El Nilein Bank
Abu Dhabi, UAE
https://www.elnileinbank.com
El Nilein Bank
Branches
El Nilein Bank
Al Danah - Zone 1 - Abu Dhabi
Personal
Deposits
Minimum Deposit:
AED 10,000.00
Tenure:
365 - 1095 days
Interest Rate:
4%
Payment Frequency:
On Maturity
Early Withdrawal Penalty:
If withdrawn before 30 days, no profit is paid. If withdrawn before full tenure, profit is recalculated based on applicable weightages and a 1% reduction is applied.
Islamic Deposit:
Yes
Features:
Unrestricted Mudaraba contract. Deposits are pooled into Sharia-compliant investments, with weightages determining profit distribution.
Car Loans
Interest Rate:
Maximum Loan Amount:
Loan Tenure:
60 months
Loan-to-Value (LTV):
%
Features:
Sharia-compliant Murabaha financing; Quick approval process; Covers new and pre-owned vehicles
