03/10/2025 02:31 AST

Emirates Islamic has joined forces with Amazon UAE and Mastercard to launch the first Amazon Credit Card in the Middle East and North Africa region.

Soon to be available exclusively in the UAE, the new credit card is packed with a wide range of lifestyle benefits and offers, making it easier than ever for cardholders to enjoy the experiences they love every day, while unlocking additional savings.

Responding to the growing demand for lifestyle-focused payment options in the UAE's expanding digital retail landscape, this addition to Emirates Islamic's card portfolio demonstrates the commitment they share alongside Amazon and Mastercard to provide customer-centric innovation. The card brings together Amazon's seamless shopping experience and vast selection, Mastercard's secure, innovative payments, and Emirates Islamic's banking expertise, delivering exceptional value, convenience, and flexibility for shoppers in the UAE.

Free for life with no annual membership fees, the Amazon Emirates Islamic Mastercard Credit Card will earn customers unlimited value back of up to 6% on their purchases on Amazon.ae and up to 2.5% on purchases elsewhere, with benefits credited instantly and available to redeem as a discount on their next Amazon.ae purchase. The Amazon Credit Card will prioritize a seamless and secure experience, with a fully digital application process, as well as a convenient digital-first card management and loyalty solution.

"The new credit card offers an unmatched combination of rewards and benefits to shoppers in the UAE. True to our commitment that Prime is the best way to enjoy Amazon, this card is no different, offering incremental savings along the way to Prime members who sign up for the card. We are always looking for ways to innovate on behalf of customers and are proud to deliver even more value and convenience to shoppers across the UAE through the Amazon Credit Card, alongside Emirates Islamic and Mastercard," said Ronaldo Mouchawar, Vice President, Amazon Middle East, Africa, and Turkey.

"We are pleased to announce this strategic collaboration with Amazon and Mastercard, to address the banking needs of our valued customers. Our new co-branded card is packed with features, discounts, and rewards suited for a wide range of consumers, helping them to not only experience all the lifestyle benefits offered within the UAE but abroad as well. As a pioneer in the Islamic banking sector, we are proud to be the first bank in the Middle East to launch an Amazon co-branded credit card," said Farid AlMulla, Chief Executive Officer, Emirates Islamic.

Leveraging Mastercard's advanced tokenization technology, the new card provides peace of mind while transacting, reflecting the growing demand for financial solutions that align with consumers' lifestyles.

"At Mastercard, we continue to push the boundaries of payments, delivering secure, seamless and relevant solutions for people's everyday lives. This collaboration with Amazon and Emirates Islamic highlights the trust in our ability to drive digital-first innovation at scale. By combining security, rewards, and convenience, the Amazon Credit Card is set to become a preferred option for consumers while supporting the UAE's growing digital payments landscape," said Dimitrios Dosis, President, Eastern Europe, Middle East and Africa, Mastercard.

Amazon Emirates Islamic Mastercard Credit Card benefits
In addition to enjoying the card free for life with no annual membership fees, cardholders can earn unlimited value back on everyday spending across shopping, dining, travel, and more with incremental benefits on international purchases. Cardholders will also enjoy an attractive welcome bonus as well as access 0% instalment plans on Amazon.ae and additional select merchants.

Available in two variants, Amazon credit cardholders will enjoy exclusive Mastercard World or Platinum privileges, including access to 1000+ airport lounges, Priceless Cities privileges, and special discounts on various experiences. Additionally, the card will also offer added value through a wide range of exclusive lifestyle benefits including discount on flight and hotel bookings, complimentary valet parking, concierge services, and access to world-class golf courses.


Trade Arabia

Emirates Islamic wins 'most improved branches' award

22/02/2018

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, won the 'Most Improved Branches' award at the 2017 Customer Experience Benchmarking Index Awards, conducted by Ethos In

Trade Arabia

Emirates Islamic launches savings campaign

29/11/2017

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has announced the launch of a new savings campaign that will allow customers to earn up to 200,000 bonus Skywards Miles

Press Release

Emirates Islamic launches Flex Elite Credit Card promotion

22/10/2017

As part of the promotion, valid until 31 December, customers signing up for the Flex Elite Card will receive a welcome bonus of 150,000 EI SmartMiles, equivalent to AED 1,500.

Flex Elite c

CPI Financial

Ticker Price Volume
EIB Sector Market
P/E
Price/BookValue
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
IHC 399.50 0.00 (0.00%)
FAB 16.50 0.10 (0.60%)
EMIRATESNBD 26.15 0.90 (3.56%)
INVESTB 0.45 0.00 (0.00%)
ADCB 14.84 0.10 (0.67%)
Kuwait Airways, Sri Lankan Airlines strengthen codeshare agreement to expand travel

19/12/2025

In a move to consolidate its global network of destinations and provide diverse travel options to its valued customers, Kuwait Airways has announced the strengthening of its codeshare agreement with

Kuwait Times

Ajman Bank launches digital extension scheme to boost smart services

19/12/2025

Ajman Bank has launched a digital extension to expand its bouquet of smart, customer-centric banking services.

The Digital Extension has been designed to provide customers with seamless acce

Khaleej Times

Tecom Group launches Dh615 million Innovation Hub Phase 4 in Dubai Internet City

19/12/2025

Tecom Group PJSC, the creator of specialised business districts and communities in Dubai, has launched Phase 4 of Innovation Hub in Dubai Internet City to address rising demand for Grade-A office spa

Khaleej Times

Acwa Power in deal to boost $5bn sustainable utility projects across Africa

19/12/2025

Acwa Power, the world's largest private water desalination company, leader in energy transition and first mover into green hydrogen, has signed a co-operation framework with the African Development B

Trade Arabia

Saudia Cargo partners with exports body to boost Kingdom's products globally

19/12/2025

Saudia Cargo and the Saudi Export Development Authority inked a strategic memorandum of understanding, in a move set to accelerate the international reach of non-oil goods.

The agreement, si

Arab News