Watani 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 - Prize-linked savings with monthly draws; no separate profit distribution stated.
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 Yes
Prize Frequency Monthly
Minimum Balance for Prize AED 20,000.00
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

Other Savings Accounts