About Us Go to CBD.ae

Al Islami Current Account

Quality without compromise on Islamic values.

Current Account-thumb

Fully Shari'ah compliant

Free Debit Card

Multiple currencies

Learn more I want to Apply Now

Al Islami Foreign Currency Account

Flexible money management across EUR, CAD, USD, GBP, AUD and more.

Foreign Currency Accounts-thumb

Account available in major currencies

Instant account opening

Free mobile and online banking

Learn more I want to Apply Now

Al Islami Savings Account

Compliant saving scheme under the principle of 'Mudaraba'.

Savings Account-thumb

Low minimum monthly balance

Fully Shari'ah compliant

Attractive profit rates

Learn more I want to Apply Now

Al Islami GreenGrowth Account

High returns with maximum flexibility.

Instant account opening

Flexibility and convenience

Attractive profit rates

Free of charge

Learn more I want to Apply Now

Mudaraba Investment Deposit

Our innovative product is designed to help you build your wealth in a Shari'ah compliant manner.

Mudaraba Investment Deposit-thumb

Choice of currencies

Mudaraba

Low minimum deposit

Flexible deposit terms

Learn more I want to Apply Now

Wakala Investment Deposit

Plan your long-term investments with different tenure options.

Wakala Investment Deposit-thumb

Higher expected profit rates

Flexible deposit tenures

Multiple currencies

Learn more I want to Apply Now

Bonus Booster Deposit

Build up your savings through regular monthly deposits starting from AED 1,000 with one of UAE’s most trusted institutions.

Bonus Booster Deposit-thumb

Expected returns of up to 8.25%

Fixed tenure

Instant account opening

Low monthly savings amount

Learn more I want to Apply Now

Premium Saver Deposit

Build up your savings, double your interest - and your bonus.

Premium Saver Deposit-thumb

Earn up to 1.4% expected profit rate

2x expected returns

Fixed tenor

Low monthly savings amount

Learn more I want to Apply Now

Step-Up Deposit

We make planning for your future easy by providing fixed returns on your money.

Step-Up Deposit-thumb

Earn up to 1.4% expected profit rate

Fixed tenure

Instant account opening

Low minimum deposit

Learn more I want to Apply Now

Visa Infinite

Discover the true meaning of exclusivity.

Visa Infinite-thumb

Airport lounge access

CBD Reward Points

Chip & Pin

Free takaful (insurance) for travel and purchase protection

Learn more I want to Apply Now

Visa Platinum

Transfer your balances from other credit cards and reduce your monthly payments with 0% for 6 months.

Visa Platinum-thumb

Free supplementary cards

CBD Reward Points

Chip & Pin

Free takaful (insurance) for travel

Learn more I want to Apply Now

Super Saver

Super Saver-thumb

Airport lounge access

Free for first year

Supplementary card

Free Valtrans valet parking

Learn more I want to Apply Now

Debit Cards

Enjoy using your CBD debit card with the 'Chip & PIN' security feature along with the ability to make contactless payments in UAE or overseas.

Debit Cards-thumb-islami

Chip & PIN

Contactless payments in UAE and overseas

Mobile Wallet

Budget and Track

Learn more I want to Apply Now

Islamic Personal Finance

Save up to AED 20,000 on personal finance up to AED two million and benefit from attractive profit rates.

Personal Finance-thumb

Competitive profit rates

High financing amounts

Fully Shari'ah compliant

Save up to AED 20,000

Learn more I want to Apply Now

Islamic Vehicle Finance

Enabling CBD customers to purchase their dream cars.

islamivehicle-finance-thumb

Competitive Murabaha profit rates

Financing for new and used cars

Fast processing

Flexible repayments

Islamic Finance Against Fixed Deposits

Get access to liquid funds

Get emergency funds

Flexible financing tenures

Competitive pricing

Learn more I want to Apply Now

Islamic Home Finance

home-Finance-thumb

Competitive profit rates

Refinance your property

Flexible repayments

High financing amounts

Learn more I want to Apply Now

Financial Services-thumb

CBD Financial Services

CBD Economic & Market Commentary

Welcome to the CBD Economy and Market Watch section. We will be sharing key economic news and updates across global markets, brought to you by Deepak Mehra, Chief Economist.

Domestic Transfers

Domestic-Transfers-thumb

Fund transfers to other banks in UAE

Transfer by using CBD Mobile

Instant-Remmitances-thumb

Instant Remittances

International Transfers (SWIFT)

Digital Banking

Phone Banking

Superb customer support with our dedicated phone banking service.

Zakat Payment

Pay your Zakat conveniently by selecting a charity organisation of your choice through CBD Online Banking.

CBD Rewards

Our new, next-generation Rewards platform, where every point you earn can lead to something wonderful.

CBD rewards thumb

Easy to earn

Simple to redeem

Information & Tools

Al Islami Elite Banking

Unleashing a world of Elite banking products, personalised services, and exclusive offers to enhance your exceptional lifestyle.

Banking privileges

Travel benefits

Lifestyle benefits

Airport lounge access

Learn more I want to Apply Now

CBD Elite-thumb

Al Islami Private Banking

Enjoy a suite of premium financial products, services and offerings, tailor-made for those who settle for nothing but the best.

Exclusive CBD Private Banking Lounge, dedicated meeting rooms and Majlis

Dedicated Relationship Manager

Preferential foreign exchange rates

Preferential fees and charges

Learn more I want to Apply Now

CBD Private-thumb

Islamic Business Account

Your core business bank account. Our priority.

Islami Savings & Deposit Account

Short and long-term Shari'ah compliant solutions for your surplus cash.

Low minimum deposit

Competitive profit rates

Flexible deposit tenures

Learn more I want to Apply Now

Wakala Investment Deposit

Plan your long-term investments with different tenure options.

Low minimum deposit

Attractive profit rates

Flexible deposit tenures

Learn more I want to Apply Now

Bonds and Sukuk

Sukuk

Benefit from opportunities in the regional fixed-income market

Deposits

Deposits

Ensure the best returns for your investments via high-yield dual currency deposits.

Foreign Exchange

Foreign Exchange

At CBD, we help you manage your foreign exchange risks and opportunities.

Investments

Investments

CBD Investments At CBD Investment, we aim to build a lasting partnership with you by exceeding your expectations for investment performance and service.

Research and Publications

Research and Publications

Vital knowledge and information at your fingertips

LIBOR Transition FAQ

Over recent months, the transition from LIBOR benchmarks, to risk free replacements, has started.

Profit Rate swap

Over recent months, the transition from LIBOR benchmarks, to risk free replacements, has started.

Business Installment Finance

Whenever a new business opportunity or situation requires the injection of additional funding.

Business Finance Against POS

Finance for all retail and online businesses against Point of Sales machines or Payment Gateway proceeds.

Project Finance

Enjoy maximum value on your term loan

Real Estate Finance

Capture the best funding for your property deals

Acquisition Finance

Worry-free acquisition funding from start to finish

Asset Backed Finance

Maximize your borrowing capacity

Murabaha Goods Finance

Payables Management

Secure, round-the-clock payments from your CBD accounts CBD provides a comprehensive solution to meet your payments requirements

Receivables Management-thumb

Receivables Management

CBD offer multi-channel solutions to suit all your collections needs which streamline

Liquidity Management-thumb

Liquidity Management

Products

Browse our range of PSP products.

PSP Services-thumb

Services

With Public Sector Payments solutions, CBD offers the following services

Project Development

Real Estate Escrow for Under construction Project Developments

Home Owners Association

Owners Association for Ready Properties to Manage Building Service Charges

Commercial Escrow

Commercial Escrow for arrangement between parties involved in a structured business transaction

Imports

Imports

No matter where you do your business, CBD Al islami is there to assist you!

Exports

Exports

Exporters need support and guidance in managing the payment risk of international trade, for trading parties.

Trade Services and Advisory Solutions

Trade Services

Guarantees

Guarantees

Guarantees from CBD Al Islami provide your business with a robust financial safety net, ensuring your commercial commitments are met with unwavering reliability.

Commodity Finance

We provide a set of financial instruments available to companies involved in the production, processing, or trading of commodities.

Working Capital Finance

Ensure your business is always well funded by availing of our various working capital solutions

Covered Drawing Account (Islamic Overdraft)

Bonds and Sukuk

Sukuk

Benefit from opportunities in the regional fixed-income market

Deposits

Deposits

Ensure the best returns for your investments via high-yield dual currency deposits.

Foreign Exchange

Foreign Exchange

At CBD, we help you manage your foreign exchange risks and opportunities.

Investments

Investments

CBD Investments At CBD Investment, we aim to build a lasting partnership with you by exceeding your expectations for investment performance and service.

Research and Publications

Research and Publications

Be guided in your investment decisions with the most critical facts and data at home and abroad.

LIBOR Transition FAQ

Over recent months, the transition from LIBOR benchmarks, to risk free replacements, has started.

Profit Rate swap

Over recent months, the transition from LIBOR benchmarks, to risk free replacements, has started.

Financing solutions

Financial Advisory

Capital Market-thumb

Capital Markets

Account Services

E Channels & Reporting

Electronic Channels and Reporting provides fast, efficient, and secured access to CBD’s full suite of Payments & Cash Management services

Payables Management

Secure, round-the-clock payments from your CBD accounts CBD provides a comprehensive solution to meet your payments requirements

Receivables Management-thumb

Receivables Management

CBD offer multi-channel solutions to suit all your collections needs which streamline

Liquidity Management-thumb

Liquidity Management

CBD’s sweeping, notional pooling and inter-company Finance services gives you the tools to optimize the liquidity position across your organization.

Public Sector Payment Products

Browse our range of PSP products.

PSP Services-thumb

Public Sector Payments Services

Project Development

Real Estate Escrow for Under construction Project Developments

Home Owners Association

Owners Association for Ready Properties to Manage Building Service Charges

Commercial Escrow

Commercial Escrow for arrangement between parties involved in a structured business transaction

Insurance Escrow

Insurance Escrow for Insurance Brokers to Collect Premium Segregated for Each Insurance Company

Imports

Imports

No matter where you do your business, CBD Al islami is there to assist you!

Exports

Exports

Exporters need support and guidance in managing the payment risk of international trade, for trading parties.

Guarantees

Guarantees

Guarantees from CBD Al Islami provide your business with a robust financial safety net, ensuring your commercial commitments are met with unwavering reliability.

Commodity Finance

We provide a set of financial instruments available to companies involved in the production, processing, or trading of commodities.

Structured Trade

Trade Services and Advisory Solutions

At CBD, we understand that trade finance is more than just financing transactions.

Working Capital Finance

Ensure your business is always well funded by availing of our various working capital finance solutions

Receivables Management-thumb

Receivables Finance

Receivables Finance is a service that provides businesses with early access to funds that are due from customers, improving liquidity and facilitating cash flow management.

Supply Chain Finance

Supply Chain Finance

Supply Chain Finance optimizes cash flow by allowing businesses to avail extended credit terms for their purchasers while allowing the option for their suppliers to encash their receivables upfront.

Back to Back Letter of Credits

Our Back to Back Letter of Credit is a comprehensive financial instrument that serves as a guarantee for transactions

About Us

Established in 1969, Commercial Bank of Dubai (CBD) is one of the first banks operating in the United Arab Emirates. It was established as a joint venture between Commerzbank, Chase Manhattan Bank and Commercial Bank of Kuwait, before evolving into a public shareholding company in 1982 when the Government of Dubai took a 20% stake.

Corporate Governance-thumb

Corporate Governance

As a financial institution licensed in the UAE, Commercial Bank of Dubai PSC (“CBD” or the “Bank”) is committed to complying with the Corporate Governance Regulations and Standards issued by the UAE Central Bank and the Securities and Commodities Authority, and with best governance practices adopted internationally.

Investor Relations-thumb

Investor Relations

Everything you need to know about our performance, ownership and credit rating.

Sustainability-thumb

Sustainability

For 54 years, CBD has had the privilege of a social license to operate in the UAE. We retained this license through an unending commitment to our corporate and social responsibility initiatives.

Press Room

CBD Media Centre provides your with the latest news releases, fact sheets and awards information.

Al Islami Foreign Currency Account

Global transactions with CBD’s Foreign Currency Account

Flexible money management across EUR, CAD, USD, GBP, AUD and more.

Account available in major currencies

Instant account opening

Free mobile and online banking

Highlights
                    
                        Account available in major currencies
                    
                        Instant account opening
                    
                        Free mobile and online banking

Top features

Features & benefits

Eligibility criteria

Required documents

Key Facts Statement

Apply Now

Top features

6 account currency denominations

Account available in major currencies

USD/GBP/EUR/SAR/AUD/CAD/CHF/
SEK/JPY

Instant Opening Online

Instant account opening

through CBD Mobile

Free mobile,online banking

Free mobile and online banking

plus SMS alerts on your transactions

Overview

Enjoy global transactions and flexible money management across major currencies with CBD's foreign currency accounts.

Open a foreign currency account in just a few minutes through the CBD mobile app, with accounts available in most major currencies: USD, GBP, EUR, CAD, AUD, CHF, SEK.

Features and benefits

Quick and easy account opening process
Foreign currency account available in most major currencies (EUR, CAD, USD, GBR, AUD, CHF, SEK)
Free online and mobile banking
SMS alerts

Eligibility criteria

CBD Al Islamic Foreign Curreny Account	Criteria
Age limit	If you are UAE National or UAE resident and minimum 18 years of age.

CBD Al Islami Foreign Currency Account

Required documents

National ID or valid passport, residence visa and Emirates ID
Completed account opening form

Relevant links

Key Facts Statement

We kindly request you to carefully read and understand this document if you are applying for a CBD Al Islami Foreign Currency Account with Commercial Bank of Dubai.

Learn more

Download the CBD App and access your financial future from the palm of your hand.

Explore Mobile App Features

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

App Store CBD

Google play CBD

App gallery CBD

Other ways to connect

Branch & ATM Locator

Chat now!

Help

Accessibility