The Easy Saver from Mashreq Al Islami gives you the ideal combination of flexibility and ease of operation. Based on the Mudarabah principle, you can enjoy earning returns on profit-sharing
If you are already a Mashreq Al Islami customer you can take advantage of our convenient online banking services to open your Easy Saver account instantly.
- Available in AED and USD
- No minimum balance requirement or monthly fee
- Unlimited free online account-to-account money transfers within Mashreq*
- With no Debit card, there is less temptation to withdraw your hard-earned savings
- Profit as per the Mudarabah Pool rates
- Profit Payment on a quarterly basis
Profit Distribution Weightages
Click here to view Profit Rates 2019
- Instant account setup with One click account opening for existing current / savings account holders through Mashreq Islami Online
- Open up to 10 free easy saver accounts through Mashreq Islami Online and Personalize each one of them with the nick name feature **
- You can now choose to save automatically on the Easy Saver account with the help of a Standing Instruction
* Enjoy the flexibility of 1 Debit Transaction from your Easy Saver Account in a month without impacting the profit payment for that month. If you do more than 1 Debit Transaction within a month, then profit for that month is forfeited and will not be credited to your account. Standing Order, Finance recovery, Utility Payments & Card Payments are not considered while calculating the number of monthly Debit Transactions.
** Withdrawal from one Easy Saver will not affect profit on the other Easy Savers.
- Minimum monthly Income of AED 5,000
- UAE residence visa holders
- Non-residents on a visit or transit visa
- Application form
- Valid Passport with residence visa page for Expatriates/Emirates I.D
- In case of non-residents, a 2 month bank statement from country of residence
Mashreq Salaam Rewards
Easily earn points for all your Islamic retail banking solutions such as Savings Accounts, Term Investments, Home/Auto and Personal Finance, and also on Mashreq Debit cards