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CBD Al Islami Mudaraba Investment Deposit

CBD_Account

CBD

Min. Deposit

10,000 AED

Interest Rate

1.23%

Choice of Terms

1 month to 12 months

Features

Internet Banking
Islamic Banking
Mobile Banking
Multiple Currencies
No Salary Transfer
Premature withdrawals
Sharia Compliant

CBD Al Islami Mudaraba Investment Deposit is a Sharia Compliant Investment Deposit Account. Minimum deposit of AED 10,000, flexible deposit tenures of up to 12 months, auto renewal facility.

Apply Now

Benefits

  • This is a Sharia Compliant Investment Deposit Account
  • CBD Reward Points for every dirham spent
  • Deposits starting at AED 10,000
  • Deposit terms of 1, 3, 6, 9, or 12 Months
  • Earned profit is distributed on a quarterly basis
  • Auto renewal facility available
  • Available in UAE Dirhams and US Dollars

Fees & Charges

NIL

Interest Rates

  • Interest rate will change as per bank policy
  • For deposit amounts AED 1 – less than 1 M, up to 1.15% per annum
  • For AED 1M – less than 10M, up to 1.20% per annum
  • For AED 10M – less than 100M, up to 1.23% per annum
  • For 100M and above, up to 0.71% per annum

Documents Required

  • Completed deposit opening form
  • Valid passport, Residence Visa, Emirates ID, or National ID

Eligibility

  • Available to UAE nationals, residents and non-residents
  • Minimum deposit of AED 10,000 or equivalent in US Dollars

Addition Information

  • Premature withdrawal is allowed
  • Free online and mobile banking
Apply Now

Disclaimer: Information found on saverfox.com is provided for illustrative purposes only, rates are subject to change based on your personal circumstances. You should always speak to a trained professional before applying for any financial product

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