Sharjah Islamic Bank
Sharjah
https://www.sharjahislamic.ae
Sharjah Islamic Bank Personal Deposit Accounts
Secure and grow your savings with Sharjah Islamic Bank's Personal Deposit Accounts. Enjoy competitive interest rates, flexible terms, and the peace of mind that comes with our reliable banking services.
Minimum Deposit:
AED 10,000.00
Tenure:
30 - 365 days
Interest Rate:
2.5%
Payment Frequency:
Monthly
Early Withdrawal Penalty:
Profit recalculated at a lower rate if withdrawn early. No profit if withdrawn before 6 months.
Islamic Deposit:
Yes
Features:
Sharia-compliant Mudarabah-based deposit. Offers financing up to 80% of deposit value.
Minimum Deposit:
AED 10,000.00
Tenure:
540 - 1080 days
Interest Rate:
3%
Payment Frequency:
Monthly
Early Withdrawal Penalty:
Lower profit applied if withdrawn before maturity.
Islamic Deposit:
Yes
Features:
Wakala-based deposit with higher expected profit rates. Financing up to 90% of deposit amount.
Minimum Deposit:
AED 200,000.00
Tenure:
720 - 1080 days
Interest Rate:
3.25%
Payment Frequency:
Monthly, Quarterly, Annually
Early Withdrawal Penalty:
No profit paid if withdrawn within 6 months. After 6 months, 25% of accrued profit is paid.
Islamic Deposit:
Yes
Features:
Financing up to 70% of deposit value. Profits are distributed on a monthly, quarterly, or annual basis.
