Emirates Islamic Bank Current Account: Open Current Account in UAE

Emirates Islamic Bank Current Account

Emirates Islamic Bank is one of the top Islamic banks in the UAE, offering top-tier Shariah-compliant banking services to individuals and businesses. Since its inception in 2004, the bank has focused on customer-centric solutions based on Murabaha, Ijarah, and Takaful. They ensure that your banking ...read more

With Emirates Islamic Bank Current Account, you can easily enjoy hassle-free daily transactions, free chequebook, debit card services and more. If you want to open a current account with Emirates Islamic Bank, this guide covers all the key details you need.

Features & Benefits of Emirates Islamic Bank Current Account

Take the following advantages with an Emirate Islamic Current bank account:

Access to free international debit cards
Personal checking facilities available for UAE residents
Low minimum balance requirements
If salary is transferred, no minimum balance charges are present.
Get free online banking services to manage your account conveniently
Enjoy phone banking facilities anytime and anywhere
Get free SMS alerts related to transactions and updates
Multiple currencies are available to manage your account, such as AED, USD*, GBP, Euro, Saudi Riyal, Kuwaiti Dinar, Yen, Bahraini Dinar, Canadian Dollar, Qatari Riyal, and Omani Riyal.

*Debit cards and cheque books are not available with Foreign Currency Current Accounts.

Eligibility Criteria to Open Emirates Islamic Bank Account

You need to fulfill the following eligibility criteria to open a current account in Emirates Islamic Bank:

Criteria	Requirements
Minimum balance required	AED 3,000
Minimum salary	AED 5,000
Minimum age	18 years
Nationality	UAE residents

Required Documents to Open Emirates Islamic Bank Current Account

Keep the following documents ready to open a bank account in Emirates Islamic Bank:

For Individuals	For Businesses
Copy of your passport Emirate ID 3 months salary certificate/salary slip/account statement	Emirates Islamic Account opening form Valid original passport and residence visa for sole proprietor/partners Valid Emirates ID for sole proprietor/partners Valid trade license Valid Chamber of Commerce certificate (if applicable) Registration certificate (if applicable) A copy of the partnership deed/agreement certificate (for partnership) Board resolution to open and operate the account (if applicable)

For Individuals

For Businesses

Copy of your passport
Emirate ID
3 months salary certificate/salary slip/account statement

Emirates Islamic Account opening form
Valid original passport and residence visa for sole proprietor/partners
Valid Emirates ID for sole proprietor/partners
Valid trade license
Valid Chamber of Commerce certificate (if applicable)
Registration certificate (if applicable)
A copy of the partnership deed/agreement certificate (for partnership)
Board resolution to open and operate the account (if applicable)

Note: You may need to submit additional documents if required.

How to Open Bank Account in UAE?

Opening a bank account with Policybazaar.ae is quick and easy. Just follow the steps below:-

Step1- Head to the Bank Account section on the Policybazaar.ae page.
Step2- Enter the required details such as your name, salary, email address and more.
Step3- You will get the quote page to open an account in different banks.
Step4- Check the features, eligibility and more, choose one that suits your needs.
Step5- Click on the Apply button and our representative will call you shortly.

Fees and Charges of Emirates Islamic Bank Current Account in

Before opening a current account in Emirates Islamic Bank, you must know the related charges:

Charges	Amount
Fall below fees	AED 26.25 monthly
Teller charges	6 free transactions AED 10.50 per transaction/monthly
Account closing charges (Before 6 months)	AED 105
Utility bill payment	AED 10.5 per transaction
Cheque book charges	AED 26.25 (Free first chequebook)
Cheque photocopy less than 1 year	AED 10.5
Cheque photocopy over 1 year	AED 21
Replacement of lost or stolen debit card	AED 26.25
Balance certificate letter	AED 52.5
No liability certificate	AED 63
Release letter	AED 52.5

Note: Charges may change over a period so, its suggested to check the latest charges from the bank's official page.

Open Current Account in Other UAE's Banks -

Frequently Asked Questions

You need to maintain a minimum balance of AED 3,000 in your Emirates Islamic Current bank account.

To open an account with Emirates Islamic Bank, you must visit your nearest branch and fill out the account opening form, along with the required documents.

Yes, you can easily open a joint account with Emirates Islamic Bank. This account can be operated individually or jointly.

No, you must be at least 18 years old to open a current account in the Emirates Islamic Bank.

Yes, AED 25 will be charged along with applicable VAT for not maintaining a required balance in the Emirates Islamic Current Bank Account.