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:
Benefit from a swift approval for your Personal Finance. You’ll have your finance issued within days of submitting your request, subject to conditions.
Plus, you’ll also receive a free Islamic Debit Card and personalised chequebook upon registration.
We keep our documentation, due diligence and processing fees at a low rate of 1% of the finance amount (minimum AED 500 and maximum AED 2,500), payable when the finance is issued.
You can benefit from the exceptional Islamic terms even on your existing finance from other providers. We’ll close your existing finance and top up your Islamic Personal Finance amount. No minimum balance required.
You can benefit from this service after 6 months of regular payments.
