ISLAMIC UNIVERSAL ACCOUNT
UAB’s Islamic Universal Account provides UAE residents earning up to AED 5,000 per month with access to essential everyday banking and payment services through a seamless digital banking experience.
KEY benefits
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⦁ Based on Shari`ah structure of Qard Hasan
⦁ Fully Shari`ah compliant
⦁ Free Debit card
⦁ Designed to promote financial inclusion for customers earning AED 5,000 or less per month.
Key Features
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⦁ Available in UAE Dirhams (AED).
⦁ No minimum balance requirement.
⦁ Free monthly eStatements.
⦁ Domestic and international fund transfers.
How to Manage
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⦁ Free Electronic Banking Services including Phone Banking, Online Banking, ATMs and Cash/Cheque Deposit Machines.
⦁ Free ATM card with 24/7 account access from 18 million+ ATMs worldwide. The UAB ATM card is accepted at over 27 million outlets globally.
⦁ Deposit and withdrawal at all UAB branches.
⦁ Account related SMS/Push notifications.