Noor Bank Offers ‘Golden’ Opportunity for Savers

Press release
Published February 18th, 2018 - 12:49 GMT

Mufazzal Kajiji, Head of Retail Banking, Noor Bank
Mufazzal Kajiji, Head of Retail Banking, Noor Bank

Noor Bank, a leading Shari’a compliant bank in the United Arab Emirates, has launched a limited period offer giving customers a chance to get up to half-kilogram in gold coins—based on the amount of funds saved with the bank.

Valid until 28 February 2018, the promotion will reward new and existing customers, who maintain an incremental balance of AED 100,000 and more in their ‘Saving’, ‘Saving Plus’ or ‘Dual’ Accounts. Moreover, as part of the offer, customers will continue to earn attractive profit rates on their savings and receive up to 100 grams of 22 karat gold for every AED 2 million of incremental balance maintained with the bank.

Mufazzal Kajiji, Head of Retail Banking, Noor Bank, said: “We are pleased to extend this latest savings promotion to our existing and new customers. With the introduction of this competitive offer, we will not only help customers save their wealth but will also reward them for doing so.”

Designed under different ‘Saving’ slabs, the offer rewards customers that have an incremental balance of AED 100,000 with five grams of gold. The amount of gold coins offered increases as per the increase in incremental balance maintained by the customer.

Existing customers are also eligible for the offer, if they increase their balance from the aggregate balance as of 31 January 2018.

Background Information

Noor Bank

Noor Bank (formerly Noor Islamic Bank) was established in January 2008, in Dubai - United Arab Emirates.

Among the youngest banks in the country, Noor Bank has achieved significant growth in the past 10 years. Today, in 2018, as we continue to grow, we are ranked the 11th largest bank in the UAE in terms of asset size.

Noor Bank is a full-service Shari’a-compliant bank, offering a comprehensive range of products and services - in corporate and personal banking, wealth management, Takaful (Islamic insurance), treasury and trading. We have a presence across the country, at multiple locations in Abu Dhabi, Dubai, Sharjah and Al Ain.

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