Current Account

Current Account

Our Current Account offers you flexibility of transactions, access to wide distribution network and a host of other benefits in a Sharia'h Compliant way. You can be assured of convenience in day-to-day financial services and the peace of mind, knowing that your funds are placed and managed in a Sharia'h Compliant manner.

Benefits

  • Initial balance of AED 3,000
  • Minimum monthly balance of AED 3,000
  • Up to 6 free teller transactions every month
  • A choice of local and foreign currencies
  • Free cheque book (initial only)
  • Free ATM/Debit chip card
  • Free Quarterly Statement
  • Online banking

How It Works

The bank opens current account for its customers on the Sharia'h principle of "Qard". Customers are not entitled to any share of profit for maintaining a Current Account with us.

"Qard al-hasan is a loan which is returned at the end of the agreed period without any share in the profit or loss of the business".

Fatwas

Click here to view the Fatwas.