• Credit Cards
    • All Credit Cards
    • AirMiles Credit Card
    • Bill Payment Credit Card
    • Cashback Credit Card
    • Cinema Credit Card
    • Dining Credit Card
    • Fuel Credit Card
    • Grocery Credit Card
    • Islamic Credit Card
    • Lifestyle Credit Card
    • No Annual Fee Credit Card
    • Rewards Credit Card
    • Shopping Credit Card
    • Travel Credit Card
  • Banking
    • All Bank Accounts
    • Current Account
    • Deposit Account
    • Saving Account
  • Loans
    • Car Loans
    • Personal Loan
    • Mortgage
  • Tools
    • Car Calculator
    • Personal Calculator
    • Mortgage Calculator
    • Currency Converter
  • Blogs

FAB Islamic Savings Account

FAB Bank

FAB

Min. Salary

AED

Min. Balance

3000 AED

Interest Rate

1.75%

Non Maintenance Fee

26.25 AED

Features

Free Debit Card
Internet Banking
Islamic Banking
Mobile Banking
Multiple Currencies
Sharia Compliant

The FAB Islamic Savings Account is a sharia-compliant account with a low minimum balance and high profit rate per year.

Apply Now

Benefits

  • Available in AED and other major currencies.
  • Sharia-complaint account.
  • Free Islamic Debit Card.
  • Is available for non-salaried and self-employed individuals.
  • Airport lounge access with no prior booking.
  • For UAE Nationals, every AED 25,000 monthly average balance in Islamic Savings Account gets a chance to enter the Emirati Al Awwal draw with prizes worth AED 3 million.
  • For UAE Nationals, transfer your salary and get up to 5% cash rewards. 
  • For Expats, transfer your salary and get up to 3% cash rewards.

Fees & Charges

  • Account Closure = AED 105
  • Non-FAB ATM Transactions in UAE- Cash Withdrawal = AED 2.1
  • Non- FAB Transactions in UAE – Balance Inquiry / Declined Transaction= AED 1.05
  • Fee for using the ATM outside UAE and GCC =AED 21

Interest Rates

  • Interest Rate up to 1.75% p.a

Documents Required

  • Valid passport
  • Emirates ID
  • UAE Resident Visa for ex-pats

 

Eligibility

  • UAE Nationals, Residents and non-residents, GCC Nationals
  • Salaried, non-salaried, and self-employed can open an account.

Addition Information

  • Cash withdrawals in all ATMs worldwide
  • Cash withdrawals from all ATMs displaying the UAE/GCC Switch logos throughout the GCC and ATM worldwide display the Mastercard/Cirrus logos.
Apply Now

Disclaimer: Information found on saverfox.com is provided for illustrative purposes only, rates are subject to change based on your personal circumstances. You should always speak to a trained professional before applying for any financial product

  • Credit Card
  • Banking Account
  • Car Loans
  • Personal Loan
  • Mortgage
  • Blogs
  • Contact Us
  • About Us
  • Terms and Conditions
  • Privacy Policy
  • Facebook
  • Twitter
  • Instagram
Copyright © 2021 by Saverfox
Apply Now
Loan
Self Employed *
Agreement *

Apply Now
Lead Form
Self Employed *
Agreement *