UAE: Withdraw 50% of salary in advance under bank's new scheme

It will be offered to salaried individuals with a minimum income of Dh5,000 per month


A Staff Reporter

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Published: Mon 19 Sep 2022, 8:05 PM

Last updated: Mon 19 Sep 2022, 10:45 PM

A new feature introduced by Abu Dhabi Islamic Bank (ADIB) will allow customers to avail up to 50% of net salary before the usual payday by using the bank’s dedicated mobile app

The leading Islamic financial institution, announced the launch of its salary advance product ‘Yusr- ADIB Salary Advance’. As part of its commitment to providing innovative Sharia-compliant products and services, the bank will allow its customers to avail an advance salary amount instantly based on Murabaha structure.

The new product “ADIB Yusr Salary Advance Finance” can be accessed through mobile banking app and is designed to help existing ADIB salary transfer customers, both UAE Nationals and expatriates, to manage their financials and fulfil their short-term funding needs.

This product aims to provide convenience and assist customers to access up to 50% of their salaries, with a maximum amount of Dh50,000, in advance till the next salary transfer. It will be offered to salaried individuals with a minimum income of Dh5,000 per month

Samih Awadalla, Acting Global Head of Retail Banking Group at ADIB, commented: “Introducing “ADIB Yusr Salary Advance Finance” Product is the result of our commitment to providing our customers with innovative digital products that cater to their everyday needs and also in line with the bank’s overall strategy of supporting customers leverage new opportunities through innovative products and features. We have observed that people sometimes face difficulty in bridging the gaps for their regular payments prior to receiving their regular monthly salary. The new product is developed in response to customers’ needs who normally pay such expenses through either card payment plans or seek alternate financial support.

The salary advance product is available to existing salaried customers whose salary has been credited to ADIB for at least the last three months. Customers can check their eligibility to apply for ‘Yusr’ through the mobile app.


ADIB’s efforts to be at the forefront of banking innovation have been widely recognized. The bank was awarded innovator Award by Global Finance Magazine. Over the past year the bank has launched Amwali, the UAE’s first digital banking platform designed to empower young people.

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