FAB Islamic

FAB offers a range of Shariah-compliant personal and investment banking and finance solutions to help customers grow their wealth. FAB customers can choose from Islamic accounts, Islamic cards and Islamic financing for cars, homes and personal use. You can read more about our Islamic banking offerings here.

Yes! FAB offers a variety of Islamic credit cards. Users can enjoy special privileges, discounts and exciting benefits. Both Visa and Mastercard options are available. Check out our range of FAB Islamic cards here.

Shariah-compliant banking or Islamic banking, is a banking system that is governed by the principles of Islamic law (Shariah) and guided by Islamic economics which prohibits dealing with “Riba” or “Interest” and permits earning profit on trading of goods, leasing of assets, or charging fees on providing services.

Yes, with FAB’s various personal, and corporate Islamic offerings, banking in other currencies is available. Please find below the currencies available for each product:

Products available in AED, GBP, USD, and EUR:

• Islamic Current Account
• Islamic Savings Account

Products available in AED only:

• Islamic Investment Deposit Account
• Emirati Al Awwal Investment Certificate
• Cashback Islamic Credit Card
• Etihad Infinite Islamic Credit Card
• Etihad Platinum Islamic Credit Card
• Etihad Signature Islamic Credit Card
• Islamic Personal Finance
• Islamic Non-Salary Transfer Personal Finance
• Islamic Car Finance
• Islamic Home Finance

FAB Islamic Rewards:

• FAB Islamic rewards are applicable for select Islamic AED accounts and select Islamic AED cards issued in the UAE only. For more information on earning Rewards, click here.
• International spending on Islamic credit cards and debit cards, in any currency, will earn you rewards as long as the card was issued in the UAE.

Interest is any excess amount paid and/or received in exchange of money (loan or deposit). Profit is any amount earned in exchange of goods, assets, services or rights, interests, benefits and entitlements in, to and under such assets in a Shariah-compliant manner.