---
title: "DIB Launches Savings Account With Monthly AED 1 Million and Tesla Draws"
url: https://get9to5jobs.com/news/dib-millionaire-savings-account-monthly-draws-2026-09-16/
type: news
company: "Dubai Islamic Bank"
date: 2026-09-16
tags: ""
---

# DIB Launches Savings Account With Monthly AED 1 Million and Tesla Draws

Dubai Islamic Bank has launched a Sharia-compliant Millionaire Account that combines savings returns with monthly prize draws. Each draw will offer an AED 1 million award and a Tesla Model Y, with the first draw planned for December 2026.

The Wakala-based account is open to eligible existing and new customers and is expected to credit profit monthly. Customers receive one draw entry for each AED 15,000 maintained in their qualifying monthly average balance, with additional entries available under specified balance or salary-transfer conditions.

DIB said funds placed through the account will support green and social financing initiatives. The product combines customer rewards with the bank’s responsible-finance objectives while encouraging regular saving.