Whether someone is willing to manage his finances or business, Banks are useful and peaceful options. Dubai Islamic Bank is a reputable first Islamic bank that creates trust among customers in the UAE. It was established in 1975 and provides financial solutions that are aligned with Islamic principles. Furthermore, the dedication of the Bank to customer satisfaction and Sharia-compliant banking enhances the experience of everyone. In this detailed blog, we will try to explore different services, account opening methods, and branches of Dubai Islamic Bank.
Services Offered by Dubai Islamic Bank
| Service | Fees (AED) | Notes |
| Account Maintenance Fee | Free | For current and savings accounts |
| Minimum Balance Requirement | 3,000 AED (for most accounts) | May vary depending on the account type |
| Below Minimum Balance Charge | 25 AED per month | Charged if balance falls below the required minimum |
| Current Account Cheque Book | 25 AED for subsequent chequebooks | 25 AED for subsequent cheque books |
| ATM Cash Withdrawal | Free (DIB ATMs) | 2 AED per transaction at non-DIB ATMs in UAE |
| International ATM Withdrawal | 20 AED per transaction | For withdrawals outside the UAE |
| Local Fund Transfer (within UAE) | 1 AED to 10 AED | Charges vary by method of transfer |
| International Fund Transfer | 75 AED to 100 AED | Based on destination and amount |
| Debit Card Replacement | 26.25 AED | Including VAT |
| Credit Card Annual Fee | 315 AED to 2,100 AED | Depends on the card type (e.g., Platinum, Infinite) |
Business Banking
Dubai Islamic Bank allows customers to experience different business accounts like the Business Current Account and Business Plus Account. Moreover, in this bank, you can also avail of the option of services like Business Finance, Corporate Cards, and treasury services.
Personal Banking
The Bank offers an extensive range of current and savings accounts like the Al Islami Current Account and the Al Islami Savings Account. In DIB, customers can avail of the option of investment accounts that help if they invest in a Sharia-compliant manner. Moreover, you can also experience wealth management services in this Islamic bank.
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Dubai Islamic Bank Branches in the UAE
| City | Branch | Contact No | Operating Hours |
| Dubai | DIB – Main Branch | +971 4 609 2222 | Sun-Thu: 8 AM to 3 PM, Fri: Closed |
| Dubai | DIB – Deira Branch | +971 4 295 0111 | Sun-Thu: 8 AM to 3 PM, Fri: Closed |
| Abu Dhabi | DIB – Khalidiya Branch | +971 2 681 0000 | Sun-Thu: 8 AM to 3 PM, Fri: Closed |
| Abu Dhabi | DIB – Al Ain Branch | +971 3 751 7777 | Sun-Thu: 8 AM to 3 PM, Fri: Closed |
| Sharjah | DIB – Al Wahda Branch | +971 6 569 4411 | Sun-Thu: 8 AM to 3 PM, Fri: Closed |
| Ajman | DIB – Ajman Branch | +971 6 746 2211 | Sun-Thu: 8 AM to 3 PM, Fri: Closed |
Dubai Islamic Bank Account Creation: A Step-by-Step Process
Branch
If someone wants to create an account with Dubai Islamic Bank, visit their physical branch as this method is reliable and peaceful.
Choose Your Preferred Branch: For account creation purposes, you need to choose the nearest DIB branch in the UAE. Furthermore, for this purpose, you can use the Dubai Islamic Bank website or Google Maps.
Gather Required Documents: Before visiting the branch, remember to gather all required documents like Emirates ID, Salary Certificate, and Visa Copy. Moreover, Proof of Address and Passport (original and copy) is important to open an account.
Speak to a Customer Service Representative: Visit the branch during working hours and ask the representative of the bank if you are willing to create an account.
Choose Account Type: After that, you have to select the account type that you are looking to create with DIB. In this Islamic bank, the most preferred options of accounts are Savings, Current, and Investment among customers.
Fill Out the Account Opening Form: After selecting the type of account, take the form and fill it out by providing your Full name, contact details, and nationality. Always remember to provide the correct residential address and Date of Birth.
Submit Required Documents: After filling out the application form, here you have to hand over the required documents to the representative.
Verification Process: The representative of the Dubai Islamic Bank will verify your documents to ensure they are accurate.
Receive Account Details: At last, when your account is approved the bank will provide your account number, IBAN, and other details.
Activate Your Account: When you receive your details, you can get activation confirmation via SMS or email from the bank.
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FAQs
Can users create an account with the Dubai Islamic Bank Via Branch visit?
Yes, If anyone is eyeing to create an account with Dubai Islamic Bank then visit their physical branch in the UAE. Moreover, for this purpose, you have to fill out an application form and provide all required documents like Emirates ID, Salary Certificate, and Passport.
Can Dubai Islamic Bank allow non-residents to open an account in the UAE?
Yes, Dubai Islamic Bank allows non-residents to open different accounts like savings and Investments.
Which method is best to create an account with Dubai Islamic Bank in the UAE?
In the UAE, visiting the Dubai Islamic Bank physical branch is one of the best options to create an account.
