Is iSave Account Sharia-compliant?

iSave Account: Not classified as Sharia-compliant.

Does iSave Account have a monthly fee?

No — iSave Account has no monthly fee.

Which countries is iSave Account available in?

iSave Account is available in: United Arab Emirates.

Can iSave Account be opened online?

Yes — iSave Account can be opened fully online.

What is the return or profit rate for iSave Account?

The return rate for iSave Account is 246.50%.

iSave Account

Q360 Score83/ 100

Q360 Verified

· Savings Account

Visit First Abu Dhabi Bank website

Best for

No monthly feeFully digital openingDigital-first users

2.465%Profit rate

0 AEDMinimum balance

0 AEDMonthly fee

Qrar360 Decision Brief

What is this product?

A savings account from First Abu Dhabi Bank.

Who it may suit

No monthly fee
Fully digital opening
Digital-first users

Consider if

You want to open digitally

Key facts

A fully digital savings account from First Abu Dhabi Bank with no minimum balance requirement, standard tiered interest starting from approximately 2.465% per annum on lower balance tiers (with time-limited promotional rates advertised separately), and instant digital account opening for existing FAB customers via the mobile app or online banking.

Product TypeSavings Account

Primary CurrencyAED

Sharia StatusNot classified as Sharia-compliant

Product Analysis

Annual profit / interest rate: 2.465%.
Minimum balance required: 0 AED.
No monthly account fee.

Qrar360 Score for this productQ36083

Sources & methodology

Why this score?

Coverage 90% · Confidence 81%

Strongest verified factors

Minimum balance100% · weight 20
Digital account opening100% · weight 20
Monthly fee

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Availability by Country

United Arab EmiratesAvailable

Provided By

This product is provided by . For the institution's licenses and regulatory status, see its profile page.

Sources & verification

✓ Provider identity & licence verified4 facts verified against official sources

Last verified: 9/22/2026

View official source ↗

Verified facts on this page are linked to their official sources.

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Frequently asked questions

Is iSave Account Sharia-compliant?: iSave Account: Not classified as Sharia-compliant.
Does iSave Account have a monthly fee?: No — iSave Account has no monthly fee.
Which countries is iSave Account available in?: iSave Account is available in: United Arab Emirates.
Can iSave Account be opened online?: Yes — iSave Account can be opened fully online.
What is the return or profit rate for iSave Account?: The return rate for iSave Account is 246.50%.

The information shown is based on data available to Qrar360 and may not reflect the institution's latest changes. Please verify with the product's official source before making any financial decision. This content does not constitute financial advice and does not rank or favor any product.