Open Emirates Islamic Bank Account in the UAE (Easy Steps)

People working, or running their own business in the UAE must have a bank account. With the help of a bank account, you can better manage your finances on a day-to-day basis, such as paying bills, sending or receiving payments to someone, etc. In today’s article, we will tell you how you can open Emirates Islamic bank account online or offline.

Also, Emirates Islamic Bank will discuss with you the types of bank accounts, eligibility and other important matters. Read today’s complete article to open an Emirates Islamic Bank account in UAE and use the account without any hassle.

Eligibility Requirements

Emirates Islamic Bank is the largest Islamic bank in the United Arab Emirates which is mostly used for Islamic law. Opening an Emirates Islamic Bank account in the UAE is a straightforward and hassle-free process. There are a few things to keep in mind before opening an Emirates Islamic Bank account.

To open your account in Emirates Islamic or any bank account in the UAE, you must have an Emirates ID, Proof of Address, Proof of Income, Passport, and Visa (if applicable). Without it, you cannot open a Emirates Islamic bank account in UAE.

Emirates Islamic Bank Accounts Types

Here are some different types of Emirates Islamic bank accounts in the UAE. You can choose an account based on your needs and financial goals. All Emirates Islamic bank account types and their benefits are explained below. You can open an Emirates Islamic account by selecting the bank account per your requirement.

• Current Account: This is the most common Emirates Islamic bank account. Great for day-to-day transactions in your account. In this account, you get a debit card and checkbook. You can withdraw money from ATMs using a debit or credit card, shop at point-of-sale (POS) terminals, and conduct online transactions.

• Midnight Saving Account: Emirates Islamic Midnight Saving Bank Account is specially designed for users who want to earn more profit. Profit on this account is calculated on daily basis and paid on monthly basis.

• Emirates Islamic Savings Account: Emirates Islamic Saving Bank account is for saving and earning interest on some amount. You can make regular deposits in Emirates Islamic Savings Bank Account and grow your savings.

• Future Saving Account: Emirates Islamic Future Saving Account is for those who want to save for their future plans. Interest is also given on this account and it is as per Shariah norms.

• Family Saving Account: The Family Saving account provides a facility for users to save for their family. It has the facility of opening different sub-accounts for different members.

• SME Accounts: SME Accounts is for small and medium businesses that are designed to meet business needs. This includes business finance services, loans and other facilities.

Open Emirates Islamic Bank Account

If you have all the documents mentioned above available and you have selected your preferred account, now you can open your account with the Emirates Islamic Bank online app or by visiting the branch, both methods are described below.

Emirates Islamic bank account can be opened with the help of the 2 methods mentioned above.

Funding Your Account

Emirates Islamic bank account has no minimum deposit limit. But still, if you want to deposit some funds in your account you can do it. It will also help you get your bank account number. Don’t hesitate to receive your ATM card, or checkbook from the bank in 5-7 days.

How to check Emirates Islamic balance online

There are many ways to check Emirates Islamic bank balance, one of which is the online method. After downloading the Emirates Islamic Bank app on your mobile, sign in to the app. After entering the credentials in the app you will receive an OTP on your registered number Enter your OTP in the app. Once the dashboard of the app opens, click on My Cards and check your current balance.

Conclusion

Opening a bank account in the UAE is an easy and convenient process. This will make you feel good about managing your financial life. It will help you to live and earn in UAE and with the help of the app you can check your Emirates Islamic bank balance anywhere.

With the help of all the information given in this article, you can open an Emirates Islamic bank account in a few minutes. If you have any other queries, you can contact the Emirates Islamic bank directly.

FAQs