| UAE Nationals Eligible | Yes |
| Expatriates Eligible | Yes |
| Minimum Age | 0 Years |
| Maximum Age | 18 Years |
| Flat Interest Rate | - Unrestricted Mudaraba. Weighted at 40% vs. adult’s 20%. Historically ~1.2% p.a. for Q2/Q3 2024, not guaranteed. Credited quarterly. Encourages saving habits for minors. Guardian control until age 18. |
| Interest Payment Frequency | Quarterly |
| Islamic Banking | Yes |
| Minimum Balance Requirement | AED 0.00 |
| Below Minimum Fee | AED 0.00 |
| Early Closure Fee | AED 0.00 |
| Supported Currencies | AED |
| Negative Balance Interest | 0.00% |
| Prize Draw | No |
| Cashback Rewards | No |
| Lounge Access | No |
| Requires Regular Deposits | No |
| Regular Deposits Details | Managed by parent/guardian until the child reaches 18. No mandatory monthly deposit required but encourages saving early. |
| Joint Account Allowed | No |
| Minor Allowed | Yes |
| savings_accounts.can_open_online | Yes |
| Mobile Banking | Yes |
| Debit Card | Yes |
| Cheque Book | No |
| 24/7 Support | Yes |
| Sustainability Incentives | No |
| Goal-Based Savings | No |
