
UAE Nationals Eligible | Yes |
Expatriates Eligible | Yes |
Minimum Age | 0 Years |
Maximum Age | 17 Years |
Flat Interest Rate | - Expected profit distributed under Mudaraba; variable rate declared quarterly. |
Interest Payment Frequency | Quarterly |
Islamic Banking | Yes |
Minimum Balance Requirement | AED 0.00 |
Below Minimum Fee | AED 0.00 |
Early Closure Fee | AED 105.00 |
Supported Currencies | AED |
Prize Draw | No |
Cashback Rewards | No |
Lounge Access | No |
Requires Regular Deposits | No |
Joint Account Allowed | No |
Minor Allowed | Yes |
savings_accounts.can_open_online | No |
Required Documents |
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Mobile Banking | Yes |
Debit Card | No |
Cheque Book | No |
24/7 Support | Yes |
Sustainability Incentives | No |
Goal-Based Savings | No |