Benefits
- It is a sharia-compliant account
- A minimum deposit of AED 25,000
- Flexible tenure of 1 to 12 months
- Available in multiple currencies
- Profits are earned monthly and paid on maturity
Fees & Charges
NIL
Interest Rates
- Profits are announced monthly
- Works on the concept of Mudaraba
Documents Required
- For UAE Residents: Passport, Emirates ID, Resident Visa
- For Non-Residents: Passport, Bank Statements, Address proof
Eligibility
- UAE Nationals, Residents, and Non Residents with a minimum age of 18 years
Addition Information
- Online and phone banking for on the go banking