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- Company Formation
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- Compliance
- Office Solutions
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About Us
- WhatsApp Community
Are you looking for a savings account that aligns with your values and offers steady profit-sharing? The ADIB Saving Account could be the ideal choice. Based on the Islamic principle of Mudarabah, this account offers ethical banking combined with innovative savings features. Whether you're a UAE resident, a GCC national, or an expatriate, the ADIB Saving Account provides a secure, Shariah-compliant platform to manage and grow your money.
In this article, we'll walk you through the ADIB Saving Account benefits, requirements, profit distribution, and eligibility while answering common questions about the ADIB savings account minimum balance and profit rate.
The ADIB Saving Account is based on Islamic banking principles, particularly the principle of Qard Hasan—a benevolent loan where the bank holds your funds in trust without paying or charging interest. This account provides flexibility, security, and convenience, making it suitable for salaried individuals, business owners, and anyone seeking ethical banking alternatives.
ADIB savings accounts adhere to Islamic banking principles. Therefore, they don’t pay traditional interest. Instead, they offer profit-sharing based on the Shariah-compliant Mudarabah principle. The profit rate is 0.50%* for all supported currencies—AED, USD, EUR, and GBP.
The account requires a minimum balance to avoid monthly maintenance charges, which vary based on the currency. Also, account holders receive periodic profit distributions, typically every quarter, depending on the bank’s performance.
The ADIB Saving Account is built on the Mudarabah principle, where the customer (you) acts as a capital provider, and the bank is the manager (Mudarib) of those funds. Profits are distributed according to a pre-agreed ratio and shared every month.
Here are the primary ADIB saving account benefits:
The ADIB Savings Account adheres to Islamic banking principles. Your money is invested based on Mudarabah, and profits are shared monthly between you and the bank as agreed.
To keep your ADIB Saving Account active, you need to maintain a balance of at least AED 3,000. This helps avoid extra charges and keeps your account running smoothly.
You can open your ADIB Savings Account in various currencies, including the Dirham, US Dollar, Euro, or British Pound, making it ideal for international savings or travel needs.
You’ll get a free Visa Debit Card with your ADIB Saving Account. Use it safely for shopping, ATM withdrawals, and online purchases, both locally and internationally.
Enjoy complete control of your ADIB account at any time. Check your balance, transfer money, or pay bills through easy-to-use online and mobile banking platforms from anywhere.
Your ADIB debit card comes with daily limits for ATM withdrawals and shopping. This helps you manage spending safely and protects your money from misuse or fraud.
As a new ADIB saver, you may enjoy special offers or bonuses for a limited time. These promotions reward you for starting your savings journey with ADIB.
The ADIB Saving Account is available to a wide range of customers, including UAE nationals, GCC nationals, and both resident and non-resident expatriates. It is open to salaried individuals, self-employed professionals, and non-salaried individuals. The account is direct to open and adheres to Islamic banking principles, ensuring a safe and transparent way to save money.
To open an ADIB Saving Account, you’ll need to submit the following documents :
A completed ADIB account opening form
A valid passport copy, residence visa, and Emirates ID (originals must be presented for verification)
A recent salary certificate addressed to ADIB (issued within the last 30 days) or valid proof of income for non-salaried individuals
Note : Depending on your profile, Saving account ADIB may request additional documents.
Dhanguard will assist you throughout the entire documentation process, making it smooth and convenient.
The ADIB Saving Account is more than just a savings solution—it's a commitment to ethical, Shariah-compliant banking to modern financial needs. With a consistent ADIB savings account profit rate of 0.50% across AED, USD, EUR, and GBP and a required minimum ADIB savings account balance of AED 3,000* to earn monthly profits, this account offers value. Whether you're a UAE national, an expat, a salaried professional, or an entrepreneur, ADIB provides a reliable platform to grow your savings ethically.
With Dhanguard by your side, opening your ADIB Saving Account is convienct—we assist you throughout the process, from document preparation to ensuring compliance with bank requirements.
Contact Dhanguard today for more details and personalized assistance.
Yes, maintenance fees apply. The ADIB Business Elite Account incurs a 25 AED fee, the Business Premium Account is 100 AED, and the Business One Account is 250 AED per month. However, there's no monthly maintenance fee for the ADIB Merchant Account.
Certainly, with the ADIB Business Elite Account, you're allocated a dedicated relationship manager to assist with your banking requirements.
ADIB Business accounts can be opened in AED as well as other major currencies.
Yes, ADIB reports all credit history to the business credit bureau.
Typically, ADIB processes applications within one to two weeks.
Absolutely, ADIB maintains the confidentiality and security of personal information, ensuring customers' peace of mind.
E-banking with ADIB allows convenient, round-the-clock banking transactions.
Yes, you can initiate the process through the official ADIB website. Simply click on the 'apply now' button, fill out the required details, and submit your application. A bank representative will then follow up within a few working days to progress your application.
