With the Dream Account, you have the flexibility to withdraw your funds anytime, and all returns are in accordance with Islamic Sharia Mudaraba principles.

Mudaraba formula is used to manage savers’ funds. Where the bank is the speculator, the saver is the owner of the money, and profits are shared based on a prior agreement by both parties.

To qualify for the dream savings account benefits, ensure you meet the following criteria:

• Minimum Initial Deposit
• Deposit and maintain at least 1,000,000 IQD when opening the account
• 1,000,000 IQD to qualify for the monthly prizes
• 2,000,000 IQD to qualify for the monthly and semiannual prizes
• Must be at least 18 years old to open a Dream account
• Account must be verified

• 1 chance for every 250,000 IQD
• Maximum 50 chances per customer

• Only IQD savings accounts for individuals are eligible
• All activities related to the savings account are compatible with the provisions of Islamic Sharia, and the policies and procedures are reviewed by the FIB’s Sharia Supervisory Board
• The minimum balance to participate in prize draws is 1,000,000 IQD
• Accounts must maintain the minimum balance for the entire month to qualify for the draw
• Prize winners will not be eligible for additional prizes for the next month draw
• Winners must consent to having their names published on social media; otherwise, an alternate winner will be chosen
• Physical prize winners must claim their prize within 30 days of notification
• Employees, their families, shareholders, and external auditors are not eligible for prizes
• Profits will be credited annually on December 31st, calculated based on the average balance maintained in the account throughout the year
• Policies and procedures are reviewed by our Sharia Supervisory Board

Yes, FIB app allows having multiple Dream Accounts for various savings goals.

Funds in a Dream Account need to be transferred out before account closure, contact FIB for more information​​.

Dream Account is designed to encourage savings without imposing additional costs​​.