
UAE Nationals Eligible | Yes |
Expatriates Eligible | Yes |
Non-Residents Eligible | Yes |
Minimum Age | 18 Years |
Flat Interest Rate | 0.10% - Profit shared under Mudaraba. Approx. 0.10% expected p.a., plus draws for prizes. |
Interest Payment Frequency | Quarterly |
Islamic Banking | Yes |
Minimum Balance Requirement | AED 3,000.00 |
Below Minimum Fee | AED 26.25 |
Early Closure Fee | AED 105.00 |
Supported Currencies | AED |
Prize Draw | Yes |
Prize Frequency | Monthly |
Minimum Balance for Prize | AED 5,000.00 |
Cashback Rewards | No |
Lounge Access | No |
Requires Regular Deposits | No |
Joint Account Allowed | Yes |
Minor Allowed | No |
savings_accounts.can_open_online | Yes |
Required Documents |
|
Mobile Banking | Yes |
Debit Card | Yes |
Cheque Book | No |
24/7 Support | Yes |
Sustainability Incentives | No |
Goal-Based Savings | No |