
UAE Nationals Eligible | Yes |
Expatriates Eligible | Yes |
Non-Residents Eligible | Yes |
Minimum Age | 18 Years |
Flat Interest Rate | - Profit is distributed monthly on a Mudaraba basis; must maintain at least AED 3000 to earn profit. |
Interest Payment Frequency | Monthly |
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, USD |
Negative Balance Interest | 0.00% |
Prize Draw | No |
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 |
|
Mobile Banking | Yes |
Debit Card | Yes |
Cheque Book | No |
24/7 Support | Yes |
Sustainability Incentives | No |
Goal-Based Savings | No |