Elite Islamic Savings Account

Features

• No minimum balance requirement
• One international and four free local fund transfers per month
• Free and unlimited cash withdrawals at a FAB ATM in the UAE
• Free Elite Islamic World Mastercard debit card with a host of great features
• No minimum balance requirements
• Available in AED and other major currencies

Eligibility

• Minimum monthly salary transfer of  AED 50,000 or an initial deposit of minimum AED 100,000 (balance in the account will have to be increased to AED 500,000 within the first six months) or a portfolio of mortgage finances above AED 5 million
• Applicable for UAE residents
• Salaried and non-salaried

Required documents

• Copy of a valid passport and Emirates ID (originals must also be presented)
• Copy of a valid UAE residence visa (for expatriates, original must also be presented)
• Salary certificate addressed to FAB (issued within the last 30 days)

Terms and conditions apply
Features are subject to alteration/cancellation
Eligibility criteria are subject to change from time to time