The Sharia-compliant Call Investment Deposit allows you to earn returns and get easy access to your investments. Simply give us two working days notice and gain access without delay.
The Call Investment Deposit Account offers you all the benefits of a fixed-term account but with easy access to your investment.
| Minimum Amount | Fee |
|---|---|
| AED 3,000 | AED 25 |
| USD 10,000 | USD 15 |
| EUR 10,000 | EUR 15 |
| GBP 10,000 | GBP 15 |
Profit is calculated and declared on a quarterly basis and based on the Mudaraba principle.
Terms and conditions apply.
In line with the UAE’s Value Added Tax (VAT) implementation from 1 January 2018, VAT at the rate of 5% will be levied on fees and charges specified herein, wherever applicable and as per UAE law.
| Currency | Charge (% p.a.) |
|---|---|
| GBP | none |
| JPY | -0.60 |
| EUR | none |
| CHF | none |
Accounts in these currencies are based on Qard Hassan and not part of Mudaraba.
Foreign currency services are accrued daily and applied monthly.
The Bank may close the account if KYC or identification documents are not updated regularly, or if required as internal policies or upon request of regulatory or judiciary entities.
Chequebooks and debit cards are issued only for AED-denominated accounts.
If a cheque issued on the account is returned, the following may apply:
You are required to:
