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DIB Retail Wakala – AED

Dubai Islamic Bank

Dubai Islamic Bank

Min. Deposit

25,000 AED

Interest Rate

0%

Choice of Terms

1 to 24 months

Features

Internet Banking
Islamic Banking
Joint Account Possible
Mobile Banking
No Salary Transfer
Premature withdrawals
Sharia Compliant

Dubai Islamic Bank Retail Wakala – AED is a Sharia Compliant Wakala Deposit Account. Flexible deposit terms, option of reinvesting, zero maintenance fees, higher expected interest rates.

Apply Now

Benefits

  • This is a Sharia Compliant Wakala Deposit Account
  • Can be opened for minors
  • Flexible deposit terms of 1, 3, 6, 9, 12 and 24 months
  • Option of reinvesting your investment amount
  • Zero maintenance fees
  • Deposit available in AED only
  • Minimum deposit of AED 25,000

Fees & Charges

NIL

Interest Rates

  • Higher interest rate applicable, as per Dubai Islamic Bank norms

Documents Required

  • A copy of the passport
  • Emirates identity card
  • Resident visa
  • Salary certificate of the applicant
  • Completely filled account opening form also needs to be submitted

Eligibility

  • For UAE National or UAE resident
  • Account can also be opened for minors
  • Investments starting with AED 25,000

Addition Information

  • Premature Closure Charges applicable
  • No hidden fees levied
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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