DIB launches Millionaire Account; savers stand a chance to win Dh1m and a Tesla Car every month

DIB, the largest Islamic bank in the UAE, has recently introduced the DIB Millionaire Account, a unique savings account designed to incentivize disciplined saving and provide customers with exciting reward opportunities. This account is in line with the UAE's aim to build a financially secure and empowered society, and showcases the bank's dedication to promoting responsible financial planning through Sharia-compliant solutions that offer greater value to customers.

The DIB Millionaire Account offers both existing and new-to-bank customers the chance to enter monthly draws and win a grand prize of Dh 1 million, with the added possibility of winning a Tesla Model Y car each month. Eligible customers can participate in these monthly draws starting from December 2026, with subsequent draws occurring on a monthly basis.

Alongside these prize-winning opportunities, the account is structured as a Wakala-based savings account, with the expectation of receiving a profit amount credited to the customer's account every month.

To enter the monthly draws, customers must maintain a minimum average balance in their account. Additional entries can be earned by steadily increasing their savings balances. For every Dh15,000 maintained in their monthly average balance, customers earn one entry, while every Dh45,000 average monthly balance or a minimum salary transfer of Dh10,000 qualifies them for bonus entries, subject to the applicable terms and conditions. The more customers save, the higher their chances of winning.

Beyond the exciting rewards, this account also allows customers to contribute to a larger positive impact. The DIB Millionaire Account funds are directed towards green and social financing initiatives, aligning with the bank's commitment to responsible growth and sustainable finance. Sanjay Malhotra, Chief Consumer Banking Officer at DIB, stated that the account transforms the simple act of saving into an opportunity for life-changing rewards, creating a more rewarding financial journey by providing one customer the chance to become a millionaire every month.

Moreover, the account links everyday financial decisions with meaningful impact, empowering customers to play a role in advancing positive change through responsible finance. This aligns with DIB's focus on delivering Sharia-compliant banking propositions that create value for customers while contributing to a more sustainable future.

As DIB continues to strengthen customer engagement and build lasting loyalty through relevant, timely, and value-driven interactions, the launch of the Millionaire Account further cements the bank's position as a trusted financial partner committed to supporting the UAE's national priorities and long-term sustainability agenda. More information about the account, eligibility, and applicable terms and conditions can be found at Dib.ae.