| Minimum Balance Required | Annual Return | Features | |
|---|---|---|---|
Emirates Islamic E-Savings Account
|
Minimum Balance Required: AED 0 | Annual Return: 2% | Features: Sharia Compliant, Online Banking |
Features:
Additional Information:
- It's a Shari'a compliant Wakala based profit bearing account
- You can open the account through online banking
- Ability to make online transfers
Additional Information:
- This is an Islamic account
- There is no minimum balance requirement to open this account.
- Under Wakala contract, expected profit ranges between 0.75%per annum to 2% per annum and is distributed on minimum average balance and distributed on calendar quarterly basis. Expected profit rates are based on different balance slabs.
- This account can be opened in AED and USD
