Hassalati Account

Sharjah Islamic Bank

Prize-linked Islamic

Sharjah Islamic Bank logo
UAE Nationals Eligible Yes
Expatriates Eligible Yes
Non-Residents Eligible Yes
Minimum Age 18 Years
Flat Interest Rate - Mudaraba-based savings with monthly prize draws. No explicit profit details published.
Islamic Banking Yes
Minimum Balance Requirement AED 3,000.00
Below Minimum Fee AED 0.00
Early Closure Fee AED 0.00
Supported Currencies AED
Negative Balance Interest 0.00%
Prize Draw Yes
Prize Frequency Monthly
Minimum Balance for Prize AED 3,000.00
Cashback Rewards No
Lounge Access No
Requires Regular Deposits No
Joint Account Allowed Yes
Minor Allowed Yes
savings_accounts.can_open_online Yes
Required Documents
  • Valid passport
  • Resident visa
  • Emirates ID
  • Proof of income (if applicable)
Mobile Banking Yes
Debit Card Yes
Cheque Book No
24/7 Support Yes
Sustainability Incentives No
Goal-Based Savings No

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