Minimum age
8 years
ADIB Amwali Account
ADIB Amwali Account is a savings account with its own app and debit card for UAE-resident children aged 8 to 18, opened and supervised by a guardian.
At a glance
Key facts
Account TypeIslamic
Age Range8–18 years
Holding CurrencyAED
Account access
Debit card included.
For UAE-resident children aged 8–18. Opened and operated by the legal guardian or custodian through the ADIB mobile app; operational ownership transfers at age 18.
Open in the app.
ADIB Amwali is a first bank account for children and teenagers, set up so the child uses it and the parent watches over it. A legal guardian or custodian opens it in the ADIB mobile app for a UAE-resident child aged 8 to 18. The child then gets their own Amwali app and debit card. They can receive allowances and gifts, track spending, send money for free to friends who also have Amwali, and build savings in separate Amwali Goal Accounts. The guardian sees the account, sets the card's limits and approves the child's online transactions from their own ADIB app. The account is a Mudaraba savings account in AED and is for personal use only.
Who can open it
Residency
UAE resident
Ages 8 to 18
Available to UAE-resident children between 8 and 18 years old.
Guardian opens the account
Only the legal guardian or custodian can apply, through the ADIB Mobile App.
Fees and balance
Amwali is never charged a fall-below fee, even when the balance reaches zero. The first debit card is free, and a replacement card is charged. Transfers to other Amwali accounts are free, while transfers to other accounts follow ADIB's standard transfer charges and daily limits. Cash withdrawals at ADIB ATMs are free within the limit the guardian sets. Closing the account within 6 months of opening costs AED 105.
Fall-below fee
Free
Account closure fee
AED 105
Charged only within 6 months of opening.
In plain words
- 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. More on this
Profit
A minimum of AED 5,000 qualifies for profit, paid on the first day of the following calendar month.
How your profit is worked out
Amwali shares profit under Mudaraba: the bank invests the balance and passes on a share of what is achieved. The balance has to be at least AED 5,000 to qualify. Profit is calculated monthly and paid on the first day of the following calendar month. Pocket-money balances under AED 5,000 earn nothing, so at that level the account is a tool for learning to spend and save, not a source of profit.
Benefits
Amwali App for the Child
A separate app where the child tracks balance and spending
Parental Controls
Guardians monitor the account and set debit card limits
Amwali Debit Card
Debit card for the child, with the first card issued free
Free Amwali Transfers
No charge for transfers to other Amwali accounts
Shariah-compliant
Banking model
How to open
Before you apply
1.For UAE-resident children aged 8–18. Opened and operated by the legal guardian or custodian through the ADIB mobile app; operational ownership transfers at age 18.
2.Open in the app.
3.Debit card included.
Application steps
1.Open your ADIB Mobile App and apply for an Amwali account. If you are not yet an ADIB customer, open your own account in the app first.
2.Upload your child's Emirates ID, passport and visa copy.
3.Wait for the account to be verified and activated. The welcome pack is delivered to your address.
4.Download the ADIB Amwali App on your child's device.
5.Scan the QR code shown in your ADIB Mobile App with the child's Amwali App to authorise their registration.
Good to know
Good option for
Parents who already bank with ADIB, or are willing to open an account there, and want a child aged 8 or over to handle a card and app under supervision.
Consider another account if
Your child is under 8, or you want a savings pot that only you operate. ADIB Banoon is run by the adult and is open to any child under 18.
What happens at 18
The guardian operates the account until the child turns 18. ADIB notifies the guardian 60 days before that birthday, and at 18 full operation and ownership of the account pass to the young adult automatically.
Frequently asked questions
Get answers to common questions about the ADIB Amwali Account