United Arab Bank Islamic Savings Account

United Arab Bank

Min. Salary

AED

Min. Balance

3000 AED

Interest Rate

Non Maintenance Fee

25 AED

Features

Conventional Banking

Free Debit Card

Internet Banking

Mobile Banking

Multiple Currencies

Sharia Compliant

United Arab Bank Islamic Savings Account provides flexible access to funds and profit earning. It is available in international currencies. It is based on the concept of Mudabara and is Shariah compliant.

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Benefits

Earn profits.
Easy to open with international currencies.
No account opening charges.
It is Shariah compliant.
Get a free ATM card.
Available for individual or joint
Electronic banking services including phone banking, online banking, and ATMs.
Get monthly account statement.

Fees & Charges

Account Closure (Within one year)= AED 100
Non-UAB ATM Transactions in UAE- Cash Withdrawal = AED 2
Non-UAB Transactions in UAE – Balance Inquiry / Declined Transaction= AED 1/ AED 2
Fee for using the ATM outside UAE and GCC = AED 10 + Forex

Interest Rates

As per banks norms

Documents Required

Duly filled form

Eligibility

Individual or joint

Addition Information

The account holder needs to maintain a minimum average monthly balance of AED 3,000.

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