Emirates Islamic teaches children importance of savings through school visits

September 27, 2015

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, held roadshows at various schools in Dubai to educate children on the importance of saving for the future, in partnership with Dubai Educational Zone.

The community initiative is part of Emirates Islamic's strategy to instil a savings culture in the community, and in particular create awareness amongst youth on the importance of savings. The bank launched a Child Savings Account in 2013 for this very purpose.

Seen here in the pictures are Emirates Islamic staff with children from the Al Qeyam Model School for boys in Al Barsha and the Al Ebdaa Model School for Girls in Al Twar.

Emirate Islamic's Child Savings Account promotes saving habits and is free for children. The account offers a higher savings expected rate than the regular savings account and includes a 'hassala' gift plus a complimentary pre-paid card with AED 100 credit. The bank also offers several other family-oriented savings products such as student bundle packages, school fee payment options on credit cards at favourable terms and conditions and life Takaful cover up to AED 120,000 for the parent or guardian with the child as beneficiary, for a maximum of five children.