How To Open an Account In Dubai Islamic Bank

Did you know? Dubai Islamic Bank (DIB) is the pioneer of the first full-fledged Sharia-compliant bank in the world, with millions of customers in the UAE and other countries. DIB can cater to your financial needs as a resident, non-resident and business owner through their different varieties of Islamic banking products.

Dubai Islamic Bank was simple to join, and this was after the introduction of digital banking and easy customer service. This tutorial takes you through every step, criterion and advantage of opening a DIB account in the year 2025.

Table of Contents

Types of Accounts

Dubai Islamic Bank provides a large variety of types of accounts according to various customer requests:

Savings Account – Earn profits based on Islamic principles.
Current Account – Ideal for everyday transactions.
Investment Deposit Account – Fixed-term account with expected profit.
Payroll Account – For salaried employees.
Children’s Savings Account – For minors and education planning.
Business Accounts – For companies and commercial use.

All accounts have an Islamic banking mechanism behind them, maintaining Riba-free (interest-free) initiatives.

Eligibility Criteria

To open an individual account at Dubai Islamic Bank (DIB), you must be at least 18 years old and hold a valid UAE residence visa if you are a resident.

A non-resident can also open some of the types of accounts, whereas to open a corporate account business should be registered in the UAE and have a valid trade license.

Required Documents

Here’s what you typically need to open an account:

For Individuals:

Applying to open an individual account, which requires you to present the original passport, a valid Emirates ID, the page of the visa (in case it is an expatriate), a salary certificate or income proof of some accounts, as well as a utility bill in case of address verification.

For Businesses:

To open a business account, you require a valid trade license, a copy of the memorandum of association(MOA), a copy of passports and Emiraties ID of all partners in the company and company bank statements of the company.

Step-by-Step Process

Choose the account that suits your needs.
Go to a DIB branch or online application through the DIB website.
Submit your documents and fill out the application form.
Wait for verification and the KYC (Know Your Customer) process.
Once you are approved, you get your account number, chequebook and debit card.

Some accounts are activated within 24–48 hours after approval.

Online Account Opening

The DIB experience is entirely digitised via the Mobile App and on the official site.

Steps:

Download the DIB Mobile App.
Register with your Emirates ID and phone number.
Fill in your details and upload the required documents.
Select account type and submit the form.

It takes just a few minutes to open your account, as long as you have all the documents.

Minimum Balance & Charges

Here are general guidelines (may vary by account type):

Account Type	Minimum Balance	Monthly Fee (if balance not maintained)
Savings Account	AED 3,000	AED 25
Current Account	AED 3,000	AED 25
Payroll Account	No minimum	No fee
Investment Deposit	Varies (e.g., AED 10,000)	Based on terms

Note: For the latest fees, visit: DIB Schedule of Charges

Benefits of DIB Accounts

Interest-free banking, where all the services are focused on Islamic finance.
Flexible free online and mobile access to its banking services, and access to an array of more than 500 ATMs in the UAE.
High profit rates on savings and investments, international remittance and multi-currency contribution.

Account Comparison

Feature	Savings Account	Current Account	Investment Deposit	Payroll Account
Profit Earned	Yes	No	Yes	No
Cheque Book	Optional	Yes	No	No
Minimum Balance	AED 3,000	AED 3,000	AED 10,000+	None
Account Purpose	Savings	Daily use	Long-term savings	Salary deposit
Online Access	Yes	Yes	Yes	Yes

Conclusion

Dubai Islamic Bank helps individuals and small businesses to finance their operations conveniently and Sharia-compliantly. Opening an account with a DIB account in 2025 is a breeze, with different account options, digital solutions, and user-friendly services; there is little commission to open the accounts.