Minimum balance
None
DIB Al Islami E-Savings Account
DIB Al Islami E-Savings Account is an online-only savings account for existing DIB customers, with no balance requirement and quarterly Mudaraba profit.
An existing account with DIB is required, such as DIB Al Islami Current Account.
At a glance
Key facts
Minimum BalanceNo minimum balance
Account TypeIslamic
The E-Savings Account is a dirham savings account that exists only in DIB's online and mobile banking. You cannot open it as a new customer. You need an active Al Islami Current, Savings or 2-in-1 account first, plus access to online or mobile banking, and you open it yourself from there. It has no balance requirement, so there is no fee for keeping a small amount in it. Like the branch-based Al Islami Savings Account, it shares profit under Mudaraba, where the bank invests depositors' money in a pool and divides the net result. E-Savings balances carry a larger weighting in that pool than standard savings balances.
Fees and balance
Fall-below fee
Free
Profit
How profit works
PayoutQuarterly
Calculated onAverage monthly balance
Declared forQ2 2026
- No profit is calculated for a month if the minimum balance drops below AED 1,000 or more than 1 withdrawal is made in that month.
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 your average balance across the month, so money held for only part of the month counts in proportion. 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
No profit is calculated for a month if the minimum balance drops below AED 1,000 or more than 1 withdrawal is made in that month.
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
No rate is fixed ahead of time, because the figure depends on what the investment pool earned. If either profit rule is broken, the account is treated as a current account for that month and gets no profit. So it works for money you move in from your main account and leave alone, taking it out in a single withdrawal when it is needed.
Benefits
Online Account Opening
Opened and managed in DIB online and mobile banking by existing account holders.
Online Bill Payments
Pay utility and telecom bills through online and mobile banking.
Shariah-compliant
Banking model
How to open
Before you apply
1.Open in the app.
2.An existing account with the bank is required.
3.No minimum balance.
Application steps
1.Hold an active Al Islami Current, Savings or 2-in-1 account with DIB.
2.Log in to DIB online banking or mobile banking.
3.Open the E-Savings Account from there. It is offered to existing account holders only.
4.Check that your Emirates ID, passport and residence visa are valid for at least 30 days when you apply.
Good to know
Good option for
Existing DIB customers who want to set spare dirhams aside for profit without a balance fee, and who manage their banking online.
Consider another account if
You are not yet a DIB customer, you want to save in a foreign currency, or you need more than one withdrawal a month from your savings.
Frequently asked questions
Get answers to common questions about the DIB Al Islami E-Savings Account