Benefits
- This is a Sharia Compliant term investment account
- Deposit starting from AED 5,000
- Flexible tenures of 1, 3, 6, 9 and 12 months available
- Monthly profit distribution
- Auto rollover options at maturity
Fees & Charges
- Premature Closure Charges = No
Interest Rates
- For AED and 12 month duration:
- 5K-100K = 0.75%
- > 100K-500K = 0.80%
- > 500K-1M = 0.85%
- > 1M-10M = 0.90%
- > 10M = 0.94%
Documents Required
- Filled form
Eligibility
- Available to UAE nationals, residents and non-residents
- A minimum investment of AED 5,000 is required
Addition Information
- Existing customers can book term investment deposit online
- Open account through contact centre or visit at bank’s closest branch
- Free Internet, Mobile, SMS & 24/7 Automated Banking facilities