first Islamic Digital Bank
Amwali Digital Bank by Abu Dhabi Islamic Bank – UAE. The bank is set up on 23rd August 2021. The bank account is opened with a motto of empowering children. The age groupset for opening a bank account for children is 8 to 18.
Children can receive money from their relatives as well as parents. It allows to track expenses, to pay friends, etc. It has a debit card that can be used for shopping and withdrawal of cash and can add to apple pay. Parents can set a limit on spending as well.
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