Investment Savings Account

Smarter way to grow your savings securely and reliably

This account is designed for individuals and businesses seeking stable, Shariah-compliant profit returns without locking away their funds.

The Investment Savings Account invests your deposits in Shariah-compliant avenues, offering stable profit rates while keeping your money accessible.

It’s a simple, low-risk and transparent way to build your savings—perfect for future goals, financial reserves, or consistent long-term growth.

Key Benefits

International Debit Card Access

Free internationally recognised debit card, making day-to-day payments simple and convenient.**

Quarterly Indicative Profit Payouts

Indicative profits are paid quarterly, giving you more frequent earnings.

Dual Currency Choice

The account lets you save in AED or USD, offering more flexibility for diverse financial needs.

** Debit Cards are not issued on Foreign Currency accounts. Issued only to Individuals and Sole-Establishments

Eligibility & Requirements

Meet the eligibility criteria below to open the Investment Savings Account and enjoy its full benefits

paymentsMinimum Balance

Minimum balance requirements of AED 3,000

peopleIndividuals & Joint Accounts

Available to individuals, joint accounts and can also be opened for minors

businessBusiness Entities

Available for businesses including sole proprietorships, partnerships as well as Joint Stock and Limited Liability organizations

Frequently Asked Questions

• A Conventional Bank is a financial body which receives money from the depositors against a rate of interest and offers liquidity to borrowers against interest. It operates on an interest-based system and is governed by conventional banking laws.

• An Islamic Bank is a financial body which executes Shariah-compliant commercial contracts like sale, leasing, and construction. It operates on a risk, profit-sharing and trade-based system and is governed by Islamic Banking laws under the supervision of the Internal Shariah Supervision Committee.

• In Conventional Banking, Savings Accounts and Fixed Deposits (FDs) are types of accounts that pay a predetermined interest rate over a predetermined period of time. Depositors in conventional banks receive interest regardless of the bank’s performance.

• In Islamic Banking, depositors earn returns based on the bank’s actual performance. Unlike Conventional Banks, an Islamic Bank acts as an intermediary between the depositor and the party being financed. Islamic banks declare profits monthly under a profit/risk-sharing scheme known as the “Mudaraba or Wakala Scheme”.

• Interest is a fixed return on a specific sum of money invested over a predetermined period of time (not permissible as per Shariah).

• Profit is an undetermined return on a specific sum of money invested over a predetermined period of time. It may vary from month to month depending on the bank’s actual performance (permissible as per Shariah).

Yes, you can link it to your Current or Savings accounts for easy transfers and seamless fund management.

The account is designed for flexible access, so withdrawals can be made without penalties. However, maintaining the minimum balance of AED 3,000 is required to keep the account active.

Ways to Bank

Stay connected with Emirates Islamic through the EI + Mobile Banking App and EI + Online Banking — simple, secure, and Shariah-compliant

Accounts Support

Get the support you need with your existing or new accounts.

All the support you need for your accounts

Key Product Information

Important information for products and services.

Update your Information

Update your financial records and documents quickly.

Manage Accounts

View your Account history and details through different channels.

Smarter way to grow your savings securely and reliably

Key Benefits

International Debit Card Access

Quarterly Indicative Profit Payouts

Dual Currency Choice

Account Benefits

Complimentary Debit Card

Access your money globally

Quarterly Indicative Profit Payouts

Regular income from your savings

Dual-Currency Flexibility (AED & USD)

Save in AED or USD as you prefer

Shariah-Compliant Indicative Profit Structuring (Mudaraba)

Trusted savings aligned with your values

Flexible Access & Digital Banking Services

Manage money anytime, anywhere

Low Minimum Balance Requirement

Affordable entry point for all

Eligibility & Requirements

Meet the eligibility criteria below to open the Investment Savings Account and enjoy its full benefits

paymentsMinimum Balance

peopleIndividuals & Joint Accounts

businessBusiness Entities

Frequently Asked Questions

What is the difference between a Conventional Bank and an Islamic Bank?

What is the difference between a Conventional Bank Savings Account/Fixed Deposit and an Islamic Bank Savings Account/Investment Term Deposit?

What is the difference between deposit interest and deposit profit?

Can I link my Investment Savings Account to other Emirates Islamic accounts?

Are there any fees for early withdrawals?

Are there any fees for early withdrawals?

Can I set up automatic deposits to this account?

Can businesses use this account for multiple branches or subsidiaries?

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Ways to Bank

Accounts Support

Key Product Information

Update your Information

Manage Accounts

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