|Minimum Balance Required||Annual Return||Features|
|Emirates Islamic E-Savings Account||Minimum Balance Required: AED 0||Annual Return: 2%||Features: Sharia Compliant, Online Banking|
- It's a Shari'a compliant Wakala based profit bearing account
- You can open the account through online banking
- Ability to make online transfers
- 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