| Minimum Balance Required | Annual Return | Features | |
|---|---|---|---|
Emirates Islamic Kunooz Savings Account
|
Minimum Balance Required: AED 3,000 | Annual Return: 0.1% | Features: Islamic Account |
AED 3 million. 3 Teslas. 3 months.
Save and win with Kunooz Savings Account
Key Benefits
Cash Prize
weekly Prize of AED 10,000
Grand Prize
1 Monthly Grand Prize of AED 1,000,000
Monthly Prize
1 Monthly Prize of Tesla Car
Debit Card
Free internationally recognized debit card
Features
- Monthly Prize of a Mercedes EQS
- Quarterly Grand Cash Prize of AED 1 Million
- Weekly cash Prize of AED 10,000
Terms & Conditions apply.
Eligibility
- Minimum balance requirements of AED 3,000
- Available to individuals, joint accounts and can also be opened for minors
** Calculator Definitions
Amount:
The total amount of money borrowed, also referred to as the principal amount.
Rate (%):
This is the annual profit 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 profit 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 profit rates and fee structures.
