|Minimum Balance Required||Annual Return||Features|
|Emirates Islamic Child Savings Account||Minimum Balance Required: AED 5,000||Annual Return: 0.4%||Features: Islamic Finance|
- 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.
- 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