Residency
UAE resident
ADCB Islamic Active Saver Account
ADCB Islamic Active Saver is an add-on savings account with expected profit of 0.4% to 2.25% a year by tier, calculated on your daily balance.
An existing account with ADCB is required, such as ADCB Islamic Current Account.
At a glance
Key facts
Monthly FeeFree to AED 100/month
Minimum SalaryNo minimum salary
Profit PayoutMonthly
Account access
No debit card included.
An existing account with the bank is required.
The ADCB Islamic Active Saver is a Sharia-compliant savings pot that sits beside your main account. You need a current or savings account with ADCB first, and you move money between the two by transfer. The Active Saver has no debit card and no cheque book. What it offers is a higher expected profit rate than the basic ADCB Islamic Savings Account, monthly payouts instead of quarterly ones, and a calculation that follows your balance day by day. It is for UAE residents, and a dirham account opens with AED 1,000.
Who can open it
Minimum salary
No minimum
Salary transfer
Not required
Existing account
You must already hold an ADCB or ADCB Islamic Current or Savings Account.
Fees and balance
Adding an Active Saver does not bring a new monthly charge. You continue under the ADCB Islamic relationship fee that already covers you as a customer. That fee disappears when the total you hold with the bank reaches AED 20,000, when a salary of AED 15,000 or more is credited directly, or when a smaller salary is paired with a credit card or finance from ADCB Islamic Banking. When none applies, the fee is AED 25 a month for a customer transferring a smaller salary, or AED 100 a month for other Aspire customers. Closing an Active Saver after its first 30 days and before six months costs AED 105.
Monthly fee
Free
Total relationship balance of AED 20,000 or more, a salary transfer of AED 15,000 or more, or a smaller salary transfer with an ADCB Islamic credit card or finance.
Monthly fee
AED 25
Salary transfer under AED 15,000 without an ADCB Islamic credit card or finance.
Monthly fee
AED 100
Every other Aspire customer.
Account closure fee
AED 105
Charged only within 6 months of opening. Waived within 30 days.
In plain words
- Fee levels
- The monthly fee has more than one level. The condition you meet decides which one applies, and you pay that one level only, never the levels added together. More on this
- Account closure fee
- A one-off charge of AED 105 for closing the account within 6 months of opening it. Closing it later costs nothing. Closing within the first 30 days carries no charge either. More on this
Profit
How profit works
PayoutMonthly
Calculated onEnd-of-day balance
Eligible balanceUp to AED 200,000
- Expected
How profit works
PayoutMonthly
Calculated onEnd-of-day balance
Eligible balanceAbove AED 200,000 · Up to AED 750,000
- Expected
How profit works
PayoutMonthly
Calculated onEnd-of-day balance
Eligible balanceAbove AED 750,000 · Up to AED 2,000,000
- Expected
How profit works
PayoutMonthly
Calculated onEnd-of-day balance
Eligible balanceAbove AED 2,000,000 · Up to AED 5,000,000
- Expected
How profit works
PayoutMonthly
Calculated onEnd-of-day balance
Eligible balanceAbove AED 5,000,000 · Up to AED 20,000,000
- Expected
How profit works
PayoutMonthly
Calculated onEnd-of-day balance
Eligible balanceAbove AED 20,000,000
- Expected
In plain words
- Profit rate
- An Islamic account does not pay interest. It pays you a share of what the bank earns on your money. The profit rate is that share as a yearly percentage of your balance. More on this
- Balance bands
- The rate changes with how much you hold. Each band is a range of balance with its own rate. More on this
- Which balance counts
- The return is worked out each day on what is in the account at the end of that day, so money counts from the day it arrives until the day it leaves. More on this
What your money earns here
Held for
1 year
Expected.
The amount and the rate stay the same for the whole period, and the profit is paid out, not added to the balance. Try other rates
AED 40
profit over 1 year
0.4%
a year on this balance
profit earned over time
Profit is worked out on your end-of-day balance, so each day is treated on its own. The rate used for a day is the one for the tier that day's balance falls in. These are expected rates: they show what the bank aims to distribute, and the profit is not guaranteed.
Benefits
Tiered Expected Profit
The expected profit rate rises with the balance, up to 2.25% a year.
Three Currencies
Available in dirhams, US dollars and British pounds.
Shariah-compliant
Banking model
How to open
Before you apply
1.An existing account with the bank is required.
2.No minimum salary.
3.Salary transfer is not required.
4.No debit card included.
Application steps
1.Make sure you hold a Current or Savings Account with ADCB.
2.In the ADCB Mobile Banking App, choose New account under Accounts & Deposits.
3.Select Current/Savings account and confirm.
4.Choose the Islamic Active Saver Account and apply.
Good to know
Good option for
ADCB Islamic customers whose savings balance moves around during the month and who want monthly profit payouts.
Consider another account if
You can hold AED 50,000 or more steadily. The ADCB Islamic Super Saver has a higher expected rate from that level.
Frequently asked questions
Get answers to common questions about the ADCB Islamic Active Saver Account