Benefits
- It is a Sharia Compliant savings account
- 1 weekly prize of AED 50,000
- 1 quarterly grand prize of AED 1 million
- 1 monthly prize of Tesla Car
- Free internationally recognized debit card
- With every AED 5,000 balance, gets you a chance for the monthly and quarterly grand prize
- Every AED 1,000 saving, gives you a chance to win the weekly cash prizes
Fees & Charges
- Account Closure (Within one year) = AED 100
- Non- Emirates Islamic ATM Transactions in UAE- Cash Withdrawal = AED 2
- Non- Emirates Islamic Transactions in UAE- Balance Inquiry / Declined Transaction = AED 1
- Fee for using the ATM outside UAE and GCC = AED 20
Interest Rates
- Profit Rate = .10%
Documents Required
UAE Nationals:
- A copy of the passport
- Emirates identity card
- Resident visa
- Salary certificate of the applicant
For residents of UAE:
- Copy of visa
- Emirates identity card
- Copy of the passport
- Salary certificate issued by the employe
For Joint Accounts, please bring all original passports and all account holders should be present
Eligibility
- For individuals, joint accounts and can also be opened for minors
- For UAE nationals and residents of UAE
Addition Information
- Minimum balance required is AED 3,000
- Weekly and monthly prize draws will be held during the first week of the succeeding month
- Grand prize draw will be held during the first week of the succeeding quarter
- If you are an existing customer, directly apply for a Kunooz account online