Residency
UAE resident
ADCB Islamic Elite Account
ADCB Islamic Elite Account combines a cheque book and debit card with profit on your balance, declared at 0.2% a year and paid every quarter.
At a glance
Key facts
Monthly FeeFree to AED 100/month
Minimum SalaryNo minimum salary
Profit PayoutQuarterly
The Elite Account from ADCB Islamic Banking sits between a current account and a savings account. Like a current account, it gives you a cheque book and a debit card, and you can run your salary and payments through it. Like a savings account, it shares profit on the money you leave in it. That is the difference from the ADCB Islamic Current Account, which pays no profit at all. It is for UAE residents, comes in dirhams, US dollars, pounds and euros, and opens with AED 5,000.
Who can open it
Minimum salary
No minimum
Salary transfer
Not required
Fees and balance
No fee is charged for the Elite Account as a product. ADCB Islamic Banking applies a relationship fee instead, set once per customer from everything you hold. If your total relationship balance is AED 20,000 or more, the fee is zero, and the money in your Elite Account counts toward that. A salary of AED 15,000 or more credited directly by your employer also removes it. So does a smaller salary if you have a credit card or finance from ADCB Islamic Banking. With a smaller salary and neither of those, you pay AED 25 a month. Customers in the Aspire segment who meet none of the conditions pay AED 100. Closing the account between 30 days and six months after opening 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
PayoutQuarterly
Calculated onLowest balance in the month
Declared forQ2 2026
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
- Which balance counts
- The return is worked out on the lowest balance the account held during the month, so a withdrawal lowers the return for that whole month. More on this
- Declared rate
- The bank announces the profit rate for each period after the period ends. The rate shown is the one announced for Q2 2026. More on this
What your money earns here
Held for
1 year
Uses the rate declared for Q2 2026. 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 20
profit over 1 year
0.2%
a year
profit earned over time
Profit is calculated each month on the minimum balance, meaning the lowest amount the account held that month. A declared rate describes a quarter that has ended. It is not a promise for the next one, because the profit is not guaranteed. To be paid, the account must still be open when the quarterly payout is made.
Benefits
Cheque Book
A free cheque book is issued on dirham accounts.
Debit Card
A debit card is issued with the account.
Four Currencies
Available in dirhams, US dollars, British pounds and euros.
Quarterly Profit
Profit is calculated on the minimum monthly balance and paid every quarter.
Shariah-compliant
Banking model
How to open
Before you apply
1.No minimum salary.
2.Salary transfer is not required.
3.Debit card included.
Application steps
1.Download the ADCB Mobile Banking App.
2.On the main screen, choose New account under Accounts & Deposits.
3.Select Current/Savings account and confirm.
4.Choose The Elite Account and apply.
Good to know
Good option for
Residents who want one Sharia-compliant account for salary, cheques and card spending, and would like the idle balance to share in profit.
Consider another account if
Profit is your priority. The ADCB Islamic Super Saver carries a higher expected rate on balances from AED 50,000.
Frequently asked questions
Get answers to common questions about the ADCB Islamic Elite Account