FAB Islamic Investment Deposit Account

FAB Bank

FAB

Min. Deposit

10,000 AED

Interest Rate

0%

Choice of Terms

1 to 12 months

Features

Conventional Banking

Internet Banking

Mobile Banking

No Salary Transfer

Sharia Compliant

First Abu Dhabi Bank Islamic Investment Deposit Account is a Sharia Compliant Deposit Account. Withdraw profits at maturity, account available in AED only, investment tenures of 1 to 12 months.

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Benefits

This is a Sharia Compliant Deposit Account
Flexible investment periods ranging from 1 to 12 months
Open an investment deposit from just AED 10,000
Option to withdraw profits at maturity
Re-invest the capital for an additional period
Account available in AED only

Fees & Charges

NIL

Interest Rates

Interest rates applicable on First Abu Dhabi Bank Islamic Investment Deposit Account

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)
Copy of a valid passport for non-residents (original must also be presented)
Duly filled Fixed Deposit application form
Additional documents may be required on a case-by-case basis

Eligibility

Available for UAE nationals, residents and non-residents
Minimum deposit of AED 10,000 is required

Addition Information

Variety of investment options that allow you to invest in funds
Flexible profit-reaping options

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