Minimum salary
No minimum
ADCB Islamic Special Savings Account
ADCB Islamic Special Savings Account shares profit on your average daily balance, declared at 0.1% a year and paid quarterly. It has no debit card.
At a glance
Key facts
Monthly FeeFree to AED 100/month
Minimum SalaryNo minimum salary
Profit PayoutQuarterly
The ADCB Islamic Special Savings Account is a Sharia-compliant savings account with two features that set it apart from the standard ADCB Islamic Savings Account. First, profit is based on your average daily balance instead of the lowest balance of the month. Second, it can be held in major foreign currencies as well as dirhams. The trade-off is access: it comes with no debit card and no cheque book, so money moves by transfer. Residents and non-residents can both open one, and the opening amount is AED 5,000.
Who can open it
Salary transfer
Not required
Fees and balance
This account does not have its own monthly charge. ADCB Islamic Banking prices the customer, not the account, through a relationship fee. Add together the average balances of your current and savings accounts, your deposits and your investments. If the total is AED 20,000 or more, there is no fee. There is also none if a salary of AED 15,000 or more is credited directly, or if a smaller salary comes with a credit card or finance from ADCB Islamic Banking. Failing all three, a customer transferring a smaller salary pays AED 25 a month and other Aspire customers pay AED 100. If you close the account once 30 days have passed but before six months, the charge is 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 onDaily average balance
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 average of your daily balances, so every day's balance counts equally. 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
The calculation uses the daily net average balance, taken from each day's closing balance. A day when the balance dips reduces the average a little, where a minimum-balance account would count the dip for the whole month. Profit is not guaranteed.
Benefits
Major Currencies
Available in dirhams and other major currencies.
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.No debit card included.
Good to know
Good option for
Savers who want a Sharia-compliant account in a major foreign currency, or whose balance moves during the month and who do not need a card.
Consider another account if
You want to pay or withdraw cash directly from your savings. This account has no debit card.
Frequently asked questions
Get answers to common questions about the ADCB Islamic Special Savings Account