Accounts Guides
Are you looking for a shariah compliant bank account? Find out how you can apply for various bank accounts with Dubai Islamic Bank. Read More
Leaving the UAE? The process of moving out can be a rather complicated one. From cancelling your visa to sorting your financial affairs, here's everything you need to take care of to be able to exit the UAE with zero hassle. Read More
Feeling the financial crunch? You're not alone. If you're looking for some financial respite, take a look at some of the most common monthly expenses that have the potential to turn into savings. Read More
This pandemic has blindsided everyone. And among the ones who are able to tide over these tough times, are those who had an emergency fund in place. Here's how you can use your emergency fund wisely and stretch it to last during the crisis. Read More
Are you aware that you may not have the first right over your End of Service Benefits? Your personal loan contract may give your bank the right to adjust your gratuity and final salary towards your outstanding loan. Read More
Coronavirus-linked online scams are popping up everywhere. With people losing millions to scammers across the world, we take a look at some of the most notorious online scams and how you can avoid them. Read More
Do you enjoy the convenience of paying with your debit card or look forward to earning bonus rewards with your credit card? Or do you prefer to simply transact with cash? We take a look at all these three payment methods to help you choose the right mix for... Read More
Have you heard of the famous 'KonMari' tyding method made popular by decluttering expert and TV personality - Marie Kondo? We figure out how this method can be applied to organizing your finances. Read More
Want to take a break from retail therapy and do your bank account some good? We explore the 'No Spend Days' budgeting technique and help you figure out whether it's a hit or miss. Read More
National Bonds offer a Shari’a compliant approach to financial products and services in the UAE. But are they as low-risk as they claim to be? We explore what this unique financial instrument has to offer. Read More
Are you aware of how to lodge a complaint with the UAE Central Bank? Souqalmal.com details the process and the conditions related to lodging your grievances with the country's financial regulator. Read More
There's another type of bank fraud that's making the rounds these days - The infamous 'magic pen' scam is back in the UAE. Here's what you can do to avoid becoming the next victim. Read More
Just last month, the UAE Central Bank followed in the US Fed's footsteps to cut its key lending rate. How has this impacted borrowers and savers in the country? Here's a simple explanation of what this big move means for YOU. Read More
Have you heard about FlexxPay - The company that's revolutionizing salary payments in the UAE? Find out what FlexxPay has in store for both, employees and employers in the country. Read More
Negotiating your salary when you're so close to getting a job offer can be intimidating for many. But you don't have to settle. Here are our top tips to help you negotiate and land the paycheck you deserve. Read More
Looking for a non-cash alternative for paying your domestic help's salary? We explore some new and innovative channels that can not only help you go cashless, but also make it easier for domestic workers to manage their salary better. Read More
Online banking has transformed in a big way. You can now do so much more with it - Pay utility bills, make instant remittances, create savings goals, customize your online banking experience and lots more! Read More
We're all so dependent on our banks - For bank accounts, debit and credit cards, loans and much more. Have you ever wondered how your bank makes money? We list and explain the different revenue streams that allow banks to thrive. Read More
The UAE Central Bank revealed the top five issues faced by banking customers in its 2018 annual report. Souqalmal.com spells out the implications of these concerns on UAE bank customers. Read More
Stepping into the freelance world is a bold decision. Dealing with unpredictable income may seem overwhelming, but it is not impossible. Souqalmal.com shares top tips on how to become a financially empowered freelancer in the UAE. Read More
Move over online banking and branch banking - There's a brand new banking channel up for grabs! Here's all you need to know about Emirates NBD's new WhatsApp Banking proposition. Read More
Want to get a handle on your finances, but find 'budgeting' incredibly boring? We've shortlisted five of the coolest mobile apps that'll put a whole new spin on the dreaded 'B' word! Read More
Scammers are becoming more creative, but you can outsmart them by being cautious and identifying red flags. Find out how to keep your sensitive bank information safe from fraud attempts. Read More
Tired of scraping by and running your account balance to zero at the end of every month? Escape the paycheck-to-paycheck routine and make financial stability a reality for yourself and your family. We've got some ideas that can help you. Read More
Have you recently come into a lot of money thanks to a sizable inheritance? As tempting as it may be to splurge at this time, some careful and prudent planning can help build a financially secure future for your family. Read More
The UAE Central Bank has just raised its key policy rate the fourth time this year. Souqalmal.com explains what this means for the average UAE resident's personal finances. Read More
As the dirham continues to gain strength over most Asian currencies, expats remitting money home rush to take advantage. Souqalmal.com analyzes the current currency trends and the future prospects of the dirham. Read More
Instances of identity theft are on the rise as we increasingly rely on our computers and mobile devices. Souqalmal.com explains the importance of exercising caution when dealing with personal financial information. Read More
In an attempt to ensure better stability in the banking sector, stricter guidelines regarding issuance of cheque books have been handed out by the UAE Central Bank. We take a look at what these new regulations entail. Read More
Digital-only banks, futuristic banking kiosks & lifestyle banking apps are changing our perception of traditional banking. And with the country's biggest banks embracing 'digital', the future of banking looks very exciting. Read More
Worried about what to expect with your bank announcing its plans to merge? With a few simple steps and precautions, you can ensure the transition to the new banking entity is a smooth one. Read More
Feeling lucky? Your bank account or credit card could get you a lot more than you can imagine! Read on for the latest scoop on the most attractive bank offers and promotions in the UAE that are sure to catch your attention. Read More
Think it's easy to be an adult?.. But are you navigating the world of grown up finance with the same ease? Make 'adulting' a cakewalk with these tips to secure your financial future. Read More
Have your earnings gone up, but you're saving the same or worse, lesser? That's a typical symptom of 'lifestyle inflation'. Here are five simple strategies to tackle it, and make all your hard work count. Read More
The Souqalmal.com team takes a closer look at ADCB’s latest promotion, that’s drawing new customers in with an attractive incentive on offer. Read More
Are you looking for an account with premium banking services? HSBC bank accounts could be an option. It offers customers current, savings, deposit or premium accounts. Find out how you can open an account with HSBC. Read More
What to open a new bank account? Find out how you can open an account with Citibank in the UAE in just a few simple steps. Read More
If you are looking for an account to manage your finances, check out the wide range of Shariah compliant accounts offered by ADIB. Find out how you can open a bank account with ADIB. Read More
There are over 300 accounts listed on Souqalmal.com, being offered by 23 different providers in the UAE. We carried out an analysis covering all these products and here's what you need to know about bank accounts in he UAE. Read More
Are you looking for a bank account which suits your financial needs? Check out features of FBG account and find out and how you can apply. Read More
Are you looking for a bank account? Choose from a wide range of conventional and Islamic products, such as current, savings or deposit accounts while keeping your requirements in mind. Read More
Bad news does not come with warning bells. Have you thought about what would happen in case of a crisis? Do you have sufficient funds set aside to help you out? Read More
Switching employers? In the UAE, there are a few extra things that you have to consider such as what happens to your bank account. Read More
How to find the right bank account for you? Here is a guide to the different kinds of banking accounts. Read More
A business current account is key to manage SME cash flow, and offers features such as trade/ remittance rates and multiple currencies. Read More
What are the pros and cons of joint accounts? Are they only limited to spouses? What happens in case of death or divorce under sharia law? Read More
You can open a new bank account in UAE with local and international banks, with a variety of conventional and Islamic products but there are some differences to other countries you need to be aware of. Read More
The UAE has over 50 banks with more than 800 branches and is considered one of the most competitive banking markets in the region. Interestingly enough, even in such a market - where one would think that customer service would be a great differentiator - the perception of service... Read More
