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Elite Islamic Savings Account

The perfect solution to smart saving

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Features*

The campaign anticipated profit rate of up to 4.50% per year is valid only on new funds for individual customers from 1 May 2023 to 30 June 2025

There is no minimum balance requirement. However, profit distribution will only be paid for accounts with a minimum average balance of AED 3,000 (or its equivalent in the relevant currency) every month

This account is available in AED and other major currencies

The campaign anticipated profit rate of up to of 3.25% per year is valid on new funds for individual customers from 1 July 2022 until 30 April 2023

Elite Islamic Savings Accounts are offered based on the Shariah principle of Mudarabah

Get a free Elite Islamic World Mastercard debit card with a host of great features**

Get airport lounge access across the region (no prior booking required, simply show your Elite Islamic World Mastercard debit card at reception)**

Elite Islamic Savings Account profit rates

Historical profit rates distribution:

Islamic account type & CCY	Profit Rate Distributed (May’22)	Profit Rate Distributed (Jun’22)	Profit Rate Distributed (Jul’22)
Elite Islamic Savings – AED	0.50%	0.50%	0.50%
Elite Islamic Savings – USD	0.50%	0.50%	0.50%
Elite Islamic Savings – EUR	0.50%	0.50%	0.50%

The above are the actual profit distribution rates and are indicative of rates for the current month. Profit distribution rates in future months, if any, may vary
Currently available for an AED currency account only, a special anticipated profit rate of up to 4.50% per year for fresh funds from 1 May 2023 to 30 June 2025
The anticipated profit is distributed on a monthly basis
To view the historical profit rate distribution for previous years, click here

*General Terms & Conditions and Islamic Investment & Savings Account Schedule apply.
**These features are provided by Mastercard. Please visit the Mastercard website for details.
Features and eligibility are subject to change from time to time at the Bank’s sole discretion.