| Minimum Balance Required | Annual Return | Features | |
|---|---|---|---|
Dubai Islamic Bank - Al Islami Savings Account
|
Minimum Balance Required: AED 3,000 | Annual Return: 0.03% | Features: Islamic Banking, Sharia Compliant |
Unlimited transactions. Competitive expected profits.
Available in AED and other currencies, your Al Islami Savings Account is expected to provide returns on your savings, every time.
Expected Profit earning
With competitive expected profit rates, the Al Islami Savings Account gives you the opportunity to earn even more when you maximize your savings.
With competitive expected profit rates, the Al Islami Savings Account gives you the opportunity to earn even more when you maximize your savings.
Banking Privileges
Bill Payment Facility
** Calculator Definitions
Amount:
The total amount of money borrowed, also referred to as the principal amount.
Rate (%):
This is the annual interest rate on the product which is equivalent to APR, which is going to be calculated in this example.
Years:
This is the original term or length of the product, stated in years.
Effective Monthly Payment:
This is the effective monthly payment, which takes into consideration fees and other costs associated with this product. The effective monthly payment is the basis for the APR calculation.
Calculated Annual Percentage Rate (%):
The Calculated Annual Percentage Rate (APR) is determined using the annual interest rate of the product plus fees and other costs. This rate may differ from bank to bank. APR is useful when comparing two or more products with different interest rates and fee structures.
