Minimum Salary
15.000,00 د.إ
Emirates Islamic offers six Shari’ah-compliant business account packages—Business Classic, Business Premium, Business Platinum, Tajer, E-Trader, and Business Digital—each tailored for different business sizes and activities. Packages vary by minimum monthly average balance, monthly fees, free transaction allowances, and service charges. Eligibility requires a valid UAE trade license, Emirates ID for signatories, and standard corporate documentation. All fees below include 5% VAT.
Account Packages & Core Features
| Package | Min. Avg. Balance (AED) | Monthly Fee (AED) | Free Teller Txns / Month | Fall-Below Fee (Monthly) | Relationship Fee (Monthly) | Key Benefits |
| Business Classic | 10,000–35,000 | N/A (262.50 if below req) | 6 free, then 10.50/txn | 262.50 | 210.00 | Basic current account services |
| Business Premium | ≥ 50,000 | Free (subject to finance) | 10 free, then 10.50/txn | 0 if finance active | 210.00 | Lower teller fees; waived premium fees |
| Business Platinum | ≥ 150,000 | Free | 15 free, then 10.50/txn | 0 | 210.00 | Preferential FX rates; extended limits |
| Tajer | ≥ 25,000 | 105.00 | 10 free, then 10.50/txn | 105.00 | 210.00 | For UAE/GCC entrepreneurs |
| E-Trader | ≥ 50,000 | 157.50 | 15 free, then 10.50/txn | 157.50 | 210.00 | Stock trading integration |
| Business Digital | None | Free | Unlimited online | N/A | N/A | Fully digital onboarding & online banking |
(Emirates Islamic reserves the right to downgrade packages if eligibility criteria aren’t met over three consecutive months)
Detailed Schedule of Fees
1. Teller & Cash Services
| Service | Fee |
| Cash Deposit/Withdrawal & Cheque Deposit (teller) | AED 105.00 per txn |
| Bulk Cash Deposit/Withdrawal (≥ AED 1 M/day) | 0.5% of amount |
| Demand Draft Issuance | AED 157.50 per instrument |
| Manager’s Cheque Issuance | AED 157.50 per instrument |
| Demand Draft/Cheque Cancellation | AED 105.00 per instruction |
| Stop Cheque/Draft | AED 105.00 per instruction |
| Cheque/Draft Return (inward) | AED 315.00 per cheque |
| Cheque/Draft Return (outward represent) | AED 210.00 per cheque |
(Applies to Classic; Premium/Platinum waive or reduce teller fees)
2. Cheque Collection & Clearing
| Service | Fee |
| Local Cheque Collection | 0.125% of cheque amt (min 52.50, max 525) + AED 84 courier |
| Special Clearing – Outward | AED 262.50 per instrument |
| Inward Clearing (normal) | Free |
| Cheque Book (50 leaves) | AED 52.50 per book |
| Cheque Book Manual Processing Fee | AED 52.50 per request |
3. Remittance & Transfers
| Service | Over Counter Fee | Online Fee |
| Local Funds Transfer (AED) | AED 157.50 | AED 5.25 |
| Outward Remittance (Local TT) | AED 105.00 | AED 31.50 |
| Outward Remittance (International TT) | AED 126.00 | AED 47.25 |
| Inward Remittance (credit) | Free | N/A |
| Swift Copy | AED 21.00 | Free |
| Amendment/Investigation Requests | AED 78.75 | N/A |
| Payment Cancellation/Recall | AED 105.00 | AED 78.75 |
(File/batch charges apply for WPS and bulk payments)
4. Digital Banking & WPS
| Service | Fee |
| businessONLINE Subscription | AED 210.00 per month |
| WPS Salary Processing (per file + per beneficiary) | AED 105.00 + AED 2.10 |
| Non-WPS Salary Processing | AED 105.00 + AED 2.10 |
| Smart Cash Deposit Machine (SCDM) Replacement | AED 1,260.00 |
| ICCS Scanner Maintenance | As per contract |
| Direct Debit (DDS) Mandate Registration | AED 3,150.00 one-time |
(Digital package customers enjoy unlimited online transactions and waived most digital fees)
5. ATM & Card Services
| Service | Fee |
| Non-Emirates Islamic ATM Withdrawal (UAE) | Waived |
| Non-Emirates Islamic ATM Withdrawal (Other) | AED 10 per txn |
| International ATM Withdrawal | AED 20 per txn |
| Balance Inquiry (Non-EI ATM) | AED 2 per enquiry |
| Card Replacement | AED 25 |
| Foreign Currency Transaction Spread | 1.99% |
6. Account Maintenance & Other Services
| Service | Fee |
| Account Closure (≤ 6 months) | AED 210.00 |
| Dormant Account Charge | AED 315.00 per year |
| Duplicate Statement (Branch) | AED 157.50 per request |
| Certificate of Balance | AED 157.50 per request |
| Liability/No Liability Letter | AED 210.00 per request |
| Audit Confirmation Report | AED 262.50 per request |
| Trade License Renewal (grace 2 months) | AED 367.50 per month |
| IBAN/Reference Letter | AED 262.50 per request |
Package Comparison Highlights
(Original documents to be sighted; copies stamped “Original Seen” and signed)
Choose Business Classic for basic banking, Premium/Platinum for higher volumes and preferential rates, Tajer/E-Trader for specialized entrepreneur/trading needs, or Business Digital for a purely digital experience.
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