Credit Cards in the United Arab Emirates

Islamic law prohibits usury and the charging or payment of interest, with credit cards theoretically thus being outlawed in the country. However, the review period saw the ongoing emergence of Sharia-compliant credit cards. These cards operate in a number of different ways but most frequently through the bank purchasing the item that the cardholder wishes to buy and then selling it back to the cardholder at a higher price, with this price then repaid in instalments. Other cards require the...

Euromonitor International's Credit Card Transactions in United Arab Emirates report establishes the size and structure of the market for ATMs cards, smart cards, credit cards, debit cards, charge cards, pre-paid cards and store cards. It looks at key players in the market (issuers and operators), number of cards in circulation, numbers transactions and value of transactions. It offers strategic analysis of sector forecasts and trends to watch.

Product coverage: Commercial Credit Card Transactions, Personal Credit Card Transactions.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

• Get a detailed picture of the Credit Card Transactions market;
• Pinpoint growth sectors and identify factors driving change;
• Understand the competitive environment, the market’s major players and leading brands;
• Use five-year forecasts to assess how the market is predicted to develop.

Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.

Contents

Headlines
Trends
Competitive Landscape
Prospects
Category Data
Table 1 Credit Cards Category Performance: 2006-2011
Table 2 Credit Cards Category Performance: Number of Cards in Circulation 2006-2011
Table 3 Credit Cards Category Performance: % Growth 2006-2011
Table 4 Credit Cards in Circulation Category Performance: % Growth 2006-2011
Table 5 Personal Credit Cards Category Performance: 2006-2011
Table 6 Personal Credit Cards Category Performance: Number of Cards in Circulation 2006-2011
Table 7 Personal Credit Cards Category Performance: % Growth 2006-2011
Table 8 Personal Credit Cards in Circulation Category Performance: % Growth 2006-2011
Table 9 Commercial Credit Cards Category Performance: 2006-2011
Table 10 Commercial Credit Cards Category Performance: Number of Cards in Circulation 2006-2011
Table 11 Commercial Credit Cards Category Performance: % Growth 2006-2011
Table 12 Commercial Credit Cards in Circulation Category Performance: % Growth 2006-2011
Table 13 Credit Cards: Number of Cards by Issuer 2006-2010
Table 14 Credit Cards: Number of Cards by Operator 2006-2010
Table 15 Credit Cards Payment Transaction Value by Issuer 2006-2010
Table 16 Credit Cards Payment Transaction Value by Operator 2006-2010
Table 17 Personal Credit Cards: Number of Cards by Issuer 2006-2010
Table 18 Personal Credit Cards: Number of Cards by Operator 2006-2010
Table 19 Personal Credit Cards Payment Transaction Value by Issuer 2006-2010
Table 20 Personal Credit Cards Payment Transaction Value by Operator 2006-2010
Table 21 Commercial Credit Cards: Number of Cards by Issuer 2006-2010
Table 22 Commercial Credit Cards: Number of Cards by Operator 2006-2010
Table 23 Commercial Credit Cards Payment Transaction Value by Issuer 2006-2010
Table 24 Commercial Credit Cards Payment Transaction Value by Operator 2006-2010
Table 25 Credit Cards Forecast Category Performance: 2011-2016
Table 26 Credit Cards Forecast Category Performance: Number of Cards in Circulation 2011-2016
Table 27 Credit Cards Forecast Category Performance: % Growth 2011-2016
Table 28 Credit Cards in Circulation Forecast Category Performance: % Growth 2011-2016
Table 29 Personal Credit Cards Forecast Category Performance: 2011-2016
Table 30 Personal Credit Cards Forecast Category Performance: Number of Cards in Circulation 2011-2016
Table 31 Personal Credit Cards Forecast Category Performance: % Growth 2011-2016
Table 32 Personal Credit Cards in Circulation Forecast Category Performance: % Growth 2011-2016
Table 33 Commercial Credit Cards Forecast Category Performance: 2011-2016
Table 34 Commercial Credit Cards Forecast Category Performance: Number of Cards in Circulation 2011-2016
Table 35 Commercial Credit Cards Forecast Category Performance: % Growth 2011-2016
Table 36 Commercial Credit Cards in Circulation Forecast Category Performance: % Growth 2011-2016
Abu Dhabi Commercial Bank in Financial Cards and Payments (united Arab Emirates)
Strategic Direction
Key Facts
Summary 1 Abu Dhabi Commercial Bank: Key Facts
Summary 2 Abu Dhabi Commercial Bank: Operational Indicators
Company Background
Competitive Positioning
Summary 3 Abu Dhabi Commercial Bank: Competitive Position 2011
Dubai Islamic Bank in Financial Cards and Payments (united Arab Emirates)
Strategic Direction
Key Facts
Summary 4 Dubai Islamic Bank: Key Facts
Summary 5 Dubai Islamic Bank: Operational Indicators
Company Background
Competitive Positioning
Summary 6 Dubai Islamic Bank: Competitive Position 2011
Emirates Nbd in Financial Cards and Payments (united Arab Emirates)
Strategic Direction
Key Facts
Summary 7 Emirates NBD: Key Facts
Summary 8 Emirates NBD: Operational Indicators
Company Background
Competitive Positioning
Summary 9 Emirates NBD: Competitive Position 2011
Mashreq Bank in Financial Cards and Payments (united Arab Emirates)
Strategic Direction
Key Facts
Summary 10 Mashreq Bank: Key Facts
Summary 11 Mashreq Bank: Operational Indicators
Company Background
Competitive Positioning
Summary 12 Mashreq Bank: Competitive Position 2011
Executive Summary
Rapid Growth As Consumers Continue To Move From Cash To Financial Cards
Sharia-compliant Rewards Cards Attract Consumers' Attention
Emirates Nbd Retains Convincing Lead While Shares Consolidate
Mobi Payments Launched on Trial Basis
Strong Growth As Financial Cards Move Further Into the Mainstream
Key Trends and Developments
Banks Use Education Campaigns and Promotions To Take on Cash Culture
Improvements in Infrastructure Encourage Use of Financial Cards
Sharp Rise in M-commerce But Mainstream Awareness Remains Low
Concerns Remain About Credit Cards and Sharia-compliance
Market Indicators
Table 37 Number of POS Terminals 2006-2011
Table 38 Number of ATMs 2006-2011
Table 39 Value Lost to Fraud 2006-2011
Table 40 Card Expenditure by Location 2011
Table 41 Card Expenditure by Category 2011
Table 42 Financial Cards in Circulation by Type: % Number of Cards 2006-2011
Table 43 Domestic versus Foreign Spend 2011
Market Data
Table 44 Consumer Payments: Value 2006-2011
Table 45 Consumer Payments: Number of Transactions 2006-2011
Table 46 Financial Cards: Number of Cards in Circulation 2006-2011
Table 47 Financial Cards Transactions: Value 2006-2011
Table 48 Financial Cards: Number of Transactions 2006-2011
Table 49 Financial Cards: Number of Accounts 2006-2011
Table 50 Financial Cards: Number of Cards by Issuer 2006-2010
Table 51 Financial Cards: Number of Cards by Operator 2006-2010
Table 52 Financial Cards: Card Payment Transaction Value by Operator 2006-2010
Table 53 Financial Cards: Card Payment Transaction Value by Issuer 2006-2010
Table 54 Consumer Payments Forecast: Value 2011-2016
Table 55 Consumer Payments Forecast: Number of Transactions 2011-2016
Table 56 Financial Cards Forecast: Number of Cards in Circulation 2011-2016
Table 57 Financial Cards Forecast: Value 2011-2016
Table 58 Financial Cards Forecast: Number of Transactions 2011-2016
Table 59 Financial Cards Forecast: Number of Accounts 2011-2016
Definitions
Summary 13 Research Sources Skip to top