Savings Options

Best Rates for Fixed Deposits this August

Fixed Deposits are a safe investment as compared to many other investment streams that pose a high risk. Deposit interest/profit rates in the UAE are fairly low but are still better than earning nothing in a savings account. Customers in the UAE are able to choose from Conventional and Islamic Deposit Accounts. Conventional bank accounts are interest-earning deposit accounts whereas Islamic Accounts offer Shariah compliant deposits that are declared on quarterly basis.