A distinctive profit-bearing product that allows you to invest in your future for yourself and your family. Profits are generated and distributed from the common Murdaraba pool, which is a joint investment pool between depositors and shareholders.
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Benefits
Available in AED and USD
Flexible deposit tenure periods
Online banking to view, manage and conduct transactions at your convenience
Phone banking giving you anytime, anywhere access to your accounts
SMS account updates for charge card balances and other transactions
Eligibility
Minimum balance requirements of AED 10,000
Available to individuals, joint accounts and can also be opened for minors
Available for businesses including sole proprietorships, partnerships as well as Joint Stock and Limited Liability organizations
Documentation Required
Completed Application Form
Original and photocopy of Khulasat Al Qaid or Passport for UAE Nationals
Original and photocopy of passport with valid residence visa for expatriates
