DIB Retail Wakala – AED Dubai Islamic Bank Min. Deposit 25,000 AED Interest Rate 0% Choice of Terms 1 to 24 months Features Internet Banking Islamic Banking Joint Account Possible Mobile Banking No Salary Transfer Premature withdrawals Sharia Compliant Dubai Islamic Bank Retail Wakala – AED is a Sharia Compliant Wakala Deposit Account. Flexible deposit terms, option of reinvesting, zero maintenance fees, higher expected interest rates. Apply Now Benefits This is a Sharia Compliant Wakala Deposit Account Can be opened for minors Flexible deposit terms of 1, 3, 6, 9, 12 and 24 months Option of reinvesting your investment amount Zero maintenance fees Deposit available in AED only Minimum deposit of AED 25,000 Fees & Charges NIL Interest Rates Higher interest rate applicable, as per Dubai Islamic Bank norms Documents Required A copy of the passport Emirates identity card Resident visa Salary certificate of the applicant Completely filled account opening form also needs to be submitted Eligibility For UAE National or UAE resident Account can also be opened for minors Investments starting with AED 25,000 Addition Information Premature Closure Charges applicable No hidden fees levied Apply Now