Sharjah Islamic Bank Hassalati Account

Sharjah Islamic Bank

Min. Salary

AED

Min. Balance

500 AED

Interest Rate

Non Maintenance Fee

26.5 AED

Features

Internet Banking

Islamic Banking

Mobile Banking

Sharia Compliant

The Sharjah Islamic Bank Hasslati Account is an account for children. This savings account teaches the young ones the benefits of savings at an early age.

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Benefits

Sharia-compliant savings account
This account is meant for kids under 18 years.
Low minimum balance maintenance
Monthly profits on savings
Minimum monthly balance of AED 500
Standing instructions from the parent’s account.

Fees & Charges

Account Closure (Within one year)= AED 105

Interest Rates

As per bank’s policies

Documents Required

Guardian’s Emirates ID
Child’s Emirates ID
Father’s/Child’s original passport
Child’s Birth Certificate
Child’s original passport

Eligibility

UAE Resident or National under the age of 18 years.

Addition Information

SMS alerts on transactions
Free statements generated every 6 months

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