Whether you want to manage your finances or make transactions, Banks are smart and reliable options. Al Hilal Bank is a prominent Islamic bank that offers Sharia-compliant banking to customers hassle-freely in the UAE. It was established in 2008 and provides innovative banking solutions to millions of customers in this country. Moreover, the commitment of Al Hilal Bank to customer satisfaction sets it apart from other banks. In this blog, we will go through the account opening procedure and different services offered by Al Hilal Bank to clients.
|
Account Type |
Account Opening Fee | Monthly Maintenance Fee | Minimum Balance Requirement | Overdraft Charges |
| Current Account | Free | Free | AED 3,000 |
As per the profit-sharing agreement |
|
Savings Account |
Free | Free | AED 3,000 | Not Applicable |
| Gold Savings Account | Free | Free | AED 5,000 (in gold value) |
Not Applicable |
|
Youth Account |
Free | Free | No minimum balance | Not Applicable |
| Fixed Deposit Account | Free | Not Applicable | AED 10,000 (or equivalent) |
Not Applicable (funds are locked) |
Services Offered by Al Hilal Bank
Corporate Banking
With Al Hilal Bank you can experience a wide range of business accounts that cater to SMEs and large businesses. Moreover, this Islamic bank also provides an extensive range of services like business loans, trade finance, and treasury Solutions.
Wealth Management
The Bank allows customers to experience Sharia-compliant investment products to manage their wealth. Moreover, in Al Hilal Bank, you can also avail the options of services like asset management and private banking.
Al Hilal Bank Branches in the UAE
|
City |
Branch | Operating Hours | Key Features |
| Abu Dhabi | Main Branch | Mon-Fri: 8:00 AM – 3:00 PM |
Full-service branch, personal and business banking |
|
Abu Dhabi |
Khalifa City Branch | Mon-Fri: 9:00 AM – 2:00 PM | Convenient location for residential customers |
| Dubai | Dubai Mall Branch | Mon-Sun: 10:00 AM – 10:00 PM |
Extended hours, accessible in a prime location |
|
Sharjah |
Al Majaz Branch | Mon-Fri: 8:00 AM – 3:00 PM | Focus on retail and SME banking services |
| Al Ain | Al Ain Branch | Mon-Fri: 8:00 AM – 3:00 PM |
Extensive range of banking services for all local residents of UAE |
Al Hilal Bank How to Create Your Account
Branch Visit
To create an account with Al Hilal Bank, visiting their physical branch is the straightforward and smooth option.
Locate the Nearest Branch: For account creation purposes, you need to find the nearest Al Hilal Bank branch in the UAE. Furthermore, for this purpose, remember to check operating hours to avoid hassle before visiting.
Prepare the Required Documents: Before visiting the branch, you have to gather all required documents like Emirates ID and proof of your income. Moreover, proof of address and a valid passport with a residency visa are vital to opening an account in Al Hilal Bank.
Meet with a Bank Representative: After that, you need to visit the bank branch and request the representative that you are willing to open an account.
Choose Account Type: Now you need to discuss with a representative and select the account type of your desires. In Al Hilal Bank, the common options of accounts among customers are savings, fixed deposits, and youth.
Fill Out the Application Form: After choosing an account type, take the account opening form from the representative and fill it out with your details like contact information. Moreover, you also need to provide the information like correct Name, business details, contact information, and date of birth.
Submit Application: After providing your information, you need to submit the documents and account opening application form to the representative.
Account Verification: After this, Al Hilal Bank will review your details and verify your identity. Furthermore, when the application is approved by the bank, simply move forward to the next step.
Deposit Initial Amount: After verification of the account, you need to deposit the required minimum amount via bank transfer or cash.
Receive Account Details: After funding, the Al Hilal Bank will provide account details and a debit card.
Account Activation: At last, when your account is approved, you can easily activate online banking and mobile app services.
More Related Articles:
Everything You Need to Know About CBD Bank Services, Accounts, and Branches
Sharjah Islamic Bank Simple Process for Account Setup
How to Quickly Open an Axis Bank Account Online
Riyad Bank UAE: Easy Account Opening Guide
How to Open an Al Rajhi Bank Account Online in the UAE
FAQs
Explain the reason why it is important to create an account with the Al Hilal Bank?
If you create an account with Al Hilal Bank, he can experience innovative and Sharia-compliant banking.
Tell me the convenient and reliable method to create an account with Al Hilal Bank in the UAE?
In the UAE, visiting the physical branch of the Al Hilal Bank is a reliable and smooth option to create an account.
Can Al Hilal Bank allow non-residents to open an account in the UAE?
Yes, Al Hilal Bank allows non-residents to open different accounts like gold savings, and current, and youth accounts.
