Benefits
- It is a Sharia Compliant Savings Account based on the principle of Mudaraba
- Free ADIB Visa Electron Debit Card.
- Chance to win up to AED 3 million (and other prizes) by saving AED 20,000
- 10 lucky people win AED 10,000 every month
- The minimum amount of AED 5,000 is required to earn a profit on your account
- Bank anytime & anywhere with the ADIB Mobile Banking App
- Built-in Takaful coverage (in case of death) up to a maximum of AED 250,000
Fees & Charges
- Account Closure (Within one year)= AED 100
- Non-ADIB ATM Transactions in UAE- Cash Withdrawal = AED 2
- Non-ADIB Transactions in UAE – Balance Inquiry / Declined Transaction= AED 1
- Fee for using the ATM outside UAE and GCC = As per host country system
Interest Rates
- For Tier >25K, 0.33% per month
- For Tier 10K – 25K, 0.32% per month
- For Tier 5K – 10K, 0.31% per month
- The interest rate may vary for the upcoming months, in accordance with the ADIB’s Banking Services Agreement
Documents Required
UAE Nationals:
- A copy of the passport
- Emirates identity card
- Resident visa
- Salary certificate of the applicant
Residents:
- Copy of visa
- Emirates identity card
- Copy of the passport
- Salary certificate of the applicant
Eligibility
- For UAE nationals and residents
- Account can be opened by individuals only and without salary transfer
- Must be 21 years old or above
Addition Information
- Standing Instructions to make automated payments for recurring transactions
- Access your funds and withdraw any amount from your savings when needed
- Minimum deposit of AED 20,000 is required to enter in the draw
- 24-hour e-ADIB Internet Banking, Telephone and SMS Banking
- Complimentary SMS banking service
- Profits credited to your account every quarter