CBD Al Islami Foreign Currency Account

CBD Al Islami Foreign Currency Account is a Sharia-compliant current account for holding money in a currency other than dirhams. You can choose US dollars, British pounds, euros, Saudi riyals, Australian dollars, Canadian dollars, Swiss francs, Swedish kronor or Japanese yen. UAE residents aged 18 or over open it through the CBD mobile app. It belongs to the CBD Al Islami current account family, and the bank's Key Facts Statement for those accounts sets out how they work: under the Sharia principle of Qard Hassan, your deposit is treated as a profit-free loan to the bank, the bank guarantees the amount, the account pays no return, and you can withdraw on demand. The dirham version is the CBD Al Islami Current Account.