ContractBanking Services Agreement • November 17th, 2021 • Dubai
Contract Type FiledNovember 17th, 2021 JurisdictionBANKING SERVICES AGREEMENT TERMS AND CONDITIONS First Section GENERAL TERMS AND CONDITIONS These terms and conditions shall be construed and implemented pursuant to the Laws of U.A.E., Dubai Islamic Bank's Memorandum and Articles of Association, its regulations, instructions of the Central Bank, the Bank's Internal Sharia Supervision Committee (Sharia Committee) and the principles of Shari'a as set out in the Sharia Standards issued by Accounting & Auditing Organization for Islamic Financial Institutions (AAOIFI) as amended from time to time. In the event of a conflict between the Arabic and the English text, the Arabic text shall prevail. Whereas the Customer desires to deal with the Bank for the purpose of opening an account/deposit or obtaining a banking service and the Bank accepted such desire, the Customer irrevocable and unconditionally agree on the following terms and conditions (including SPECIAL TERMS AND CONDITIONS & ELECTRONIC BANKING SERVICES). This shall be subject alwa
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