• 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
  • Search
Mobile Search

FAB Islamic Savings Account

FAB Bank

FAB

Min. Salary

AED

Min. Balance

3000

Interest Rate

1.75%

Non Maintenance Fee

26.25

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 Popup
Self Employed *
Agreement *

Get Upto 20% Cashback

Merchant Logo

Get up to 20% cashback on your favorite fashion, beauty, and lifestyle products at Namshi. Shop top brands online and enjoy instant savings with this exclusive offer!

Coupon Code
Go to Store

Apply Now
Lead Form
Self Employed *
Agreement *

Get Upto 20% Cashback

Merchant Logo

Get up to 20% cashback on your favorite fashion, beauty, and lifestyle products at Namshi. Shop top brands online and enjoy instant savings with this exclusive offer!

Coupon Code
Go to Store