#YOUNG Account

Ajman Bank

Islamic Youth Account (Mudarabah)

Ajman Bank logo
UAE Nationals Eligible Yes
Expatriates Eligible Yes
Minimum Age 18 Years
Maximum Age 24 Years
Flat Interest Rate - Profit earned under Mudarabah, typically credited quarterly (conditions vary)
Interest Payment Frequency Quarterly
Islamic Banking Yes
Minimum Balance Requirement AED 500.00
Early Closure Fee AED 100.00
Supported Currencies AED
Prize Draw No
Cashback Rewards No
Lounge Access No
Requires Regular Deposits No
Joint Account Allowed No
Minor Allowed No
savings_accounts.can_open_online No
Required Documents
  • Emirates ID
  • Student ID (if required)
Mobile Banking Yes
Debit Card Yes
Cheque Book No
24/7 Support Yes
Sustainability Incentives No
Goal-Based Savings No

Other Savings Accounts