The FAB Elite Islamic Current Account is a sharia compliant premium current account designed for elite customers with higher salary scales and for those who can maintain a high account balance. The account offers interesting features and rewards.
Fee for using the ATM outside UAE and GCC = 1% of the transaction amount + scheme charges
Interest Rates
Not applicable
Documents Required
Copy of a valid passport and Emirates ID (originals must also be presented)
Copy of a valid UAE residence visa (for expatriates, original must also be presented)
Salary certificate addressed to FAB (issued within the last 30 days)
Eligibility
Minimum monthly salary transfer of AED 50,000 or an initial deposit of minimum AED 100,000 (balance in the account will have to be increased to AED 500,000 within the first six months) or a portfolio of mortgage finances above AED 5 million
Salaried and non-salaried customers
Applicant must be a UAE resident
Addition Information
A host of benefits linked to your Elite Islamic World Mastercard debit card