Abu Dhabi Islamic Bank (ADIB) is a top Islamic bank in the UAE. Since it started in 1997, ADIB has been providing Sharia-compliant financial services. They serve over one million customers and offer various banking solutions for personal, business, and corporate needs. Opening an Abu Dhabi Islamic Bank (ADIB) account is easy and beneficial. ADIB is known for focusing on customers and following Islamic banking rules. They offer different types of accounts for individuals and businesses. This guide will show you the entire process of ADIB account opening, what documents you need, and the benefits of banking with ADIB.
Types of Accounts Offered by ADIB
ADIB provides different accounts to meet various financial needs. Here are the main types of accounts you can open:
1. Personal Accounts
2. Business Accounts
Here are the Top Personal Accounts Offered by ADIB
1. Current Account
Benefits:
- Free unlimited teller transactions at over 60 branches across the UAE.
- Free ADIB Visa Debit Card.
- Free first chequebook.
- ADIB Mobile Banking App.
- Instant overdraft facility (minimum AED 8,000 salary transfer required).
- Standing instructions for automatic payments.
- 24-hour banking services via mobile app, internet, telephone, and SMS banking.
- Choice of currency (AED, USD, GBP).
- Free e-statements.
Documents Required:
- Original Passport (for UAE Nationals & Residents).
- Valid Emirates ID.
- Valid UAE residence visa.
- Minimum salary of AED 5,000.
2. Savings Account
Benefits:
- Free unlimited teller transactions at over 60 branches in the UAE.
- Free ADIB Visa Debit Card.
- Expected quarterly profits, credited every quarter.
- ADIB Mobile Banking App.
- 24-hour banking services (internet, telephone, SMS).
- Standing instructions for automatic payments.
- Free e-statements.
- Choice of currency: AED, USD, GBP.
Documents Required:
- Passport (for UAE Nationals, Residents, Non-Residents).
- Valid Emirates ID (for UAE Nationals & Residents).
3. Ghina Savings Account
Benefits:
- AED 1 million monthly grand prize.
- Free ADIB Visa Debit Card.
- Expected quarterly profits.
- 24-hour banking services (e.g., mobile, internet, telephone, SMS).
- Automatic payments via standing instructions.
Documents Required:
- Original passport (for UAE Nationals, Residents, Non-Residents).
- Valid Emirates ID (for UAE Nationals & Residents).
- An initial deposit of AED 20,000.
4. Ghina Salary Account
Benefits:
- AED 1 million monthly grand prize.
- Free ADIB Visa Debit Card and chequebook.
- Expected monthly profits are credited quarterly.
- Access to ADIB Mobile Banking App and 24-hour banking services.
- Standing instructions for automatic payments.
Documents Required:
- Original passport and valid Emirates ID (for UAE Nationals & Residents).
- Salary certificate from the employer with a minimum salary of AED 8,000.
5. Banoon Children’s Savings Account
Benefits:
- Free Darhoom Prepaid Card.
- No minimum balance is required.
- Expected quarterly profits.
- Unlimited cash withdrawals through tellers.
- Free SMS services.
Eligibility:
- UAE Nationals and Residents.
- Children below 18 years.
- Mother can open under the Hiba contract; Father under the Mudarabah contract.
Documents Required:
- Parent’s passport/ID.
- Child’s passport/ID.
- Valid visa for expatriates.
- AED 1000 as the opening balance.
Here are the Top Business Accounts Offered by ADIB:
1. ADIB Business Elite Account
Benefits:
- Dedicated Relationship Manager.
- Free 15 monthly teller transactions.
- Free Business Platinum Debit Card.
- Available in various currencies.
- Personalised ADIB Business Platinum Chequebooks.
- ADIB Direct online platform.
- Preferred rates on FX.
- Free monthly e-statements.
- Variety of investment account solutions.
- Dedicated ADIB Business Centres.
Documents Required:
- Trade License / Share Certificate / Incorporation Certificate.
- Signer Passport & Original Emirates ID.
- Partners Passport & Emirates ID.
- MOA.
- POA (if applicable).
- Entity Address Proof.
- Personal Address Proof.
Eligibility:
- Minimum monthly average relationship balances greater than AED 750,000 or equivalent.
- Monthly Maintenance Fee: AED 125/per account.
2. ADIB Business Premium Account
Benefits:
- Free 7 monthly teller transactions.
- Free Business Gold Debit Card.
- Special ADIB Business Gold Cheque Books.
- Available in different currencies.
- ADIB Direct online platform.
- Free monthly e-statements.
Documents Required:
- Trade License / Share Certificate / Incorporation Certificate.
- Signer Passport & Original Emirates ID.
- Partners Passport & Emirates ID.
- MOA.
- POA (if applicable).
- Entity Address Proof.
- Personal Address Proof.
Eligibility:
- Minimum monthly average relationship balances greater than AED 250,000.
- Monthly Maintenance Fee: AED 350.
3. ADIB Business One Account
Benefits:
- Free 3 monthly teller transactions.
- Free Business Classic Debit Card.
- Business Classic Chequebooks.
- Available in different currencies.
- ADIB Direct online platform.
- Free monthly e-statements.
Documents Required:
- Trade License / Share Certificate / Incorporation Certificate.
- Signer Passport & Original Emirates ID.
- Partners Passport & Emirates ID.
- MOA.
- POA (if applicable).
- Entity Address Proof.
- Personal Address Proof.
Eligibility:
- Minimum monthly average relationship balances greater than AED 5,000.
- Monthly Maintenance Fee: AED 450.
4. ADIB Merchant Account
Benefits:
- Free 3 monthly teller transactions.
- Free Business Classic Debit Card.
- Business Classic Cheque Books.
- Available in AED currency only.
- ADIB Direct online platform for online banking.
- Free monthly e-statements.
Documents Required:
- Trade License / Share Certificate / Incorporation Certificate.
- Signer Passport & Original Emirates ID.
- Partners Passport & Emirates ID.
- MOA.
- POA (if applicable).
- Entity Address Proof.
- Personal Address Proof.
Eligibility:
- Businesses using ADIB Point-of-Sale (POS) machines.
- Monthly Maintenance Fee: AED 100 (waived if minimum monthly average balance > AED 200,000).
ADIB Account Opening Requirements
For opening an ADIB Bank Account, you generally need to provide:
- Passport and Emirates ID (for UAE Nationals & Residents)
- Trade License / Share Certificate / Incorporation Certificate (for business accounts)
- Proof of address
- Initial deposit (varies by account type)
- Additional documents like MOA and POA may be required depending on the account type
Note: Please check the documentation requirements with the banking institution beforehand.
ADIB Minimum Salary To Open Account
The minimum salary required to open an ADIB account varies by account type:
- Current Account: AED 5,000
- Ghina Salary Account: AED 8,000
The requirements can differ for specific account types. For the most accurate information, it’s best to check the detailed requirements on the ADIB website.
How to Open ADIB Bank Account in UAE?
Offline:
You can also open a bank account at the nearest ADIB branch.
Through Phone:
Another way to open a bank account in Dubai, UAE, is by phone. You can contact an ADIB representative at:
- Call 02 6578777 (Inside UAE)
- Call +971 2 6578777 (Outside UAE)
ADIB Online Account Opening
To open an ADIB account online, you can simply follow these steps:
- Visit the official website of ADIB.
- Choose any of the bank account types from the navigation bar.
- On your desired account page, click “Apply Now”.
- You can do the next steps by downloading the ADIB application from playstore and iOS.
- You can simply navigate by following the on-screen instructions and apply for the account.
Final Takeaway:
So that was all about the ADIB account opening. This guide lets you easily open an Abu Dhabi Islamic Bank account and enjoy Sharia-compliant banking services. For more details, visit the ADIB website or call their customer service.
Bonus Info: Abu Dhabi Islamic Bank also offers some amazing credit cards tailored to your needs. To learn more about these cards, check out our comprehensive guide, which covers everything you need to get started.
Frequently Asked Questions (FAQs):
Q. What is the minimum salary for opening an ADIB account?
To open an account, you need a minimum salary of AED 3,000. For an overdraft facility, you need a minimum salary of AED 8,000.
Q. What is an ADIB Savings Account?
An ADIB Savings Account allows you to access your savings whenever needed and offers expected quarterly profits.
Q. What type of bank is ADIB?
ADIB is a leader in Islamic banking. Headquartered and listed in Abu Dhabi, ADIB was established in 1997 as the first Islamic bank in Abu Dhabi.
