IslamicFinance.de

Islamic banks that previously did not allow their cards to be used to make purchases at tobacco-selling stores have now changed their policy, except for one of the capital’s major banks. However, all Islamic banking institutions still do not allow their debit and credit cards to make payments at liquor stores and bars. The capital’s national Islamic bank, Abu Dhabi Islamic Bank (ADIB), has implemented this only this year and is still strictly prohibiting their clients from using their cards at alcohol-serving locations. Meanwhile, other institutions such as Sharjah Islamic Bank (SIB) and Al Hilal Bank have more rigorous policies pertaining to the use of their cards at bars, tobacco-selling facilities and casinos. However, there is a loophole since customers can use the cards in places that serve alcohol but are not registered as bars or liquor stores.