Foreign Currency Chequing Accounts

Overview

Askari Bank provides special foreign currency checking accounts for individuals and businesses looking to manage their finances using major global currencies. You can transact with confidence in USD, EUR, GBP, or AED thanks to our accounts, which include the Askari Halal Foreign Currency Current Account and the Askari Halal AED Current Account. With our commitment to Islamic banking principles, you can enjoy the benefits of international banking while adhering to your values. 


Key Features

  • Available in USD, GBP, EUR
  • Initial deposit required for account opening is 100 USD/GBP/EUR
  • Minimum Monthly Average 100 USD/GBP/EUR*
  • Issuance of Cheque Book as per SOC
  • E-statement Facility as per SOC
  • Free I-Net Banking Facility**

*In case of shortfall in the minimum balance, service charges to be applicable as per prevailing SOC.

** I- Net Banking Services (View only option)

Accounts

  

DescriptionSpecific Product Details
Name of Product:Askari Halal Foreign Currency Current Account
Underlying Mode:Qard
Acceptable Currency:USD, Euro and GBP
Type of Product:Current (chequing account)
Minimum Balance Required:USD= $1,000/-, GBP= £1,000/-, Euro= €1,000/- (for account opening only)
Tenors:Minimum: N/A
Maximum: N/A
Profit Calculation:N/A
Periodicity of Profit Distribution:N/A
Service Charges (if any):As per the Schedule of Charges – Islamic Banking
Other Features:No minimum balance requirements/charges for the maintenance of the account

DescriptionSpecific Product Details
Name of Product:Askari Halal AED Current Account
Underlying Mode:Qard
Acceptable Currency:Arab Emirates Dirham
Type of Product:Current (chequing A/C)
Minimum Balance Required:AED= 1,000/=for account opening only)
Tenors:Minimum: N/A
Maximum: N/A
Profit Calculation:N/A
Profit Distribution:N/A
Target Customer:Individuals, Business Enterprise, etc.
Service Charges (if any):As per the Schedule of Charges – Islamic Banking
Other Features:No minimum balance requirement/charges for maintenance of the account

  • Available in USD, GBP, EUR
  • Initial deposit required for account opening is 100 USD/GBP/EUR
  • Minimum Monthly Average 100 USD/GBP/EUR*
  • Issuance of Cheque Book as per SOC
  • E-statement Facility as per SOC
  • Free I-Net Banking Facility**

*In case of shortfall in the minimum balance, service charges to be applicable as per prevailing SOC.

** I-Net Banking Services (View only option)


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Last Updated: 24 June, 2026

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