Ajman Bank
Ajman
https://www.ajmanbank.ae
About Ajman Bank
Ajman Bank, an award-winning Islamic financial services institution, is dedicated to revolutionizing the Islamic banking experience. The bank was officially incorporated as a Public Joint Stock Company on 14 May 2008. It was the first Islamic bank established in Ajman in 2007, and its shares were subsequently listed on the Dubai Financial Market. Ajman Bank's primary commitment is to provide a full range of banking products and services that adhere to Shari'ah principles, making it a valuable contributor to the UAE's banking sector.Services and Operations
Ajman Bank offers a comprehensive array of banking products and services in the United Arab Emirates, Gulf countries, and even on an international scale. These services include various banking, financing, and investing opportunities that are all in compliance with Shari'ah principles. The bank's operations essentially span across a broad range of value-driven and responsible banking and financial services. Ajman Bank is renowned for its commitment to providing products and services that meet the diverse needs of its customers while also contributing to the overall development of the Islamic finance industry.Global Presence
Though Ajman Bank is a UAE-based institution, it has a significant presence in various Gulf countries and internationally. This global presence is demonstrated by its diverse portfolio of products and services that cater to customers beyond the UAE. Furthermore, the bank's listing on the Dubai Financial Market also indicates its broader reach and recognition in the global finance and banking industry. Ajman Bank's continuing growth and expansion are testament to its commitment to transforming the experience of Islamic banking worldwide.Branches
Ajman Bank - Sheikh Zayed Road
Ground Floor, Eiffel Boulevard Limited Building(EIFFEL - 2 - Sheikh Zayed Rd - Dubai
Ajman Bank - Main Branch
Al Ettehad Street, Next to Etisalat Building, Mushairef - Ajman
Ajman Bank Ajman Free Zone Branch
Building C1, - Sheikh Rashid Bin Saeed Al Maktoum St - Ajman
Personal
Deposits
Features:
Funds are invested based on unrestricted Mudaraba contract. Auto-renewal option available.
Features:
Bank acts as an agent (Wakeel) to generate returns; anticipated profit is subject to investment performance.
Mortgages
Features:
Profit calculation follows a reducing balance method.
Features:
Subject to project completion milestones.
Car Loans
Features:
Murabaha-based Shariah-compliant auto finance, ownership transfers upon full repayment, finance up to 80% of car value, flexible repayment options.
Features:
50% upfront payment and 50% deferred over 24 months, no profit rate, designed for those preferring structured payments.
Safe Deposit Lockers
Special Features:
Dual key system
Special Features:
Dual key system
Personal Loans
Features:
Funds disbursed directly or via authorized travel partner arrangements
Features:
Financing disbursed to educational institution or student as needed
Savings Accounts
