Child under 18
The account converts to a standard Savings Account on the child's 18th birthday.
ruya Kids Savings Account
ruya Kids Savings is a Sharia-compliant account for a child under 18, run by the father or legal guardian, with a debit card and no minimum balance.
An existing account with Ruya is required, such as ruya Current Account.
At a glance
Key facts
Annual Rate1.18% profit, declared for Q3 2026
Minimum BalanceNo minimum balance
Age RangeUnder 18
ruya Kids Savings is a savings account opened for a child by the father or legal guardian. The adult runs it through the ruya app until the child turns 18 and can top it up remotely. A debit card in the child's name can be issued if you apply for one, and the guardian is responsible for how it is used. There is no cheque book, no opening deposit and no minimum balance.
The adult must be a ruya customer first. If you are new to the bank, you complete ruya's normal sign-up and then add the child's account in the app. It is the children's version of the ruya Savings Account.
Who can open it
Father or legal guardian who banks with ruya
ruya checks the relationship from identity documents or a Shari'ah or civil court order.
Fees and balance
Minimum balance
None
Minimum opening amount
None
In plain words
- Opening amount and minimum balance
- The opening amount (AED 0) is what you pay in to start the account. The minimum balance is what you keep in it afterwards. More on this
Profit
How profit works
Declared forQ3 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
- Declared rate
- The bank announces the profit rate for each period after the period ends. The rate shown is the one announced for Q3 2026. More on this
What your money earns here
Held for
1 year
Uses the rate declared for Q3 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 118
profit over 1 year
1.18%
a year
profit earned over time
Like ruya's adult savings account, this one is based on Mudaraba: ruya invests the money in Sharia-compliant activities and shares the profit with the account holder. Profit follows the investment results, so it is not fixed in advance and is not guaranteed.
Benefits
Debit Card in the Child's Name
A debit card for the child, usable within set transaction limits.
Full Parental Control
The father or legal guardian operates and monitors the account until the child turns 18.
Remote Top Up
Add money to the child's account through the ruya app.
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.Open your own ruya account first if you are not yet a customer.
2.In the ruya mobile app, select Minor Account.
3.Upload the main page of the child's passport, plus the Emirates ID for a UAE national child or the visa page for an expatriate child.
4.Add the Shari'ah or civil court document if you are the legal guardian and not the father.
5.Enter the child's mobile number and email if they differ from yours, and confirm whether the child is taxed outside the UAE.
Good to know
Good option for
Parents or guardians who bank with ruya and want a Sharia-compliant place to build a child's savings, with a card they stay responsible for.
Consider another account if
You are not the child's father or legal guardian, or you do not want to open a ruya account yourself. Compare other Islamic accounts.
When the child turns 18
ruya sends reminders 90 days and 30 days before the child's 18th birthday. On that date the account converts to a standard Savings Account and is paused until the bank has completed its sign-up checks on the new adult. After that the young person runs the account alone, the guardian's access ends and the old debit card is cancelled.
Frequently asked questions
Get answers to common questions about the ruya Kids Savings Account