RAKBANK Amal Savings Account

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  • Overall
  • Service
  • Products
  • Islamic
This is great for
  • No monthly account fee is applied

The Basics
  • 0.45%

    Profit Rate
    Profit rates are credited quarterly based on that quarters announced rate
  • 3,000

    Min Balance (AED)
    You require a minimum balance of AED 3,000 to open this account
  • Yes

    Currency Account
    This account can be opened in AED USD GBP EUR
  • None

    There are no rewards on this account
  • No

    Relationship Manager
    A Relationship Manager does not form part of the benefits of the account
  • 0.00

    Monthly Fee (AED)
    There is no monthly fee but if the average account balance is below AED 3000 a AED 25 fee applies
  • Transfer; ATM

    Other Fees

Main Benefit
The Amal Savings Account is based on the Islamic principle of Mudaraba. The profit is declared and credited to your account on a quarterly basis. Free Debit Card.

Recent Reviews


Posted by Anjum Raza on 11 Aug 2013

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Latest Reviews for Amal Savings Account

Posted by Anjum Raza on
  • Overall
  • Service
  • Products

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