Benefits
- This is a Sharia Compliant child savings plan
- Capital guaranteed throughout Mustaqbali plan
- Start with a minimum contribution of AED 250 per month
- Plan term starting from 5 years and up to 18 years
- Option of target savings and attractive expected returns
- Free standing order set-up for monthly contribution
- Deposit amount can be full withdrawn at any time
Fees & Charges
NIL
Interest Rates
- The interest rate applicable as per bank norms
Documents Required
- National ID or valid passport, residence visa and Emirates ID for both contributor and beneficiary
- Signature cards and photographs
Eligibility
- For UAE National or UAE resident
- Account is also for minors
- Minimum monthly deposit of AED 250
Addition Information
- Contribute little monthly savings
- Funds placement in Shariah compliant investments