|Minimum Balance Required||Annual Return||Features|
|Emirates Islamic Investment Savings Account||Minimum Balance Required: AED 10,000||Annual Return: 0.3%||Features: Islamic Finance, Phone Banking|
- Get a free Shopping Card/Visa Electron ATM Card.
- This account is available in AED and USD.
- Earn profits generated and distributed from the common Mudaraba pool (joint investment pool between the depositors and shareholders)
- Get phone banking and mobile banking services. Get SMS based banking service allowing you to receive updates on your account and charge card balances and alerts on your transactions on your mobile phone.
- Get internet banking services.
- 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 and USD
- A Relationship Manager does not form part of the benefits of the account
- There is no monthly fee except if balance falls below AED 3,000 then a AED 25 charge will apply.