Emirates Islamic Investment Savings Account
Last Updated on 30 May 2020
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Investment Savings Account
- A minimum balance of AED 3000 is required
- Can access the account in AED and USD
- The account is based on the Islamic structure of Mudaraba
- Provides profit of up to 1.80%
- Provides free debit card
- Provides online banking and phone banking facilities
- Can get SMS alerts on every transaction made on the account
Frequently Asked Questions
⭐ When is the profit provided?
A. The profit is provided quarterly.
⭐ Are there any charges for account closure?
A. Yes. AED 100 is charged for account closure if the account is closed within 12 months of the opening.
⭐ Can organizations get this account?
A. Yes. Both individuals and organizations are eligible.
⭐ How can I open Emirates Islamic Investment Savings Account?
A. You can open Emirates Islamic Investment Savings Account through an online application form
⭐ Who can open Emirates Islamic Investment Savings Account?
A. This account is available for Individuals, Non-individuals & for minors.
⭐ What is the minimum salary required for opening a Emirates Islamic Investment Savings Account?
A. AED 3000 is required as minimum salary for opening Emirates Islamic Investment Savings Account.
⭐ Do we get any debit card on Emirates Islamic Investment Savings Account?
A. Yes. It provides a free international recognized debit card.
⭐ How can we access Emirates Islamic Investment Savings Account?
A. We can access the Investment Savings account through online banking, phone banking & SMS service.
⭐ In which currency Emirates Islamic Investment Savings Account is available?
A. This account is available in AED & USD currencies.
⭐ Is this account available for businesses?
A. Yes, businesses that include proprietorships, partnerships, joint-stock & limited liability organizations.
⭐ Do we get any SMS alert on doing transactions with Emirates Islamic Investment Savings Account?
A. Yes, we can get a free SMS alert on performing transactions on this account.
⭐ How much profit rate do we get on Emirates Islamic Investment Deposit?
A. We get up to 1.8% profit rate on a quarterly basis on Emirates Islamic Investment Deposit.
In order to deliver high standards of banking services, Emirates Islamic Bank was established in the year 2004. The bank is aimed to deliver services in accordance with the standards of Shariah principles. It offers a wide range of products that are designed exclusively for individuals, small businesses and large corporations.
Get in touch with Emirates Islamic Customer Care