For Wajaha and Aayan Customers, every increase in average balance of AED 50,000 in your DIB Account or Wakala/Investment Deposit will get you the opportunity to win AED 25,000. A total of 15 winners will be eligible for a prize value of AED 25,000 each
For all other customers, every increase in average balance of AED 10,000 in your DIB Account or Wakala/Investment Deposit will get you the opportunity to win AED 10,000. A total of 10 winners will be eligible for a prize value of AED 10,000 each
UAE Nationals qualifying for the Draw will receive an extra entry
All existing and new individual customers (Customers) of the Bank holding Accounts and Deposit Products will be eligible for the Campaign
Customers will receive an entry into the draw for every AED 50,000 (for Wajaha and Aayan individual Customers) and for every AED 10,000 (for all other DIB individual Customers) average incremental balance in their Account and Deposit Product balances cumulatively, during the Campaign Period
Offer valid from 1 January 2024 to 29 February 2024
What product(s) do I need to have & add balances to in order to qualify for the campaign?
You will receive an entry into the draw if you increase your average balance, during the campaign period, in any Current/Savings Account(s), Investment/Wakala Deposit(s) with Dubai Islamic Bank. For a detailed list of products, please refer to the Terms & Conditions.
Is there a requirement to increase the balances in a specific product?
You may add funds and increase your average balance in any account or deposit product in Dubai Islamic bank in order to get entries into the draw, however, if you win in order to receive the prize you will need to hold an account based on the principles of Mudaraba like an Al Islami Savings, Al Islami 2-in-1 or Al Islami E-Savings Account(s). If you do not have a Mudaraba-based account, you may open it after the draw.
By what amount do I need to increase the average balance?
Customers will receive an entry into the draw for every AED 50,000 (for Wajaha and Aayan individual Customers) and for every AED 10,000 (for all other DIB individual Customers) average incremental balance in their Account and Deposit Product balances cumulatively, during the Campaign Period.
How will the average incremental balance be calculated?
The average incremental balance will be computed by subtracting the period-end cumulative Account and Deposit Product balance of the individual customer, prior to start of Campaign Period, from the average balance, at the end of the Campaign Period.
When will the draw be conducted?
The Draw shall be conducted at the end of the Campaign. Independent personnel (from the Dubai Economic Department or such other relevant authority) shall attend and oversee the Draw to ensure fair play and transparency. The dates on which the Draw shall occur shall be determined by the Bank in consultation with such independent personnel.
