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Minimum Balance Required Annual Return Features
Emirates Islamic Child Savings Account Emirates Islamic Child Savings Account Minimum Balance Required: AED 5,000 Annual Return: 0.4% Features: Islamic Finance
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Features:
  • Get AED 100 on Prepaid card as joining offer
  • Get free SMS alerts
  • You have the option to get a free debit or prepaid card
  • Parent or guardian have the option to get Life Takaful cover of up to AED 120,000.
Additional Information
  • This is an Islamic account
  • There is no minimum balance requirement to open this account. But you need to maintain a minimum balance of AED 5,000 to earn profit.
  • 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
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