Benefits
- It is a Sharia Compliant savings account
- Free internationally recognized debit card
- Get 2020 bonus Skywards Miles when opening your Islamic banking saving account
- Earn up to 15000 Skywards Miles per quarter
- 50% discount on the annual membership fee for your Skywards Card for the first year
- Earn profits on a quarterly basis
- The account can be opened by an existing customer or a new customer
Fees & Charges
- Account Closure (Within one year)= AED 100
- Non- Emirates Islamic ATM Transactions in UAE- Cash Withdrawal= AED 2
- Non- Emirates Islamic Transactions in UAE- Balance Inquiry / Declined Transaction= AED 1
- Fee for using the ATM outside UAE and GCC= AED 20
Interest Rates
- Profit rate = 0.10%
Documents Required
UAE Nationals:
- A copy of the passport
- Emirates identity card
- Resident visa
- Salary certificate of the applicant
Residents:
- Copy of visa
- Emirates identity card
- Copy of the passport
- Salary certificate issued by the employer
Eligibility
- Maintain a minimum quarterly average balance of AED 5,000
- Skywards Membership
- For UAE nationals and residents of UAE
Addition Information
- To get 2020 Joining Bonus Miles, maintain a monthly average balance of AED 5,000
- Online banking to manage and conduct your account transactions
- Phone banking giving you any time, anywhere access to your accounts
- SMS account updates related to account balance and other transactions
- Free of cost cheque book issuance