Ajman Bank Millionaire Account

Ajman Bank

Islamic Savings (Mudarabah) with Prize Draws

Ajman Bank logo
UAE Nationals Eligible Yes
Expatriates Eligible Yes
Minimum Age 18 Years
Flat Interest Rate - Profit under Mudarabah credited quarterly; chance to win cash prizes from bank’s own funds
Interest Payment Frequency Quarterly
Islamic Banking Yes
Minimum Balance Requirement AED 3,000.00
Below Minimum Fee AED 25.00
Early Closure Fee AED 100.00
Supported Currencies AED
Prize Draw Yes
Prize Frequency Monthly / special draws
Minimum Balance for Prize AED 10,000.00
Cashback Rewards No
Lounge Access No
Requires Regular Deposits No
Joint Account Allowed Yes
Minor Allowed No
savings_accounts.can_open_online No
Required Documents
  • Emirates ID
  • Passport
  • Proof of residency
Mobile Banking Yes
Debit Card Yes
Cheque Book No
24/7 Support Yes
Sustainability Incentives No
Goal-Based Savings No

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