|Minimum Balance Required||Annual Return||Features|
|Emirates Islamic Kunooz Savings Account||Minimum Balance Required: AED 3,000||Annual Return: 0.1%||Features: Islamic Finance|
- One grand prize every month: AED 1 million, apartment, Bentley
- Three daily cash prizes of AED 5,000 each
- Every AED 5,000 saved gives you one chance for the monthly grand prize*
- Every AED 1,000 saved gives you one chance for the daily cash prizes*
* Daily draws are held every fortnight, and grand draws are held on the first week of the month. Prizes will be credited into the winners accounts within 2 months from draw date.
- This is an Islamic account
- You require a minimum balance of AED 3000 requirement to open this account without salary transfer. If you transfer your salary (a minimum salary of AED 3,000), there is no minimum balance requirement.
- Profits generated and distributed from the common Mudaraba pool (joint investment pool between the depositors and shareholders). Profit accrued on a quarterly basis.
- This account can be opened in AED only
- Completed Application Form
- Original and photocopy of Khulasat Al Qaid or Passport for UAE Nationals
- Original and photocopy of passport with valid residence visa for expatriates