Emirates Islamic Kunooz Millionaire Account

Entries scale with your saved balance and vary by draw: for example, every AED 5,000 saved gives one entry into the monthly draw, and every AED 1,000 gives one entry into the weekly draw. See the current terms and conditions for the full breakdown.

Yes, there's no lock-in period and funds stay fully accessible, though withdrawals reduce your prize draw entries proportionally.

Mudaraba is the Shariah-compliant profit-sharing partnership behind Kunooz. You earn a small indicative quarterly profit on your minimum monthly balance, on top of the prize draw entries.

Yes, to UAE residents and non-residents, including minors opened by a guardian.

Quarterly, typically by the 28th of the month following each quarter, once ALCO declares the rate.

Yes, a free debit card is included. The monthly fee is waived for ALPHA Youth accounts, Select or Classic accounts with salary transfer, or Advantage accounts with an average balance of AED 100,000 or more.