WHAT IS IN ABU-DHABI A SHARIA COMPLIANT CREDIT CARD ?
In Abu Dhabi, an Islamic (halal) credit card is issued under Shariah-approved contracts and supervised by each bank’s Shariah Board. Instead of compounding interest, pricing relies on covered card mechanics or fee/profit schedules disclosed up front.
Abu Dhabi’s ecosystem is mature: ADIB and Al Hilal are fully Islamic institutions, while large conventional banks operate Islamic windows (FAB Islamic, ADCB Islamic) with dedicated product lines and governance.