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.

Planning ahead for Children's Education Expenses

College education plan

Saving for your child’s education is one of the biggest investments you can make towards their future. Depending on their age and place of study, the level of contribution you will be expected to make can differ significantly, but the most important thing is to have a clear plan in place that covers the inevitable expenses that will arise in the short, medium and long-term.