Compare Islamic savings accounts by access and expected profit

Easy Access Account

Gatehouse Bank plc

Product type

Shariah-operated instant-access savings account

Evidence status

Official fields checked

Checked

2026-09-15

Verified product fields

• Applicants must be at least 18 and UK resident or UK resident for tax purposes.
• The minimum initial and additional deposit is GBP1 and the maximum balance is GBP250,000.
• The account permits partial or full withdrawal to the nominated account.
• Profit may be paid annually or monthly and the expected profit rate is variable.
• The page lists 2.65% AER at the verification date and says Gatehouse gives 30 days' notice of a reduction.

Everyday Saver (Issue 3)

Al Rayan Bank PLC

Product type

online instant-access Mudaraba savings account

Evidence status

Official fields checked

Checked

2026-09-15

Verified product fields

• Applicants must be over 16 and must reside in the UK or a non-EU country.
• The account is for a sole individual applicant; joint applications are not accepted for this issue.
• The required opening and ongoing minimum balance is GBP10,000 and the maximum balance is GBP1,000,000.
• The page lists a variable expected profit rate of 2.75% gross per annum at the verification date, paid monthly.
• If the balance falls below GBP10,000, the stated expected profit rate falls to 0.05% until the minimum is restored.

FNB Islamic Savings Account

First National Bank, a division of FirstRand Bank Limited

Product type

linked Shari'ah-compliant savings account

Evidence status

Official fields checked

Checked

2026-09-15

Verified product fields

• The account is available exclusively to individual FNB Islamic cheque-account clients.
• The stated qualifying criterion is South African citizenship.
• The account provides immediate access and permits deposits or withdrawals at any time online or at an ATM.
• FNB states there is no monthly fee.
• Profit share is paid monthly and may be reinvested or transferred to another account.

Savings Account-i

Maybank Islamic Berhad

Product type

Commodity Murabahah savings account

Evidence status

Official fields checked

Checked

2026-09-19

Verified product fields

• Maybank describes Savings Account-i as a Shariah-compliant savings product based on Commodity Murabahah.
• The account is available to Malaysian residents and non-residents aged 18 and above, subject to documentation.
• The published individual-account terms state an RM50 online initial deposit, while product pages may show different branch or campaign amounts.
• The product includes branch, web, mobile, ATM and debit-card account-management options.
• Maybank states that eligible deposits are protected by PIDM up to RM250,000 per depositor.

EcoSave Savings Account-i

CIMB Islamic Bank Berhad

Product type

Tawarruq digital savings account

Evidence status

Official fields checked

Checked

2026-09-19

Verified product fields

• CIMB identifies EcoSave Savings Account-i as a Tawarruq-based paperless savings account.
• Online applicants must be Malaysian citizens aged 18 or above with a MyKad.
• Joint and minor-trust applications are excluded from the online route.
• The published minimum initial deposit is RM250 and the account includes a debit card.
• CIMB states that eligible deposits are protected by PIDM up to RM250,000 per depositor.

Savings Account-i Plus

CIMB Islamic Bank Berhad

Product type

Tawarruq savings account

Evidence status

Official fields checked

Checked

2026-09-19

Verified product fields

• CIMB describes Savings Account-i Plus as a Tawarruq-based statement savings account.
• Individuals aged 12 and above may apply; joint accounts require account holders aged 18 or above.
• The published minimum initial deposit is RM250.
• The account includes monthly e-statements, digital banking and a CIMB debit card.
• Eligible deposits are stated as PIDM protected up to RM250,000 per depositor.

Meezan Rupee Savings Account

Meezan Bank Limited

Product type

Mudarabah savings account

Evidence status

Official fields checked

Checked

2026-09-19

Verified product fields

• Meezan states that the customer participates as Rab-ul-Maal and the bank as Mudarib under a Mudarabah arrangement.
• The account is available to individuals and businesses, including sole proprietorships, partnerships and limited companies.
• The published minimum investment is PKR100, with specified exceptions for certain customer groups.
• Profit is calculated on daily balance and paid monthly.
• The account permits withdrawals without a published transaction-count restriction.

Alfa Islamic Saving Account

Bank Alfalah Limited - Islamic Banking

Product type

digital Islamic savings account

Evidence status

Partial record

Checked

2026-09-19

Verified product fields

• Bank Alfalah presents the product as an Islamic savings account opened through the Alfa mobile app.
• The page states that profit is calculated on daily balance and credited monthly.
• The product advertises no minimum-balance requirement.
• Customers can add money digitally and request debit-card access.