Emirates Islamic Investment Term Deposit Emirates Islamic Min. Deposit 10,000 Interest Rate 1.5% Choice of Terms 3,6,9,12 to 24 months Features Internet Banking Islamic Banking Joint Account Possible Mobile Banking Multiple Currencies Premature withdrawals Sharia Compliant Emirates Islamic Investment Term Deposit is a Sharia Compliant Term Deposit. Flexible deposit tenures. Profits paid quarterly, avail online & phone banking. Apply Now Benefits This is a Sharia Compliant Term Deposit Flexible deposit tenure periods Profits paid out quarterly Deposit available in AED and USD Online banking to view, manage and conduct transactions Phone banking SMS account updates for card balances and other transactions Fees & Charges Not Applicable Interest Rates High interest rates applicable, as per Emirates Islamic bank norms. Documents Required Need to have saving or current account with bank. Eligibility Available to individuals, joint accounts and can also be opened for minors Available for businesses including sole proprietorships, partnerships, Joint Stock and Limited Liability organizations Minimum balance requirements of AED 10,000 Addition Information Based on the Islamic structure of Mudaraba In case of early withdrawal before the maturity date the prevailing Savings account profit rate shall be applied Apply Now
