NBQ Islamic Investment Saving Account

• This is a Sharia Compliant savings account
• Investment starts from minimum of AED 500 with no upper limit
• Investment period is for a quarter
• Investment based on Mudarabah principles

• Account Closure (Within one year) = AED 105
• Non- National Bank of Umm Al Qaiwain ATM Transactions in UAE- Cash Withdrawal = AED 2.10
• Non- National Bank of Umm Al Qaiwain Transactions in UAE- Balance Inquiry / Declined Transaction = AED 2.10
• Fee for using the ATM outside UAE and GCC = As per host country system

• Interest rate applicable, as per bank norms.

For UAE Nationals:

• A copy of the passport
• Emirates identity card
• Resident visa
• Salary certificate of the applicant

For Residents of UAE:

• Copy of visa
• Emirates identity card
• Copy of the passport
• Salary certificate issued by the employer

For Non-residents of UAE:

• Copy of passport
• Copy of valid visit visa
• Applicant’s three-month bank statement with the existing bank
• Introduction letter from an existing Emirates NBD customer
• Utility Bill (Not more than 3 months old)

Also, submit the completely filled Account opening form, Customer information form & investment deposit form

• For UAE residents, UAE expatriates & GCC Nationals not resident in UAE
• Individual accounts can be opened

• Minimum balance of AED 500 is required
• Cash withdrawals through ATMs or over the counter
• Easy access to savings with Online and Mobile banking services