DIB e-Trader Account
Zero minimum balance. No annual fee in year one. Built for online and social sellers.
Min. balanceAED 0
Best fore-Trader licence
Dubai Islamic Bank Business Account
A Sharia-compliant corporate account from the world's first full-service Islamic bank, open to owners of any faith. Four packages, from zero balance on e-Trader up to Premium. We prepare your file to DIB's compliance standard.
Excellent
Four Account Packages
Zero-Balance e-Trader Option
File Built to DIB Standard
Excellent
DIB Business Banking
Open a Dubai Islamic Bank Business Account in the UAE
A Dubai Islamic Bank business account is a Sharia-compliant corporate account for UAE-licensed companies. DIB opened in 1975 as the world's first full-service Islamic bank. It is regulated by the Central Bank of the UAE.
You choose from four packages. The entry account needs AED 50,000 average balance. The e-Trader account needs zero if you hold a Dubai DED e-Trader licence. The right one depends on your cash flow.
Account Packages
Which DIB business account is right for you?
Four packages, sorted by the balance you can hold. Pick on cash flow first, features second.
Not sure which package your balance supports?
Tell us your monthly turnover and expected balance. We point you to the DIB account that avoids fall-below fees, or to a better-fit bank.
Eligibility
Who can open a DIB business account ?
Mainland companies, free zone companies and offshore entities with a valid UAE trade licence can all apply. Approval is never automatic. DIB runs its own KYC and compliance review on every file, and it can decline without giving a reason.
You do not need to be Muslim to open a Sharia-compliant account. Islamic banking is open to everyone. Many non-Muslim founders choose it for the ethical, interest-free model.
- Valid UAE trade licence, whether mainland, free zone or offshore
- Passport and Emirates ID or residence visa for each signatory
- A resident signatory widens your options and speeds up approval
- Clear, documented source of funds and business activity
- Non-residents can apply, but expect enhanced due diligence
Note: Final approval, account tier and balance terms sit with Dubai Islamic Bank. RIZ & MONA prepares and submits your file to the bank's standard, but no consultancy can guarantee a bank's decision.
Documents
What documents do you need for a DIB business account?
Two sets: papers that prove the company, and papers that prove the people behind it. Get both clean and the review moves faster.
- Valid UAE trade licence
- Certificate of incorporation
- Memorandum and Articles of Association, the MOA and AOA
- Board resolution or power of attorney naming the signatories
- Proof of business address and business activity
- Recent financial statements where available
Avoid Delays
Why do DIB applications get delayed?
Vague business activity
- Banks reject files they cannot risk-score quickly
- State exactly what you sell, to whom and from where
- We match your activity wording to your licence
Weak source of funds
- Unexplained opening funds trigger compliance holds
- Show where the money comes from, with documents
- We prepare this before the bank has to ask
No resident signatory
- Fully non-resident files face the longest reviews
- One UAE-resident signatory widens your options
- We structure the file to the strongest profile
The Process
How to open a DIB business account
Five stages, from document prep to your first deposit. RIZ & MONA runs each stage with you and deals with the bank's compliance team directly.
How long it takes, by applicant type
What a DIB account gives your business
AED and foreign currency accountsMulti-currency
Free initial chequebookIncluded
24-hour cash deposit accessBranch
Wla'a rewards on balancesPremium
WPS payroll for your staffCompliance
Corporate tax and VAT-ready records2026
Realistic timelines
Resident-owned, clean file1 to 2 weeks
Standard SME structure3 to 6 weeks
Foreign-owned or offshore4 to 8 weeks
- Timelines depend on your business profile and the bank's compliance load. No advisor controls the bank's clock.
- A corporate account is now tied to tax. From 2026 the FTA reconciles VAT, corporate tax and banking data, so keep records straight from day one.
- Banking disclaimer: account approval, tier, minimum balance and fees are set by Dubai Islamic Bank at its sole discretion and can change without notice. RIZ & MONA Consultancy is not a bank and cannot guarantee any bank's decision.
Costs
How much does a DIB business account cost?
The main cost is not a fee. It is the balance you keep in the account. Miss it and DIB charges a fall-below fee, so match the tier to your real cash position.
Minimum balance to plan for
AED 0 to 500,000
From zero on the e-Trader account to AED 500,000 on Premium. This is the balance you hold, not a payment.
e-Trader account balanceAED 0
Al Islami Business balanceAED 50,000
Business Account Plus balanceAED 250,000
Business Account Premium balanceAED 500,000
e-Trader annual fee, year 1Waived
RIZ & MONA assistanceOn quotation
Match the account to your business stage
Pricing disclaimer: all figures are indicative and reflect publicly available Dubai Islamic Bank information as of September 2026. Minimum balances, fees and account features are set by the bank and change without notice. RIZ & MONA Consultancy provides a personalised quote for your setup and confirms current bank terms before you apply.
Start Today
Get your DIB business account opened
Send us your licence and we tell you which Dubai Islamic Bank package fits, what your file is missing and how fast it can clear. Straight answers, no sales pitch.
File prep to bank standard•Right package, no extra fees•Honest bank-fit advice
RIZ & MONA Consultancy is an independent setup firm, not a bank. All bank decisions rest with DIB.