SCAN ME

Islamic Savings Account

Boost your savings
with Islamic savings account's
annual anticipated profit rate

Apply Now

Limited time offer

For UAE Nationals

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

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

Every AED 25,000 monthly average balance in Islamic Savings Account gets a chance to enter the Emirati Al Awwal draw with a mega prize worth AED 1 million

For Expats

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

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

Terms and Conditions - Islamic Savings Account

Features*

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

Minimum required balance is AED 3000. 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

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)
Islamic Savings – AED	0.50%	0.50%	0.50%
Islamic Savings – USD	0.50%	0.50%	0.50%
Islamic Savings – EUR	0.50%	0.50%	0.50%
Islamic Savings – GBP	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