Our Shariah-compliant Call Investment Deposit gives you all the benefits of a fixed term account but with easy access to your investment.
Simply give us 2 working days’ notice and gain access to your Account without delay.
Call Investment Deposit Accounts require a minimum investment amount of:
| Currency | Minimum Amount | Fee |
|---|---|---|
| AED | 3,000 | 25 |
| USD | 10,000 | 15 |
| EURO | 10,000 | 15 |
| GBP | 10,000 | 15 |
Effective from 01 September 2022:
| Currency | Profit (% p.a) |
|---|---|
| GBP | 0% |
| JYP | -0.60% |
| EURO | 0% |
| CHF | 0% |
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:
Refer to the table below for the list of currencies and minimum amounts required.
Profit is calculated and declared on a quarterly basis.
The Islamic Call Investment Deposit account is available for individuals and for business entities. So, whether you’re growing your own net worth or your organisation’s, a Call Investment Deposit account will do wonders for your balance.
Accounts in these currencies are based on Qard Hassan and not part of Mudaraba.
Foreign currency services are accrued daily and applied monthly.
Even though you made the decision to place your funds in an investment deposit account doesn’t mean they need to be out of reach.
With a Call Investments Deposit, you can access your funds with just 2 working days’ notice to Islamic.
That way your funds will always be there when you need them.
