Dubai Islamic Bank Current Account

Dubai Islamic Bank offers current accounts in order to provide its customer easy access to their funds no matter where they are. The bank offers three types of current accounts i.e. Al Islami Current Account, Al Islami Current Account Plus, and Johara Current Account. Each of these current accounts offered by the DIB caters amazing benefits such as e-statement facility, free cheque book, electronic banking, and also the free bill payment facility.

Features & Benefits of Dubai Islamic Bank Current Account

Listed are some of the main features and benefits of the current accounts offered by the Dubai Islamic Bank:

AI Islami Current Account

  • Shariah Compliance: This DIB Current Account is compliant to the Sharia principles of Islamic Law. It provides Islamic banking solutions to the account holder.
  • Cash Withdrawal Limit: With the help of AI Islami debit card, the account holder can withdraw a maximum of AED 10,000 in a day.
  • Bill Payment Facility: The account holder can enjoy the complimentary bill payment facility. This account enables its account holder to pay utility bills & telecommunication service bills through this DIB current account. Following are the options of bill payment:
  • DEWA
  • SEWA
  • FEWA
  • Etisalat
  • Salik
  • DU
  • Cheque Book: The bank offers the account holder a free cheque book (only the first one) with this DIB current account. After that, the account holder will need to pay a fee of AED 25 for availing extra cheque book of 25 leaves.
  • Teller Transactions: The account holder can avail 6 teller transactions free of cost on a monthly basis thereafter they need to pay AED 10 per transaction.
  • Banking Services: The account holder can avail a wide range of free facilities such as mobile banking & electronic banking to make their banking experience smoother.
  • Account statements: The account holder gets free of charge account statements every month on their bank account. In addition to this, the account holder has the option of availing e-statements.

AI Islami Current Account Plus

  • Shariah Compliance: This DIB Current Account is compliant to the Sharia principles of Islamic Law. It provides Islamic banking solutions to the account holder.
  • Cash Withdrawal & Purchase Limit: The daily cash withdrawal limit is a maximum of AED 10,000 while the daily purchase limit is AED 15,000.
  • Online & Mobile Banking: DIB offers electronic banking portals to the account holder for making a lot of their transactions anytime and from anywhere in the world in a hassle-free manner.
  • Banking Privileges: The account holder can enjoy a host of privileges ranging from reduced maintenance fee of AED 15 to a maximum of 6 free teller transactions on a monthly basis.
  • Account Statements: The account holder can avail free e-statements as well as paper statements on a monthly basis.
  • Bill Payment Facility: The account holder can enjoy the complimentary bill payment facility. This account enables its account holder to pay utility bills & telecommunication service bills through this DIB current account. Following are the options of bill payment:
  • DEWA
  • SEWA
  • FEWA
  • Etisalat
  • Salik
  • DU
  • Cheque Book: The bank offers the account holder a free cheque book (only the first one) with this DIB current account. After that, the account holder will need to pay a fee of AED 25 for availing extra cheque book of 25 leaves.

Johara Current Account

  • Shariah Compliance: This DIB Current Account is compliant to the Sharia principles of Islamic Law. It provides Islamic banking solutions to the account holder.
  • Banking Services: Upon opening this salary transfer account, the account holder will get globally accepted debit card. Also, they can avail a range of banking facilities including mobile banking & electronic banking to get access to their bank account anytime and from anywhere in the world.
  • Bill Payment Facility: The account holder can enjoy the complimentary bill payment facility. This account enables its account holder to pay utility bills & telecommunication service bills through this DIB current account. Following are the options of bill payment:
  • DEWA
  • SEWA
  • FEWA
  • Etisalat
  • Salik
  • DU
  • Cheque Book: The bank offers the account holder a free cheque book (only the first one) with this DIB current account. After that, the account holder will need to pay a fee of AED 25 for availing extra cheque book of 25 leaves.
  • Teller Transactions: The account holder can avail 6 teller transactions free of cost on a monthly basis thereafter they need to pay AED 10 per transaction.
  • Cash Withdrawal Limit: The account holder can withdraw a maximum of AED 10,000 in a day through the Johara Current Account.

Eligibility Criteria Required to Open Dubai Islamic Bank Current Account in UAE

For opening a DIB Current Account, the applicant needs to meet the following eligibility criteria as determined by the bank:

DIB Current Accounts Minimum Account Balance Required
AI Islami Current Account AED 3,000
AI Islami Current Account Plus AED 3,000
Johara Current Account NA

How to Open DIB Current Account in the UAE?

Customers who wish to open a DIB Current Account can use any of the below mentioned ways:

Online Applications

One of the easiest ways to open a current account with DIB is online. The applicant just needs to visit the official website of the Dubai Islamic Bank in order to open the desired DIB current account.

Branch Visit

Alternatively, the applicant can open a DIB Current Account offline by visiting the nearest bank branch.

How to Close Dubai Islamic Bank Current Account in the UAE?

In order to close the DIB Current Account, first and foremost, the account holder must withdraw their funds from the current account. Else, they can get it transferred to other bank accounts.

After that, the account holder needs to apply for the account closure either through online banking or by visiting the DIB branch.

Note: The account holder has to pay a fee of AED 26.25 for account closure, in case they close their bank account within a time span of one year.

Dubai Islamic Bank Current Account - FAQs

Q.1. Do I need to pay any non-maintenance charges if my current account balance goes below the minimum requirement?

Yes, you need to pay non-maintenance charges if your current account balance goes below the minimum monthly average balance. Following are the non-maintenance charges:

AI Islami Current Account AED 26.25
AI Islami Current Account Plus AED 15.75

Q.2.  What is the minimum balance I need to maintain on my Dubai Islamic Bank Current Account?

You are required to maintain a minimum monthly balance of AED 3,000 on your current account with Dubai Islamic Bank.

Q.3. Are DIB Current Accounts are available in AED only?

Yes, all the current accounts offered by the Dubai Islamic Bank are available in AED only.

Q.4.  Can I avail free teller transactions with the Dubai Islamic Bank Current Account?

Yes, you can avail 6 free teller transactions on a monthly basis.

Q.5. How many free cheque books can I avail on the DIB Current Account?

The first cheque book on the DIB current account is free of cost.

Q.6. What is the daily cash withdrawal limit?

You can withdraw a maximum of AED 10,000 on a daily basis through the DIB Current Account.

Q.7. Can I avail the account statement free of cost?

Yes, you can avail e-statements as well as paper statements free of cost.

Q.8.  Can I make utility bill payments through Dubai Islamic Bank Current Account?

Yes, you can pay ‘utility bills & telecommunication service bills’ via current accounts offered by the Dubai Islamic Bank. The options of bill payment are SEWA, DEWA, FEWA, Etisalat, Salik, and DU.