Emirates Islamic Flexi Term Deposit

Emirates Islamic

Min. Deposit

10,000 AED

Interest Rate

0.65%

Choice of Terms

9 months

Features

Internet Banking

Islamic Banking

Mobile Banking

Multiple Currencies

No Salary Transfer

Premature withdrawals

Sharia Compliant

Emirates Islamic Flexi Term Deposit is a Sharia Compliant Term Deposit. Nine months term deposit, profits paid quarterly. Deposits available in AED and USD, option for premature withdrawal.

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Benefits

This is a Sharia Compliant Term Deposit
Term deposit with 9 months tenure
Profits paid out quarterly
Flexibility for premature withdrawal
Deposit available in AED and USD

Fees & Charges

Not Applicable

Interest Rates

For equal or less than AED 100 K = 0.45%
> 100 K – 3.5 M = 0.55%
> 3.5 M – 25 M = 0.65%

Documents Required

Need to have saving or current account with bank

Eligibility

For UAE nationals & UAE residents

Addition Information

For withdrawal between 0-3 months, savings profit rate declared for the concerned quarter
For withdrawal between 3-6 months, savings profit rate for two quarters completed

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