We are committed to provide you with banking solutions that match your beliefs on one hand and are rewarding on the other.
Our Islamic Bank savings account adheres to Shari'ah principles to meet the customer’s Islamic financial needs. It is designed to give customers flexible access to funds at all times as well as an opportunity to earn a competitive indicative profits. Based on the actual performance of the investment, profit is paid to the customers' accounts on a periodical basis following the concept of 'Mudaraba’ contract with quarterly cycles for profit distribution. It is also one of the best Islamic savings accounts in the UAE.
Account Key Benefits
Account Features
You can process all your transactions account through various channels
Experience exceptional savings with United Arab Bank’s Mudarabah Savings Account. Enjoy competitive profit rates, flexible deposits, and easy access to the service. Your funds will grow in a Sharia-compliant manner, offering you confidence and security in your savings journey. Open your account today to start your journey towards a rewarding financial future. For more details, please call 800474 or visit the nearest UAB branch. Please find the distributed profit rates as below:
2024 | |
---|---|
Q1 | 0.56 |
Q2 | 0.379 |
Q3 | 0.278 |
Q4 |
2023 | |
---|---|
Q1 | 0.25 |
Q2 | 0.68 |
Q3 | 0.336 |
Q4 | 0.55 |
2022 | |
---|---|
Q1 | 0.12 |
Q2 | 1.03 |
Q3 | 1.13 |
Q4 | 0.53 |
2021 | |
---|---|
Q1 | 0% |
Q2 | 0% |
Q3 | 0.32 |
Q4 | 0.116 |
2020 | |
---|---|
Q1 | 0.41 |
Q2 | 0.21 |
Q3 | 0.15 |
Q4 | 0.14 |