Benefits
- It is a sharia-compliant account with profit-sharing
- Free SIB debit card
- Unlimited deposits and withdrawals at ATMs across UAE.
- Free e-statements that are generated bi-annually.
- Choice of multiple currencies.
Fees & Charges
- Account Closure (Within one year)= AED 105
- Non-SIB ATM Transactions in UAE- Cash Withdrawal = AED 2.10
- Non- SIB Transactions in UAE – Balance Inquiry / Declined Transaction= AED 1.05
- Fee for using the ATM outside UAE and GCC = 1.05% (min AED 31.5)
Interest Rates
- As per bank’s policies
Documents Required
- Valid original passport
- UAE National ID
- Valid UAE residence visa for ex-pats
Eligibility
- Applicants should be over 18 years of age.
Addition Information
- 24/7 phone, mobile, and internet banking.
- Statements are generated every 6 months