Benefits
- Exclusively available for UAE nationals
- This is a Sharia Compliant
- Value of each Emirati Al Awwal certificate is AED 1,000
- Certificates are available in AED only
- Chances to win up to AED 3 million in prizes through regular draws
- Profits earned are credited annually to the linked account
- The minimum holding period for monthly draws is 30 days and 90 days for quarterly and annual draws
- Certificates can be purchased on behalf of a minor
Fees & Charges
NIL
Interest Rates
- Profit rate of 0.50% p.a.
Documents Required
- Copy of a valid passport/resident visa/Emirates ID (originals must also be presented)
- Duly filled Fixed Deposit application form
- Additional documents may be required on a case-by-case basis
Eligibility
- For UAE Nationals
- Account for individuals & Minors
Addition Information
- Mega prize of AED 1 million for one winner, per year
- Quarterly prize of AED 200,000 for one winner
- Monthly prizes of AED 5,000 for 20 winners