Al Islami Savings Account

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Available

For Minors
Electronic

Banking
Expected Profit-Earning

Account
AED & USD

Currencies

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Unlimited transactions. Competitive expected profits.

Available in AED and USD currencies, your Al Islami Savings Account is expected to provide more returns on your savings, every time.

Unlimited transactions. Competitive expected profits.

Available in AED and USD currencies, your Al Islami Savings Account is expected to provide more returns on your savings, every time.

Expected Profit earning

With competitive expected profit rates, the Al Islami Savings Account gives you the opportunity to earn even more when you maximise your savings.

Quarterly profits are paid into your Al Islami savings account as long as the required criteria is fulfilled and account withdrawals are minimised to one transaction per month.

Banking Privileges

With online and mobile banking solutions guaranteeing account access from anywhere in the world, enjoy a host of benefits such as account opening for minors (with parental/guardian consent), six free teller transactions a month (thereafter charged at AED 10 per), a free first chequebook (thereafter charged at AED 25 per transaction) and more.

You can enjoy the benefits associated with this savings account at no extra cost provided if:

A minimum average balance of AED 3,000 per month is maintained
The account is linked to an Investment Deposit (where the Savings Account is the principal liquidation account for the deposit)
You hold an additional financing product from AlSalama Bank (Auto Finance, Personal Finance or Home Finance) and this savings account is your selected repayment mode
You subscribe to the Al Islami Takaful Savings Program and the contribution is paid from this account
You maintain an Al Islami Private Banking/Wajaha relationship with AlSalama Bank.