Benefits
- This is a Sharia Compliant Investment Deposit Account
- CBD Reward Points for every dirham spent
- Deposits starting at AED 10,000
- Deposit terms of 1, 3, 6, 9, or 12 Months
- Earned profit is distributed on a quarterly basis
- Auto renewal facility available
- Available in UAE Dirhams and US Dollars
Fees & Charges
NIL
Interest Rates
- Interest rate will change as per bank policy
- For deposit amounts AED 1 – less than 1 M, up to 1.15% per annum
- For AED 1M – less than 10M, up to 1.20% per annum
- For AED 10M – less than 100M, up to 1.23% per annum
- For 100M and above, up to 0.71% per annum
Documents Required
- Completed deposit opening form
- Valid passport, Residence Visa, Emirates ID, or National ID
Eligibility
- Available to UAE nationals, residents and non-residents
- Minimum deposit of AED 10,000 or equivalent in US Dollars
Addition Information
- Premature withdrawal is allowed
- Free online and mobile banking