UAB Islamic Current Account United Arab Bank Min. Salary 5000 AED Min. Balance 3000 Non Maintenance Fee 25 Currencies AED, USD, EUR, GBPFeatures Conventional Banking Free Cheque Book Free Debit Card Internet Banking Joint Account Possible Mobile Banking Multiple Currencies Sharia CompliantUnited Arab Bank Islamic Current Account is Shariah-compliant Islamic banking account that can be opened individually or jointly. Apply NowBenefitsA complimentary international Visa debit card to access funds at over 18 million ATMs 27 million shopping outlets across the globe.Zero minimum balance required for salary transfer accountsThe account can be opened in multiple international currencies including AED, USD, Euro, and GBP.A personalized cheque book facilityFree cheque bookFree monthly account statements.Free and secure e-banking services through online banking, phone banking, ATMs, cash/cheque deposit machinesFees & ChargesAccount Closure (Within one year) = AED 100 (Individual)Non- UAB ATM Transactions in UAE- Cash Withdrawal = AED 2 per transactionNon- UAB Transactions in UAE – Balance Inquiry / Declined Transaction= AED 1 /AED 2 per transactionFee for using the ATM outside UAE and GCC = AED 10 per transactionInterest RatesA non-profit paying account.Documents RequiredA duly filled and signed in application form.A copy of valid passportA copy of valid Resident visaEmirates IDEligibilityIndividuals above the age of 21 yearsMust be a resident of UAEAddition InformationBased on the Shari’ah concept of Wadei’ahThe debit card can be used at all UAB and UAE SWITCH ATMs.Both withdrawals and deposits into the account can be made in all UAB branches.SMS alerts for account updates and transactions.The Current Account provides access to other UAB products including credit cards, overdraft, loans, and cash-secured facilities.A minimum monthly average balance of AED 3,000 is required for non-salary transfer accounts.A ledger fee of AED 25 per month will be charged if the minimum balance is not maintained.No overdraft facility is available. Apply Now
