Especial Child Saving Account

Looking for a bright future and to safeguard your children financially? Do you want to make a future backbone for your kids? AUB Islamic Banking Window provides highest profit rate to financially safeguard your kids.

 

What is the rule for profit & loss?

  • No fixed profit before or at the time of opening an Islamic Saving Account
  • No fixed contract period is required
  • Profit is as per agreed ratio
  • Profit (if any) will be on the monthly average balance after Bank’s quarter
  • Customer can use the received profit after the bank’s profit distribution

Who can open?

  • All children below the age of 18 under the guardian of his/her parents or a legal guardian approved by the competent court.

Required documents:

  • Tazkira (National ID Card) of the child as well as the parents or guardian
  • Latest photograph

What are the benefits of this account?

  • High Halal/permissible profit
  • Transactions are allowed in the account
  • Monthly Account Statement
  • In compliance with Shari’a principles & regulations
  • Interest Free (No Reba)

What extra services are available for this account?

  • SMS Banking
  • Internet Banking
  • ATM Services
  • Bill of Power collection with less time consumption
  • Money Transferee (Inside & Outside the country) fast and safe