Emirates Islamic Bank (EIB)

Residents need a valid passport with UAE residence visa stamped, the original Emirates ID, and – for a salary or current account – one of the following: salary certificate not older than 3 months, an appointment letter or employment contract, a pay slip, or a recent bank statement showing salary credits. You must be at least 18 years old and have an active UAE mobile number. Applications can be started online via the EI+ app or completed at any branch. Processing typically takes 1-3 business days for straightforward applications.

Yes, Emirates Islamic offers accounts for non-residents. Requirements include a valid passport, proof of employment or self-employment (salary certificate, employment contract, trade license, or bank statements), and address verification documents such as a utility bill or bank statement not older than 3 months, or a bank reference letter from your home country confirming at least 12 months of relationship. Non-resident accounts may carry higher minimum balance requirements and have limited access to some products compared to resident accounts.

For Classic/Select accounts: AED 3 000 average monthly balance. If the balance falls below this, a fee of AED 26,25 applies that month. Salary transfer holders with active regular credits are exempt, as are ALPHA Youth account holders (zero minimum balance), minor accounts, and customers with active finance products. The Advantage Banking account requires AED 100 000 average monthly balance or a salary transfer of AED 15 000 or more.

Within the QuickRemit network (40+ countries), transfers are completely free and arrive in near-real time via the EI+ app with real-time tracking. For countries outside the QuickRemit network, outward SWIFT transfers cost AED 94,50 for Classic account holders (AED 78,75 for ALPHA Youth and Advantage accounts) when “OUR” or “SHA” charges are selected. Correspondent bank charges apply on top. Standard SWIFT transfers typically take 1-3 business days.

The primary SWIFT/BIC code is MEBLAEAD. The Fujairah branch uses the extended code MEBLAEADFUJ. The bank’s routing code is 7034 2011 4. Your IBAN can be generated via the EI+ mobile app or through the help and support section at emiratesislamic.ae. A full list of branch SWIFT codes is available at bank-uae.com/eib-swift-code/.

Visit any branch with your Emirates ID and debit card. Ensure all outstanding balances are cleared and all linked products (credit cards, active finance) are settled before requesting closure. If you are outside the UAE, contact the call centre at +971 600 599 995 for remote closure options. An AED 105 fee applies if you close within the first 6 months of account opening. After 6 months, there is no closure fee.

Emirates Islamic does not charge a dormant account maintenance fee. However, accounts with no activity over an extended period may be flagged under UAE Central Bank regulations on unclaimed funds. Making at least one transaction periodically – even a balance inquiry via the EI+ app – keeps the account active and prevents it from being classified as dormant.

Personal Finance at Emirates Islamic is structured on a Shariah-compliant Murabaha basis with a fixed profit rate disclosed upfront. The minimum monthly salary is AED 10 000 for both UAE Nationals and resident expats. You must have received at least one salary credit into your account. Self-employed applicants are also eligible but require additional documentation including business financials. Finance amounts and profit rates depend on salary level, employer category, and your AECB credit bureau score.

For salaried UAE Nationals the minimum monthly income is AED 8 000. For salaried resident expats the minimum is AED 20 000/month. Self-employed applicants need audited business financials and face a higher effective income threshold. Applicants must be at least 21 years old. Required documents include a valid passport with UAE residence visa, 6 months of bank statements, a salary certificate not older than 45 days, and property documentation. Initial pre-approval decisions typically take 5-10 working days.

Call the 24/7 call centre immediately on 600 599 995 (or +971 600 599 995 from abroad) and select the card services option, or use the EI+ mobile app: go to Cards, select the card, then choose Block Card. Do not use the online web contact form to report lost or stolen cards – the official Emirates Islamic website explicitly states this channel should not be used for card blocking or fraud reports.

Yes. Emirates Islamic was the first Islamic bank in the UAE to introduce Shariah-compliant digital wealth management and equity trading through the EI+ app. Wakala term deposits are available via branches and the app. For more complex wealth needs, Priority Banking and Private Banking divisions provide dedicated advisory services. The bank’s digital investment capabilities earned it the Euromoney World’s Best Islamic Digital Bank 2025 award.