A Current Account is designed for managing everyday transactions, offering features like a cheque book, debit cards, and mobile banking. It operates on the Qard principle, aligning with Islamic Shari’a rules. Understanding this account can help you manage daily finances effectively.
Savings Account The Savings Account follows the Mudarabah principle, where profit is earned on deposited amounts. This account supports gradual savings growth while adhering to Islamic banking principles. Knowing how it works can assist in making informed savings decisions.
Wakala Deposit A Wakala Deposit account allows for profit generation on deposits through competitive rates within a Shari’a-compliant work. Learning about this account can help you choose the right option for growing your savings in line with Islamic principles.
If you have specific questions or concerns, please call us on 971 600 5555 22 or email: info@ajmanbank.ae
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