• +971 43396923
  • info@motivationbroker.com
  • Bait Al Nahda Building, Unit No- 301 Al Nahda 2, Dubai UAE
  • +971 43396923
  • info@motivationbroker.com
  • Bait Al Nahda Building, Unit No- 301 Al Nahda 2, Dubai UAE
Dubai Islamic Bank – Shaatir Savings Account
Minimum Salary
AED 0
Annual Return
0.65%
Minimum Balance Required
AED 0
Features
Islamic Banking, Sharia Compliant

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Big Savings for Little Ones

Introduce your children to savings with an account tailored just for them, the Shaatir way.

Banking Privileges

Experience easy documentation and higher expected profits, designed specifically for our youngest customers. Enjoy additional benefits such as no maintenance fee, no minimum balance requirement, and 24-hour access to Phone and Online Banking.

Especially for Kids

The Shaatir Account, opened in your child’s name, includes a welcome pack and a Debit card. This card offers a ‘balance enquiry’ facility, making money management fun and educational for your child.

Calculator Definitions

  1. Amount (Principal):The total sum of money borrowed. This is the initial amount loaned to the borrower.
  2. Rate (%):The annual interest rate applied to the borrowed amount. This rate, also known as the Annual Percentage Rate (APR), will be calculated in this example.
  3. Years (Term):The original duration of the loan or financial product, expressed in years.
  4. Effective Monthly Payment:This is the monthly payment amount that includes the principal, interest, fees, and other costs associated with the loan. This comprehensive payment figure is used to calculate the APR.
  5. Calculated Annual Percentage Rate (%):The APR reflects the annual cost of borrowing, including the interest rate plus any additional fees and costs. This comprehensive rate allows for a more accurate comparison of different financial products with varying interest rates and fee structures. The APR may vary between financial institutions.
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