UAB Islamic Enhanced Escalator Deposit

• Is a sharia-compliant deposit
• A minimum tenor of 1 year to a maximum of 3 years
• A finance facility available on the deposit
• Flexibility to withdraw at the profit payment date
• Minimum deposit AED 25,000
• Profit Payments done semi-annually

Premature  Closure Charges :

• No penalty if 1 year is completed
• 1% if done within the first year
• No return if done within 1 month of deposit

• Paid based on principle of Wakala

• Not Available

• Need account with UAB

• The convenience of digital banking through UAB online