cards don't charge conventional interest (riba). Instead they use a Shariah-compliant structure — often a fixed monthly management fee or a profit-based arrangement on the outstanding balance. Compare the effective cost against conventional cards.
Can non-Muslims apply for Islamic credit cards?
Yes. Islamic credit cards are open to everyone in Malaysia, not only Muslims. Many people choose them for the transparent fee structure regardless of religion.
Rates.my is an independent comparison site — not affiliated with, sponsored by, or endorsed by any bank or card issuer. Card names and logos are the property of their respective owners. Spotted an error or need a correction or takedown? Contact Raymond at raymond@rates.my.