Ajman Bank - Bank Products and Services:
Ajman Bank abides by the Shariah principles to provide superior banking solutions. Save and manage your money with the most convenient and riba free solutions at Ajman Bank!
- Current account solutions are shariah-compliant and aim to provide excellent banking services
- Get a free MasterCard debit card with your current account membership
- Current Account services are available in UAE dirham, US dollar, pounds and Euro
2 in 1 Account:
- Get the benefits of 2 accounts in one bank account, Get both services of saving and current account in one account
- The minimum deposit to open the 2 in 1 account is 10,000 AED
- Get a free chequebook and debit card
- Ajman Bank offers Shariah-compliant savings accounts to manage your money
- Collect your monthly profits in every quarter
- Access your account statements for free
- Teach your child to save and use money judiciously right from the beginning with Ajman Bank’s Young account
- This is a saving account for minors, hence no minimum account balance requirement
- It is based on the Murdaraba principle of Islamic Shariah
- Take the hassle out of salary distribution with Ajman Bank's payroll account.
- This account type is specially designed as a payroll account solution and has no minimum account balance requirement.
- Get personal help from Ajman Bank’s personnel for opening a payroll account
- With Ajman's Murdaraba solutions, you can maximize your profits by taking advantage of Mudaraba principle
- With this account, you get your monthly profits in a quarterly period
- You can select a tenure between 3 months and 12 months
Upfront Profit Wakala Deposit:
- Skyrocket your profits with Ajman bank’s Upfront Profit Wakala Deposit
- This is a deposit account in line with the Shariah principle Wakala
- You can withdraw your profits anytime you want
The Ajman Bank Company Account:
- Ajman Bank’s Company account makes business banking easy.
- You can get free cash deposits and withdrawals at Ajman bank network ATMs and CCDMs
- It gives you benefits like WPS payroll services at competitive rates
Ajman Bank Money Transfer:
- Ajman’s bank’s Money Transfer Services features a much more convenient way of sending money to friends and family.
- You can enjoy competitive exchange rates
- There are no bank charges or transfer fees
- You can purchase your dream property and pay back monthly.
- Customers can purchase villas, apartments, compound villas, townhouses, buildings, industrial land, and residential lands
- Six types of properties are financed under this service. They are:
- Ready Properties- For purchasing properties that have been completely constructed
- Under-construction Properties- Finances requested to construct a villa or house
Government Housing Program- UAE Nationals are provided finances under a prominent Housing program
Land Finance- Available for both Nationals and Expatriates. Land can be purchased with this finance
- MAP- This Mortgage finance provides affordable homeownership at low installments
- Through commodity Murabaha, one can access cash
- Locals can avail finance up to AED 3,000,000 and Expatriates can avail IP to AED 1,000,000
- Goods Murabaha:
- With this, you can get finances for home appliances and electronics, furniture, motorcycles, boat, yacht, machinery, and building materials.
- Natives are eligible to avail finances up to AED 3,000,000, while Expatriates can avail to AED 1,000,000
- Service Ijarah:
- With Service Ijarah, you can finance your dream vacation, education of your children, medical emergency, or for your child's wedding
- Locals can avail of up to AED 3,000,000 while Expatriates can get of up to AED 1,000,000
- Secured Finance:
- Get personal finance against your FD and EOSB (End Of Service Benefits)
- All the services comes under commodity Murabaha Islamic structure
- Purchase your desired car at affordable installments under Shariah-compliant Murabaha structure
- You can get finances up to AED 500,000 and salary transfer is not mandatory
- There are six types of auto finance:
- Standard Offering
- 50-50 Finance Offering
- Exotic Cars Finance Offering
- Secured Finance Offering
- Self Employed Finance Offering
- Rent A Car Finance/Fleet Finance
A variety of cards are offered to ease your task of transaction and finance management.
- With the BRight Card, enjoy exclusive travel benefits for more than 300 airlines, and 300,000 hotels at 0% transaction fees
- You get to earn BRight rewards each time you use the card. You can redeem them for exciting deals.
- There are three types of BRight cards-
- BRight World
- BRight Platinum
- It is considered as one of the most powerful partners in Islamic credit cards
- There are three types of power cards
- Power World (limit AED 100,000)
- Power Platinum (limit AED 65,000)
- Power Gold (limit AED 35,000)
- You can avail the perks of Power rewards with each use and redeem them for gifts.
- This is the first Roadmiles card in UAE
- You need to accumulate Roadmiles with each use and redeem it for fuel at any petrol pump across the UAE
- There are three types of Roadmiles cards
- Roadmiles Platinum (limit AED 75,000)
- Roadmiles Premium (limit AED 35,000)
- Roadmiles Classic (limit AED 12,000)
Ways to Bank
Ajman Bank offers a variety of ways to make banking simpler and more convenient. It uses advanced technologies to simplify and speed up banking.
- You can utilize all the benefits of your credit card quickly and more conveniently with Apple Pay.
- With touch ID payments, experience a high-security transaction environment.
- You can also use your face ID to pay on the go, anytime and anywhere.
- Internet Banking is a faster and trouble-free way to manage your finances.
- You can avail all accounts summaries in one place within a few clicks
- With an online account, effortlessly pay your bills digitally.
- Phone banking enables you to access your banking services anytime through your phone
- You can see a detailed account and card summary of the last five transactions on your phone
- You can also use the phone banking app to check the exchange rate
- Subscribing to SMS banking makes it easy for you to track your account transaction.
- You receive an Instant SMS whenever a new transaction occurs.
- You also get instant access to your credit and debit card information and account details
- With Ajman Bank’s Mobile Banking Application, you can access all the banking services on your mobile easily.
- You can effortlessly make basic and secure bank transactions on your mobile with touch ID or Face ID login.
- With the mobile application, you will be able to pay your bills instantly through your mobile phone
- You can make bank transactions even during non-banking hours with Ajman Bank's extensive network of ATMs/CDDMs
- With your domestic Ajman Bank ATM or CCDM card, you can withdraw money, deposit money or make your bill payments.
- You can also make donations to organizations and foundations through the CCMD services
- With this service you can do away with the paper statements and start getting E-statements every month
- You can register for E-statements through Internet banking, Mobile banking and SMS banking
- Your local Ajman Bank branch can also provide information on how to register for E-statements
- Making Payments through Samsung Pay gives you a secure and ultra convenient banking experience
- Samsung pay allows you to ditch the plastic cards
- Create your Samsung pay account with a credit card or a debit card
- Go ‘contactless’ while using Ajman Bank’s Contactless technology solutions
- Let your wallet stay at home and use contactless payments with merchants
- Making payments becomes much faster and easier
Islamic Shariah-guided Investment Banking at Ajman Bank is a great way to invest across multiple channels. Ajman Bank helps you grow money without compromising your beliefs.
Islamic Investment Funds:
- Ajman Bank’s Islamic Investment solutions enable you to invest in a variety of funds, while adhering to Islamic Shariah principles
- You can start investing with as little as AED 30,000
- Invest in local and international funds without worrying about minimum balance charges
- Shariah-compliant Private Equity solutions let you invest in sectors like healthcare, real estate, and education.
- You can enjoy comparative rates on returns.
- Ajman Bank’s Private Equity products are available for both private individuals and institutions.
- With Ajman Bank, you get access to a wide range of Shariah-compliant Sukuks so you can generate profit like never before from traditional deposit accounts.
- You can start your investment in Sukuk trading with a minimum of AED 734,620.
- There is no minimum balance requirement.
Secured Share Finance:
- Secured Share Finance allows you to invest in shares like DFM and ADX as per the Shariah principle
- Take advantage of competitive rates on profits
- You can trade through a network of experienced brokers
- It is a short-term financing service provided by Ajman Bank to help you financially. It can even generate great returns for you
- Expect a high amount of financing from IPO
- Plus, get a flexible payment option to repay the amount
Corporate & Commercial Banking:
Corporate and Commercial Banking services are provided by Ajman Bank to meet the financial needs of organizations. It understands the financing needs of corporations and thus provides best-in-class banking services.
- Ajman Bank's financial division offer you Shariah-compliant funding for your next project
- You can get the Murabaha facility for a letter of credit, letter of guarantee, Ijara facility
- The financial division can also help you with foreign exchange
Syndication & Underwriting:
- Ajman Bank provides the Syndication & Underwriting services with the help of a professional team to smoothen the banking experience of their clientele
- Get detailed credit analysis and due diligence
- Get a comprehensive evaluation of your credit needs and payment ability
Government Financial Institution & Syndication:
- Ajman Bank’s Government Financial Institutions and Syndication helps government entities to manage their finances
- Get help in Syndicated finances, project finances, foreign exchange requirements, and Cash management
- Ajman Bank provides financial services to government organizations across the UAE
- A Shariah-compliant business banking service that helps you with all your banking needs, whether they are small or large
- Get tailored banking services for your business according to your needs
- Ajman Bank offers banking services to businesses that are at least 3 years’ old
- Ajman Bank’s Financial Institutions solutions work on managing a good relationship with corresponding banks worldwide
- The bank has a well-known financial institution network in the Middle East, Asia, Europe, North Africa, and America
- You get world-class services like sovereign syndication, import/ export finances, letters of credit, Risk Participations, FI syndication, and clearing services