Savings Account
A savings account is based on the Mudarabah concept, allowing customers to earn profit on their deposited amount.
This type of account allows individuals and businesses to accumulate capital gradually. While profit rates may vary from time to time.
Features and Benefits
- Fully Shariah compliant as per Internal Shariah Supervision Committee and Higher Shariah Authority Instructions.
- Expected quarterly profit rates.
- Free Platinum Debit Card
- Free monthly e-Statements.
- Free access to Ajman Bank Mobile Application and Online Banking
- Available in and other major currencies like, USD, GBP, EURO
Eligibility Criteria
- UAE Nationals, and expatriates
- Applicant age should be above 18
- Minimum balance required to earn profits is 5,000
Required Documents
- Valid Passport, Visa, and Emirates ID
