Established in 2007, Al Hilal Bank is a progressive Islamic bank headquartered in Abu Dhabi, United Arab Emirates (UAE). Known for its client-centric approach, Al Hilal Bank offers a comprehensive range of Shariah-compliant retail banking, treasury, and wealth management services.
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Among its array of financial products, the bank places great importance on its diverse range of bank accounts including current and savings accounts. These accounts are designed to cater to the specific needs of individuals and businesses, providing them with convenient and secure banking solutions.
Currently, Al Hilal Bank offers two types of bank accounts – Current Accounts and Savings Accounts. Let’s take a look at each of the Al Hilal bank accounts in brief.
Al Hilal Bank savings accounts provide you with a secure and convenient way to save and grow your funds while adhering to Islamic principles. With competitive profit rates and the flexibility of easy access to funds, the Al Hilal Savings Account ensures that you can achieve your savings objectives efficiently.
With this account, you also get convenient banking services such as online and mobile banking, which can help you manage your accounts conveniently from anywhere and at any time. With features like personalised debit cards and the option to set up standing instructions, the Al Hilal Savings Account offers a comprehensive and rewarding banking experience.
For businesses and individuals with a higher frequency of financial transactions, Al Hilal Bank presents the current account. This account is designed to cater to the day-to-day banking needs of customers, providing them with a reliable and efficient financial solution.
With an Al Hilal Bank current account, you can easily manage your finances, make and receive payments, and access a range of banking services. Whether it is for individuals or businesses, the Al Hilal Current Account offers a reliable banking solution for smooth and hassle-free day-to-day transactions.
Here are the key features and benefits of the Al Hilal Bank Savings Account:
Mentioned below are some of the notable features of Al Hilal Bank current account –
No Minimum or Average Balance Requirement: The account does not have a minimum or average balance requirement, providing flexibility to customers.
To complete the Al Hilal account opening, you should meet the following eligibility criteria -
Criteria | Requirements |
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Age |
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Nationality |
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Given below is a list of common documents required for opening an Al Hilal bank account:
Here’s how you can open your Al Hilal bank account through our digital platform:
Note: You can get in touch with our representatives in case you face any issues during the process.
Tabled below are the fees and charges of all the Al Hilal Bank accounts in the UAE —
Type of Fee | Charges |
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Fees for not maintaining the minimum average balance |
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Monthly eStatement |
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Closure of accounts |
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Additional Adhoc Paper Statement |
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Type of Fee |
Charges |
---|---|
Fees for not maintaining the minimum average balance |
|
Monthly eStatement |
|
Closure of accounts |
|
Additional Adhoc Paper Statement |
|
Take note of the following terms and conditions when you open an Al Hilal Bank account –
Al Hilal offers an online banking app called Ahlan. The app provides you with a platform to open an account and facilitates you with Ahlan account related details too. You can download this app from Google Play or Apple App Store.
Al Hilal Bank offers two types of bank accounts: Current Accounts and Savings Accounts.
The key features of the Al Hilal Savings Account include monthly prize draws, Shariah compliance, zero balance requirement, MasterCard Debit Card, free cash withdrawals, monthly profit distribution, free e-statements, no bank charges, attractive profit rates, and easy application process.
The benefits of the Al Hilal Current Account include Shariah compliance, zero balance requirement, MasterCard Debit Card, upcoming availability of a chequebook, free cash withdrawals, single debit card convenience, no bank charges, free e-statements, and no minimum or average balance requirement.
Individuals aged 18 years or above can open an Al Hilal Savings Account by themselves. On the other hand, individuals below 18 years of age can be onboarded by their natural parents.
Individuals aged 21 years or older with a valid visa in the UAE are eligible to open an Al Hilal Current Account.
To open Al Hilal Bank accounts, you need to provide a copy of your passport, a copy of your Emirates ID, and any other identification documents that may be required.