At RAKislamic, we’re open for business

Built on 50 years of RAKBANK expertise and ready for the next 50

New to RAKislamic

Open a Shari’ah-compliant business account with RAKislamic and enjoy exclusive benefits

Earn up to 2% expected bonus profit on your Shari’ah-compliant RAKstarter or Business Advantage accounts

How it works

  • Earn up to 2% p.a. (for 5 million equivalent or above balance) expected bonus profit when you maintain an average balance of AED/USD 5,000,000 or more within the first three months from account opening
  • This offer applies to new-to-bank customers who meet the required balance threshold
  • Earn up to 2% p.a. Expected bonus profit during the promotion period: 1 April 2026 – 30 June 2026

Example

If you open your business account in April 2026, we will check your average balance through June, and credit your expected bonus profit payout in July 2026.

Expected bonus profit rates

Average Monthly Balance

Expected Bonus Profit Rate

>5M

2.00% p.a.

Enjoy zero fee domestic transfers

Move funds within the UAE with zero transfer fees — every time, every transaction.

How it works

  • Initiate an eligible domestic transfer within the UAE
  • Send as often as you need, with no limits or caps
  • Valid during the promotion period: 1 May to 30 June 2026

Valid only on AED-denominated fund transfer transactions within the UAE, initiated through RAKBANK Business Online Banking or Mobile App.

Simple, instant, and cost‑free banking.



Click here to view the terms and conditions.

Click here to view the frequently asked questions.

Existing Customers

Enjoy exclusive benefits as RAKislamic customer

Earn up to 2% p.a. expected bonus profit

Increase your monthly average balance and enjoy exclusive bonus profit during the promotion period

How it works:

  • Maintain an average balance of AED/USD 5,000,000+ in your eligible RAKstarter or Business Advantage Account.
  • Earn expected bonus profit on incremental monthly average balance (MAB) above your Baseline monthly average balance (MAB).
  • Incremental balance must be new funds and kept continuously for 3 months.
  • Baseline monthly average balance (MAB):
    • March 2026: Based on Feb 2026 MAB
    • Following months: Highest MAB from earlier campaign months

You earn:

  • Prevailing expected profit on total eligible balance
  • Expected bonus profit on incremental MAB (if all conditions are met)

Example:
Your February average balance: 5,000,000
In March, April, and May, you keep an extra 100,000 in your account.
Because you keep this extra money for 90 days, you earn the expected bonus profit on the 100,000.

For more information please contact your Relationship Manager

Enjoy zero fee domestic transfers

Move funds within the UAE with zero transfer fees — every time, every transaction.

How it works

  • Initiate an eligible domestic transfer within the UAE
  • Send as often as you need, with no limits or caps
  • Valid during the promotion period: 1 May to 30 June 2026

Valid only on AED-denominated fund transfer transactions within the UAE, initiated through RAKBANK Business Online Banking or Mobile App.

Simple, instant, and cost‑free banking.



Click here to view the terms and conditions.

Click here to view the frequently asked questions.

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