Benefits
- This is a Sharia Compliant Account
- Combined benefits of a Savings and Current Account
- Complementary debit card and cheque book
- Profit bearing account
- Account can be opened with AED 10,000
- 24-hour access to your account with Online Banking
Fees & Charges
- Account Closure (Within one year)= AED 100
- Non-Ajman Bank ATM Transactions in UAE- Cash Withdrawal= AED 2
- Non-Ajman Bank Transactions in UAE – Balance Inquiry / Declined Transaction= AED 1
- Fee for using the ATM outside UAE and GCC= As per host country OR AED 20 (whichever is higher)
Interest Rates
- Profit Rate = 0.18%
- Account will be part of Mudaraba pool
Documents Required
- Duly filled and signed Account Opening Form and Terms and Conditions (T&Cs)
- Original and Copy of Emirates ID for UAE Nationals and Expatriates
- Original and Copy of Passport with VISA page for Expatriates
- Salary Certificate is required if the account is used as a Salary Transfer account
Eligibility
- Minimum average balance per quarter of AED 10,000 should be maintained to earn profit
- Opened with AED 10,000 or more
Addition Information
- Minimum average balance per quarter of AED 10,000 to be eligible to earn profit
- Account can be used as a salary transfer or a regular checking account
- Fee of AED 25 for not maintaining the minimum required balance account