Islamic Bank Accounts in Ras Al Khaimah, Ras Al Khaimah

A daily-access investment account bridging savings and term deposits: investment amounts start at AED 10,000 and the account offers the possibility of a higher profit rate than ADIB's regular Savings Account while keeping daily access to funds. Positioned on ADIB's accounts hub alongside the Investment Deposit Account within the investment accounts family.

A Mudaraba children's savings account for under-18s with an AED 1,000 opening balance, no minimum balance thereafter and no fall-below fees. Profit is calculated monthly and paid quarterly. Notably, mothers can open the account under a Hiba (gift) contract, an unusual and family-friendly legal structure in a market where guardianship rules often restrict account opening to fathers. Includes a free debit card with an AED 500 daily limit, the Darhoom prepaid card for teaching allowance management, standing instructions from the parent's ADIB account, and app/SMS monitoring. Eligibility: UAE nationals and residents; requirements updated effective 20 February 2026 per the page notice.

A digital-first banking experience for youth, opened by an ADIB-customer parent through the ADIB Mobile App, with a dedicated Amwali app activated on the child's phone via QR pairing. No minimum balance. The child gets a debit card usable for shopping, online payments, cash withdrawals and Apple Pay, multiple goal accounts for purpose-based saving, money receipt from parents and family, and peer transfers within the Amwali network. Parents get full monitoring, funding via one-off or regular allowances, and card spend limit controls. Referral bonus of AED 20 each for referrer and friend. Welcome pack delivered to the doorstep after Emirates ID, passport and visa verification.

ADIB's main transaction account, openable by customers declaring a minimum salary of AED 5,000. Includes a free Visa debit card usable at 500+ ADIB ATMs across the UAE, a free first AED chequebook (AED 25 for additional books), free unlimited teller transactions at 60+ branches including Dana Women's Banking branches and extended-hours mall branches, and account currencies of AED, USD or GBP (ATM card works in AED only). An instant financing facility for cash shortfalls is available to customers with an AED 8,000+ salary transfer. Free monthly e-statements, standing instructions, and the full ADIB digital stack (Mobile App, e-ADIB internet banking, SMS, chat and phone banking).

ADIB's standard profit-bearing savings account, explicitly Mudaraba-based. Profit is calculated monthly on the balance and credited monthly (ADIB notes distribution runs quarterly on the first of January, April, July and October until 1 August 2026, transitioning to the monthly cycle). A minimum monthly balance of AED 5,000 is required to earn profit. Free Visa debit card with higher withdrawal limits, free unlimited teller transactions at 60+ branches, free monthly e-statements, and AED, USD or GBP currency options. The published customer profit rate is linked from the page.

ADIB's prize-linked savings flagship. New Ghina Savings Accounts earn a published expected profit rate of 5.25% per annum (5.55% on the Ghina Salary Account variant with salary transfer), with profit calculated monthly and credited monthly (quarterly distribution until 1 August 2026). The draw program for 2026 totals AED 3 million in grand prizes plus additional cash prizes for 540 winners: a quarterly grand draw of AED 1 million (one winner), and monthly draws of 10 x AED 10,000, 10 x AED 5,000 and 25 x AED 2,000. Includes automatic enrollment in Shariah-compliant Takaful protection at no cost, a free ADIB Visa debit card, and standing instructions. Open to UAE nationals, residents and non-residents (passport required; Emirates ID for nationals and residents).

ADIB's fixed-period term deposit, explicitly Mudaraba-based, with a minimum investment of AED 10,000. Profit periods of one, three, six, nine or twelve months, with the choice at maturity to transfer distributed profit to a nominated account or compound it by reinvesting profit plus principal. Depositors can also take ADIB financing up to the amount held on deposit, keeping liquidity without breaking the term. Current customer profit rates are published via a link on the page.

ADCB Islamic Banking's e-savings account with published tiered expected profit rates: 0.40% per annum on balances up to AED 200,000, 1.00% to AED 750,000, 1.75% to AED 2 million, peaking at 2.25% between AED 2-5 million, then falling to 2.00% (5-20M) and just 0.20% above AED 20 million. Profit is calculated daily on closing balances and paid monthly. Available in AED, USD, GBP and EUR (USD tops out at 2.00%). By contrast, ADCB's ordinary Islamic Savings Account paid just 0.10% per the bank's published Q1 2024 declaration, making Active Saver the only sensible parking spot within the window.

Term deposit built on the Wakala (investment agency) contract: place at least AED 100,000 for 1 to 36 months at a Muwakkil Indicative Profit rate agreed when you book. The distinctive variant is the Upfront Profit Wakala (6, 12 or 24 months), which credits the entire expected profit to your current or savings account immediately at booking rather than at maturity; if the pool ultimately earns less than anticipated, the bank reserves the right to claw back the difference from your accounts or principal. Auto-renewal applies at prevailing (not original) rates unless you instruct otherwise 30 days before maturity.

A Mudarabah-based savings account at the UAE's youngest full-service Islamic retail bank (established 2008 as the first Islamic bank headquartered in Ajman). Balances participate in Ajman Bank's investment pool and earn declared profit, with account access via the bank's app, online banking and branch network. Ajman Bank does not publish the current savings profit rate or the Mudarabah sharing ratio on the product page; rates are declared periodically by the bank.

The flagship savings product of the UAE's fully digital Islamic bank: opened and funded entirely inside the Al Hilal super app, with expected profit rates published in-app and recently advertised at up to 5.1% per annum (January 2026). Seasonal campaigns push effective returns higher; the July-September 2026 fresh-funds campaign pays tiered expected profit of 4% (AED 50K-250K balance increase) up to 7% (above AED 10M) for the top 2,000 customers by balance growth. Funds stay accessible, profit is calculated on average monthly balance, and previous months' rates are published on the app.

Al Hilal's Shariah-compliant alternative to a credit card, free for life on the primary card with up to three free supplementary cards. The Murabaha profit rate is 3.25% per month on outstanding retail and cash balances for cards issued on or before 31 December 2023, and 3.69% per month for cards issued from 1 January 2024. Cardholders get up to 55 days profit-free on retail purchases, a 2.89% foreign-currency markup, and a 25-day payment window with a 5%-of-statement (min AED 100) minimum payment.

DIB's core profit-bearing savings account, available in AED and other currencies and open to minors with parental or guardian consent. Expected profit is announced quarterly and calculated on the average monthly balance. Two hard conditions gate the profit: the balance must not drop below AED 1,000 during the month, and no more than one withdrawal (teller or electronic) is allowed per month, otherwise the account is treated as a current account for that month and earns nothing. Six free teller transactions per month (AED 10.5 thereafter). Fee waivers apply if you keep an AED 3,000 average balance, link the account to an Investment Deposit, or repay a DIB financing product through it.

A hybrid account combining current account convenience (chequebook, unlimited-use debit card, bill pay) with savings-style expected profit, announced quarterly and calculated on the average monthly balance. Profit conditions are set higher than the plain savings account: the balance must stay at or above AED 10,000 on every day of the month and no more than two withdrawals (teller or electronic) are allowed per month, otherwise the account is treated as a current account for that month. Six free teller transactions monthly (AED 10.5 thereafter) and a free first chequebook (AED 26.25 thereafter).

A children's savings account opened in the child's own name, with no minimum balance requirement and no maintenance fee. Comes with a welcome pack and a personalized debit card restricted to balance-enquiry only, so kids can feel grown-up without spending power. The account earns higher expected profits than the standard savings account per DIB's positioning, paid on the profit announced quarterly and calculated on average monthly balance, with the same gates as the adult account: no profit in months where the balance drops below AED 1,000 or where more than one withdrawal occurs. 24-hour phone and online banking for the guardian.

DIB's flagship salary acquisition offer: a zero-balance salary transfer account with a guaranteed joining bonus of up to AED 16,000 for UAE nationals (up to AED 9,500 for expatriates), built by stacking bonuses across salary transfer, Personal Finance, Auto Finance, a covered card and a Home Finance evaluation-fee waiver, each tier scaled to salary bands from AED 5,000 to 50,000+. Digitally enrolled products earn an extra 15% bonus. Also includes free online international transfers, one year of TravellerPass buy-one-get-one access, and card perks such as Skywards Miles and airport lounge access depending on the bundled card. Card bonuses require minimum spends within 60 days (AED 10,000 spend for SHAMS/EK Infinite down to AED 3,000 for Consumer Reward).

A Wakala deposit that pays the expected profit upfront at booking instead of at maturity, with a minimum deposit of AED 25,000. DIB positions it as a limited-time offer for investors who want immediate income from committed funds. Part of DIB's broad Wakala shelf that also includes Recurring Wakala (from AED 1,000 monthly contributions), Monthly Profit Payment Wakala (AED 25,000 minimum, AED only), USD Wakala (from USD 5,000, profit at maturity) and Retail Wakala AED (from AED 25,000 across multiple tenures).

A short-to-medium term Wakala deposit with a published expected profit rate of 3.40% per annum for a fixed 18-month tenor. Minimum deposit is AED 10,000, the lowest entry point on DIB's fixed Wakala shelf, and the deposit is AED-only. Designed as a goal-saver product for customers who want a committed tenor without locking money for 3 to 5 years.

DIB's headline long-tenor deposits: a 3-year Wakala at a published expected 4.30% per annum and a 5-year Wakala at 4.40% per annum, both with AED 25,000 minimum, no account maintenance fees, and a reinvestment option at maturity. Earned profit is paid in full on maturity. AED only, bookable through DIB alt online and mobile banking. The published rates are the highest disclosed deposit rates among the UAE's three largest fully Islamic retail banks as of the August 2026 crawl.

DIB's classic investment deposit with flexible tenures, available in multiple currencies and open to minors. Positioned for attractive expected profit rates that combine with flexible tenure options. Unlike the Wakala shelf, this is DIB's traditional pooled investment deposit; it can serve as the linked deposit that waives fees on an Al Islami Savings Account (the savings account acts as the principal liquidation account for the deposit).

The everyday transaction account at the world's first full-service Islamic bank. Opening balance is AED 3,000, and the account comes with a globally accepted debit card allowing daily cash withdrawals up to AED 75,000, free electronic and mobile banking, and free e-statements. The first six teller transactions each month are free (AED 10.5 each thereafter) and the first chequebook is free (AED 26.25 per 25-leaf book thereafter). Bill payment covers Etisalat, Du, DEWA, SEWA, FEWA, Ajman Sewerage, ADDC, Emicool, RTA, DED, Noqodi, Trakhees, Air Arabia, flydubai and EMAAR. Non-profit-bearing by design.

Emirates Islamic's Mudaraba-based term deposit ladder with declared expected rates published in a rolling 8-quarter table across tenors and balance tiers: 3-month AED from 0.55% (up to 100K) to 0.85% (25M to 50M); 6-month 0.60% to 0.80%; 9-month 0.65% to 0.75% (a 9-month Flexi variant runs 0.45% to 0.65%); 1-year from 0.70% (up to 100K) through 0.95% (25M to 50M) to 1.15% (above 100M); 2-year 0.85% to 1.05%. USD rates run lower (1-year 0.50% to 0.65%). Rates have been stable from Q2 2024 through Q1 2026. A Flexi Term Deposit variant offers flexible access while earning indicative profit.

Emirates Islamic's daily transaction account with chequebook facility, a free internationally recognized debit card, and availability in multiple currencies (cheque books and debit cards are not issued on foreign-currency accounts, which are limited to individuals and sole establishments). Managed through the EI + Mobile Banking App and EI + Online Banking, with QuickRemit instant transfers to selected countries. Note: the account detail page returned a server error during our crawl, so this record reflects the accounts hub disclosure only; confirm fees and minimums at application.

Emirates Islamic's prize-linked savings account. Draw program: a monthly AED 1,000,000 draw (one entry per AED 5,000 average monthly balance), weekly AED 50,000 draws (one entry per AED 1,000 held for a day), daily prizes of AED 1,000 for 30 winners, plus an additional monthly AED 50,000 winner and a quarterly Kunooz+ AED 1,000,000 draw reserved for Priority and Private Banking customers growing quarterly average balances by AED 100,000. Draws are held under Department of Economic Development supervision, with dates and winners published. A minimum AED 3,000 balance by end of draw month qualifies for draws; the same AED 3,000 minimum earns Mudaraba-based quarterly profit at a published expected rate of 0.10% p.a. (unchanged from Q2 2024 through Q1 2026 per EI's declared rates table).

An online-only Wakala-based savings account paying tiered expected profit up to 1.50% p.a., credited monthly on average balances: 0.50% from AED 5,000, 0.80% from AED 50,000, 1.25% from AED 3.5 million and 1.50% from AED 25 million (same tiers for USD). New-to-account customers get 1.50% across all slabs (capped at AED 25 million) for the first 3 months. No minimum balance, unlimited withdrawals with no profit penalty, available in AED and USD, one account per currency. No cheque book, ATM card or branch access; the account operates exclusively through Online Banking and the EI + app, with published online transfer limits (e.g. AED 300,000 to own accounts, AED 100,000 telegraphic transfers per day).

Emirates Islamic's core Mudaraba savings account, listed at the top of the bank's declared profit rates table with a published expected rate of 0.35% p.a. in both AED and USD, stable from Q2 2024 through Q1 2026. Sold on the accounts hub as 'Invest with Ease. Earn with Confidence.' The declared rates table also covers EI's related savings variants (Child Savings 0.35%, Value Account and High Value Salary Account tiered 0.30% to 0.40%, Special Investment Account 0.50%), giving customers an unusually complete public rate map.

Emirates Islamic's flagship term deposit: a Wakala structure with tenures of 1 to 5 years and a fully published expected rate grid. One-year deposits pay by payout frequency: 3.00% (monthly), 3.05% (quarterly), 3.10% (half-yearly) and 3.25% (yearly) in AED, with USD slightly higher at 3.05% to 3.25%; 2 to 5 year tenures pay 3.00% yearly (AED only). Deposits run from AED 25,000 up to AED 5 million per booking (USD 10,000 to 1.5 million), capped at AED 10 million per customer. Bookable via Online Banking, the EI + app, branches, relationship managers or call centre, by individuals (including minors through guardians), joint holders and businesses. Early redemption is allowed: the realised rate reverts to the prevailing Investment Savings Account rate for the actual period held, with overpaid profits deducted from principal.

Emirates Islamic's youth account for under-18s, opened by a parent (who must be an EI customer) through the EI + Mobile Banking App; legal female guardians open at a branch. No minimum balance fee. The child gets a complimentary ALPHA debit card (AED 500 daily ATM, AED 5,000 daily POS limits), Apple Pay / Samsung Wallet / Google Pay support, in-app money requests from parents (up to AED 1,000 daily / 5,000 monthly), Du and Etisalat bill payments, and real-time balance tracking. Rewards: AED 100 birthday reward, a daily AED 1,000 raffle for youth, and a monthly AED 50,000 educational scholarship draw for parents, with winners published monthly. Parents keep full transaction control, spend limits and account lock options. Existing minor accounts migrate automatically once eligible.

Mudarabah savings at the UAE's largest bank, opened instantly on the FAB Mobile app with just an Emirates ID. A campaign anticipated profit rate of up to 4.00% per year applies to new funds until 31 August 2026, with up to 3.25% on existing funds. Minimum balance is AED 3,000 (profit is only paid in months where the average balance meets it), and UAE nationals get one entry into the Emirati Al Awwal draw (mega prize AED 1 million) per AED 25,000 of monthly average balance. Elite variants exist for premium segments, and the fatwa, campaign terms and Mudarabah financial disclosures are all downloadable from the product page.

Mudarabah savings from Mashreq's Islamic window with quarterly profit payouts based on disclosed pool rates. The Key Facts Statement publishes what most banks hide: the profit-sharing split is 90% to the bank as Mudarib and 10% to the customer, with a Profit Equalisation Reserve smoothing returns and an Investment Risk Reserve protecting against future losses. Minimum monthly average balance is AED 3,000, waived with a AED 5,000+ salary transfer; historic Mudarabah pool rates are published at mashreqalislami.com/profitrates. Basic Savings and Easy Saver variants exist, with no cheque facility on the basic account.

Fixed-term Wakala deposit from National Bank of Fujairah's Islamic window: personal placements start at AED 10,000 (business at AED 250,000 with no maximum), tenors run 1 to 12 months in AED or USD, and the anticipated profit rate is agreed at booking and paid in full at maturity. Optional early redemption and automatic rollover instructions are available, and the deposit requires an NBF savings or current account to settle into. NBF Islamic represented 10.9% of group assets in 2024 with customer deposits of AED 4.7 billion.

A no-minimums Shariah-compliant current account at the UAE's newest fully Islamic bank, opened in under five minutes with UAE PASS or Emirates ID inside the ruya app. There is no minimum balance, no minimum salary, no hidden fees per the bank's published positioning, and the account comes with virtual and physical debit cards, a cheque book, digital cheque deposit, bill payments and 24/7 in-app chat support. A Kids (minor) account variant exists for children's savings habits.

Profit-sharing savings with the bank's save more and earn more, because we share our profits with you positioning, opened instantly in the ruya app with no minimum balance or salary requirement. For committed money, ruya offers Wakala and Mudaraba investment deposits inside the same app, and its Retail Islamic Wealth platform extends into Shariah-screened stocks, ETFs, gold, sukuk and (uniquely for a UAE Islamic bank) Shariah-compliant virtual asset trading. A Kids' Savings Account teaches saving habits for minors.

SIB's headline deposit: park at least AED 200,000 (AED or USD) for 24 or 36 months and earn expected returns advertised at up to 4.80%, the highest published deposit rate in this cluster of UAE Islamic banks. You choose the profit payment frequency (monthly, quarterly, semi-annual or annual) and can take financing of up to 70% of the deposit amount against it, so the money is not entirely locked away. SIB also offers a standard Fixed Deposit for 1 to 12 month tenors with Sharia'a-compliant profit distribution for smaller or shorter placements.

SIB's app-opened account: download the SIB Digital app, scan your Emirates ID, take a selfie and receive an account number in minutes, with a debit or prepaid card delivered in two to three working days. At launch the bank promoted it with no minimum balance and no salary transfer requirement, and the product page still advertises Zero Minimum Balance with Profit Paid Monthly; the bank's homepage panel, however, lists AED 3,000 minimum balance alongside no salary transfer, and at launch monthly profit required maintaining at least AED 5,000. Cards can be linked to Apple Pay and Samsung Pay, and salary-transfer customers gain access to the Tayseer facility.

Mudarabah savings from Standard Chartered's global Islamic network in the UAE: funds are placed in the bank's pool of Shariah-compliant assets with profit shared between customer and bank, calculated and declared monthly in retrospect and credited half-yearly. Minimum initial deposit is AED 10,000 with a AED 3,000 minimum average balance (AED 26.25 fall-below fee). The wider Saadiq shelf includes the XtraSaver account, Term and Wakalah Fixed Deposit accounts, and the Wealth$aver account advertising up to 5% per annum profit, all under the same committee.

A Shariah-compliant credit card built on the Murabaha trade principle with a striking fee posture: zero annual fees (terms apply), zero over-limit fees and zero late payment fees, plus access to over 1,000 airport lounges in 300+ cities. The no-late-fee design goes a step further than the charity-donation model most Islamic cards use, removing the charge entirely rather than redirecting it.