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Dubai Islamic Bank Al Islami Savings Account

Dubai Islamic Bank

Dubai Islamic Bank

Min. Salary

AED

Min. Balance

3000 AED

Interest Rate

0.15%

Non Maintenance Fee

26.25 AED

Features

Free Debit Card
Internet Banking
Islamic Banking
Mobile Banking
Multiple Currencies
Sharia Compliant

The Dubai Islamic Bank Al Islami Savings Account is a sharia-compliant account where you can expect more returns on your savings.

Apply Now

Benefits

  • This is a sharia-compliant account.
  • Available in AED and USD currencies
  • The interest amount is paid quarterly
  • Earn profit , provided the requirements are fulfilled and account withdrawals are minimised to one transaction per month.
  • Get six free teller transactions a month (thereafter charged at AED 10 per)
  • Salary In Advance is available for customers who transfer their salary to their DIB Account
  • Use the savings account to pay your monthly bills.
  • The account can be opened for minors.

Fees & Charges

  • Account Closure (Within one year)= AED 26.25
  • Non-DIB ATM Transactions in UAE- Cash Withdrawal = AED 2
  • Non- DIB Transactions in UAE – Balance Inquiry / Declined Transaction= AED 3/ AED 1
  • Fee for using the ATM outside UAE and GCC = AED 15.75

Interest Rates

  • Profit Rate = 0.15%
  • The interest rate applicable, as disclosed by the Bank on a quarterly basis.

Documents Required

  • Valid Passport
  • Emirates ID
  • Valid Residence Visa for expatriates
  • Proof of address
  • Birth certificate/ passport for minors

Eligibility

  • UAE Nationals or UAE Residents with valid Residence Visa.

Addition Information

  • Access account anywhere using the internet and phone banking.
  • Also the account is linked to an Investment Deposit where the Savings Account is the principal liquidation account for the deposit.
  • If you hold an additional financing product from Dubai Islamic Bank (Auto Finance, Personal Finance or Home Finance) and this savings account is your selected repayment mode.
  • If you subscribe to the Al Islami Takaful Savings Program then the contribution is paid from this account.
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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