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Abu Dhabi Islamic Bank (ADIB)

Abu Dhabi Islamic Bank (ADIB) was established in 1997 and started its banking operations in 1998. Abu Dhabi Islamic Bank is a universal bank providing retail, private, corporate and investment banking products and services. Abu Dhabi Islamic Bank pays special attention to Islamic Banking principles. Except for its domestic market, the United Arab Emirates, Abu Dhabi Islamic Bank conducts selected operations in Egypt, Iraq, Saudi Arabia, Qatar and the United Kingdom


from 8 000 AED
General Information
Banking products
It is a universal bank. Offers retail, private, corporate and investment banking products and services
Account Types
Private; Corporate; Savings; Current
Minimal Requirements
Minimum balance, €
The minimum deposit from AED 5 000 (Business One), from AED 250 000 (Business Premium), from AED 750 000 (Business Elite)
Permissible number of transfers per month
The number of transfers is not restricted for business accounts
Efficiency of payment
The payments are executed same day
Transfer, € (for the amount of € 50 000)
The fee for an outgoing transfer is AED 110
Crediting, € (for the amount of € 50,000)
The fee for an incoming transfer is AED 75
Account maintenance, € / year
The monthly account maintenance fee is AED 375 (Business One), AED 250 (Business Premium), AED 50 (Business Elite)
Account Opening

For a personal account: proof of identity (passport); proof of address (not older than 3 months); Resident Visa; CV; bank reference letter + bank statements for the last 6 months.

For a corporate account: completed bank questionnaires for the company and owner; bank statements from the company account for the last 6 months (if the company is new, then bank statements from the owner’s other company account); copies of existing contracts with partners; office lease contract, cash flow chart, ownership structure chart, etc.

Departure to the bank
The beneficial owner must visit the country for account opening
Duration of application, months
1-2 months