Last Updated on 29 December 2025
Your details are safe and secured
Credit Bureau Consent, Welcome Offer & General Terms & Conditions
I hereby acknowledge and agree to allow Citibank to share my details with any UAE credit bureau and make enquiries about me with any UAE credit bureau at its sole and absolute discretion. I agree to the Terms and Conditions listed below. Citibank Terms and Conditions apply, are subject to change without prior notice and are available upon request. For the current Terms and Conditions, please visit our website www.citibank.ae. All offers are made available on a best-effort basis and at the sole discretion of Citibank, N.A. Citibank, N.A. makes no warranties and assumes no liability or responsibility with respect to the products and services provided by partners/other entities. By inquiring about our services, offers or products, you will be authorizing our representatives to approach you on your contact details including your telephone/mobile number for any product or service offered by Citibank. The applicant agrees to be bound by Citibank’s General Terms and Conditions available on the website www.citibank.ae. The applicant hereby represents and warrants that the information provided herein is true, accurate, and complete and that he/she agrees to remain responsible for and to indemnify Citibank, N.A. from and against any losses, claims and/or liabilities incurred by Citibank NA as a result of having relied on such information. Citibank, N.A. is not required to verify the information provided by the applicant and neither is the bank obliged to provide the applicant with any loans or credit facilities based on the provided information. The products and services mentioned on this website are not offered to individuals resident in the European Union, European Economic Area, Switzerland, Guernsey, Jersey, Monaco, San Marino, Vatican, The Isle of Man or the UK. This page is not, and should not be construed as, an offer, invitation or solicitation to buy or sell any of the products and services mentioned herein to such individuals.
Thank you for providing your details.
Dubai Islamic Bank Al Islami E-savings Account
Al Islami E-savings Account
Features
- Online Account Opening: The entire account setup process is designed to be completed online, ensuring a seamless digital experience.
- Exclusive to Existing Customers: This account is specifically available for Dubai Islamic Bank’s existing customer base, streamlining verification and setup.
- Competitive Expected Profit Rates: It is an expected profit-earning account, providing an opportunity to generate returns on savings under a quarterly profit-sharing model.
- Initial Investment Threshold: To start earning profit, a minimum initial investment of AED 1,000 is specified.
- Electronic-Only Focus: The account is heavily optimized for digital and electronic use, significantly minimizing the need for branch visits.
- Profit is credited to the account on a quarterly basis. Profits will not be paid if the customer makes more than one Online Banking debit transaction per month. Customer will be eligible for profit only if a minimum balance of AED 1,000 per month is maintained
- There is no monthly fees on this account.
- This account can only be opened in AED.
- You require a minimum balance of AED 1000 to open this account.
- Profit is credited to your account on quarterly basis.
Main Benefits
- The primary appeal of the Al Islami E-Savings Account lies in its efficiency and dedicated focus on the electronic customer experience.
- High Convenience and Accessibility: Account access is guaranteed from anywhere in the world via online and mobile banking solutions, placing your financial management entirely in your hands.
- Optimized Cost Structure: The design of the product, with its online-first approach, suggests a streamlined, potentially lower-cost structure, which translates to better expected returns for the saver.
- Comprehensive Bill Payment Facility: Enjoy the convenience of settling a wide range of utility and service bills directly from the account, making it a central hub for financial obligations. This includes major services across Telecom (Etisalat & Du), Utilities (DEWA, SEWA, FEWA, ADDC, Emicool), Government (RTA, DED, Noqodi, Trakhees), Airlines (Air Arabia, flydubai), and Property (EMAAR).
- Free Monthly E-Statements: The account supports paperless administration by providing free monthly E-statements, enhancing both convenience and environmental responsibility.
Frequently Asked Questions
Q. How often is the expected profit paid out?
A. The profit on the Al Islami E-Savings Account is calculated based on the average monthly balance and is paid based on the announced profit on a quarterly basis.
Q. Is there a minimum balance required to be eligible for profit?
A. Yes. No profit is calculated for any month where the minimum balance drops below AED 1,000/-.
Q. What is the rule regarding withdrawals?
A. To be eligible for profit in any given month, you must limit your withdrawals. No profit is calculated for a month if there is more than one withdrawal transaction done (via Teller or Electronic Channels).
Q. What happens if I violate the minimum balance or withdrawal rules?
A. If either of the two profit conditions (minimum balance or withdrawal limit) is violated in a month, the account is treated as a Current Account and will not be entitled to participate in the generated profits for that period.
Q. Who can open this account?
A. The Al Islami E-Savings Account is available for existing Dubai Islamic Bank customers only.
Q. How do I manage the account?
A. The account is managed digitally through online and electronic banking solutions, offering 24/7 access to your funds and services.
Q. Will I need to visit a branch?
A. Branch visits are nearly eliminated. The bank specifies that the only reason you would need to visit a branch is to use a Cheque Deposit Machine located at Dubai Islamic Bank branches.
Dubai Islamic
Dubai Islamic Bank (DIB), established in 1975 is the pioneer of Islamic banking that has seen a phenomenal growth. The Bank since inception has remained customer-centric organization, where honesty and customized personal service form the basis of all relationships. Though sticking to its root traditions, the bank equally blends with the commitment of innovation, flexibility, and modernity. Every customer of the bank is provided with comprehensive solutions for any financial need.
The bank works with the vision of providing unsurpassed customer service and becoming the world’s largest Islamic banking corporation.
Get in touch with Dubai Islamic Bank Customer Care