Minimum salary
No minimum
ADCB Islamic Savings Account
ADCB Islamic Savings Account shares profit on a Mudaraba basis, declared at 0.1% a year and paid quarterly. Opens with AED 5,000 and has a debit card.
At a glance
Key facts
Monthly FeeFree to AED 100/month
Minimum SalaryNo minimum salary
Profit PayoutQuarterly
The ADCB Islamic Savings Account is a Sharia-compliant place to keep money you do not need day to day. It runs on Mudaraba. You supply the money, ADCB Islamic Banking invests it in Sharia-compliant business and financing, and the profit from that is shared with you. The return therefore depends on how the investments perform and is not guaranteed. The account is in dirhams, comes with a debit card, and has no cheque book. UAE residents and non-residents can both open one with AED 5,000. Savers who want to enter prize draws can look at the Millionaire Destiny Savings Account.
Who can open it
Salary transfer
Not required
Fees and balance
What you pay each month is decided at customer level. ADCB Islamic Banking adds up your relationship and charges one fee for it. A savings balance counts, so keeping AED 20,000 or more across your accounts, deposits and investments brings the fee to zero. The fee is also waived for a salary of AED 15,000 or more credited directly, and for a smaller salary held together with a credit card or finance from ADCB Islamic Banking. Otherwise it is AED 25 a month for customers who transfer a smaller salary and AED 100 a month for other Aspire customers. An account closed after 30 days and before six months costs AED 105.
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
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 10
profit over 1 year
0.1%
a year
profit earned over time
ADCB Islamic Banking works the profit out monthly on your minimum balance, which is the lowest point your balance reached in the month. A single large withdrawal therefore lowers the profit for that whole month. Payment is made into the account, as long as it has not been closed before the payout.
Benefits
Debit Card
A debit card is available on dirham accounts.
TouchPoints on Balances
TouchPoints are awarded on average monthly balances of AED 25,000 and above.
Free E-Statements
Statements within the statement cycle are free.
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.
Application steps
1.Residents: prepare your passport, Emirates ID and a salary certificate. Expatriates need a residence visa valid for more than 30 days.
2.Non-residents: prepare your passport, visit visa copy with entry stamp, a three-month stamped bank statement and a letter of introduction from an ADCB customer.
3.Start the application online on the ADCB Islamic savings accounts page.
4.Fund the account with the AED 5,000 opening amount.
Good to know
Good option for
A first Sharia-compliant savings account with card access, or the base account needed to open ADCB Islamic's add-on savers.
Consider another account if
You want a higher expected return. The ADCB Islamic Active Saver calculates profit on your daily balance and pays monthly.
Frequently asked questions
Get answers to common questions about the ADCB Islamic Savings Account