Residency
UAE resident
ADCB Islamic Current Account
ADCB Islamic Current Account is a Sharia-compliant everyday account for UAE residents, with a debit card and cheque book. It opens with AED 5,000.
At a glance
Key facts
Monthly FeeFree to AED 100/month
Minimum SalaryNo minimum salary
Account TypeIslamic
The ADCB Islamic Current Account is an everyday account run on Sharia principles. It works on a structure called Qard Hasan. In practice that means you lend your money to the bank for safekeeping, the bank guarantees it, and you can take it back whenever you like. Because it is a loan with no return attached, the account pays no profit. You use it the way you would any current account: salary in, then payments by debit card, cheque and transfer. It is open to UAE residents only, in dirhams, and the opening amount is AED 5,000. For a current-style account that does share profit, see the ADCB Islamic Elite Account.
Who can open it
Minimum salary
No minimum
Salary transfer
Not required
Fees and balance
The monthly fee depends on your whole relationship with ADCB, not on this account alone. The bank sets one fee tier for you as a customer. You pay nothing when your total relationship balance is AED 20,000 or more, or when your employer credits a salary of AED 15,000 or more directly to an ADCB or ADCB Islamic account. A smaller salary also clears the fee if you hold a credit card or finance from ADCB Islamic Banking. A smaller salary without one of those costs AED 25 a month, and any other Aspire customer pays AED 100. The relationship balance counts your deposits and investments as well as the monthly average balance of your current and savings accounts. Salary paid in by cash or cheque is not treated as a salary transfer.
Minimum opening amount
AED 5,000
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.
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
Benefits
Debit Card
A debit card is issued on dirham accounts.
Free Cheque Book
A free cheque book is issued on dirham accounts.
Internet and Mobile Banking
Managed through ADCB Personal Internet Banking and Mobile Banking.
Shariah-compliant
Banking model
How to open
Before you apply
1.No minimum salary.
2.Salary transfer is not required.
3.Minimum opening amount: AED 5,000.
4.Debit card included.
Good to know
Good option for
UAE residents who want a Sharia-compliant main account with a cheque book, and who will transfer their salary or hold AED 20,000 or more with ADCB.
Consider another account if
You want your balance to earn profit, or you would keep a small balance with no salary transfer and face the AED 100 monthly fee. Compare other Islamic accounts.
Closing the account
Closure is free in the first 30 days. Between 30 days and six months after opening, the charge is AED 105. ADCB Islamic Banking may also close a current account when cheques are returned unpaid, so keep enough in the account to cover any cheque you have written.
Frequently asked questions
Get answers to common questions about the ADCB Islamic Current Account