Over 1,000 businesses partner with us for our company services. |Â Ready to register ? | Speak with our Experts |Over 1,000 businesses partner with us for our company services. |Â Ready to register ? | Speak with our Experts |
Table of Contents
Incorporation Details
Fee schedule
| Bank | Bank Assistance Fee | Minimum Initial Deposit |
|---|---|---|
| Emirates Islamic Bank | US$ 1,900 | AED 3,000 |
Overview
- Established in 2004, Emirates Islamic Bank is a leading Shariah-compliant financial institution in the UAE. It offers a wide range of banking products and services tailored to meet the needs of individuals, businesses, and corporations, all in accordance with Islamic banking principles. The bank operates under the supervision of the Central Bank of the UAE and is a subsidiary of Emirates NBD
Services Offered
- Account Types:
- Current Accounts
- Savings Accounts (e.g., Kunooz Millionaire, E-Savings, Investment Savings)
- Fixed Deposits (e.g., Upfront Profit Wakala Deposit, Booster Wakala Deposit)
- Banking Services:
- Debit and Credit Cards
- Online and Mobile Banking via EI+ Mobile App
- Personal, Auto, and Home Finance
- Wealth Management and Investment Services
- Takaful (Islamic Insurance) Products
- Foreign Exchange and Money Transfer Services
- Business and Corporate Banking Solutions
Required Documentation for Bank Account Opening
For Business Accounts:
- Completed Emirates Islamic Account Opening Form
- Valid Trade License
- Certificate of Incorporation
- Memorandum & Articles of Association
- Board Resolution to open and operate the account
- Valid Passports and Emirates IDs of Shareholders and Authorized Signatories
- Proof of Address
For Personal Accounts:
- Completed Emirates Islamic Account Opening Form
- Valid Passport (with UAE residence visa for expatriates)
- Emirates ID
- Proof of Address (e.g., utility bill or tenancy contract)
- Salary Certificate or Employment Letter
Account Opening Summary
Country Reviews
Related Jurisdiction
Follow the right path with the right procedure
STEP 01
Select package and submit KYC documents
STEP 02
Sign application forms and do due diligence requirements
STEP 03
Submit the application and receive corporate documents
STEP 04
Annual registration renewal to keep business in good standing


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