amana promo code IITW: USD 100 bonus in the UAE
If you are opening an amana account from the UAE, you can claim a USD 100 trading bonus by entering the promo code "IITW" when you sign up. Below we explain exactly how the offer works, what you have to do to unlock it, and one AED funding detail that catches out a lot of new users in the Emirates.
Quick summary: enter promo code "IITW" while creating your amana account, deposit at least USD 100 (roughly AED 367), and place one trade of any size. amana credits the USD 100 bonus once those conditions are verified.
What is the amana promo code?
amana is a Dubai-born trading app that gives MENA investors commission-free access to local and global markets - MENA stocks, US shares, ETFs, crypto, forex, and commodities - from a single app. "IITW" is a referral code that unlocks a USD 100 welcome bonus for new clients. You enter it at the final step of registration, and the bonus is added to your trading balance after you fund the account and place your first trade.
How to claim the USD 100 bonus
The whole process takes a few minutes inside the app:
- Download the amana app and start the registration.
- Complete onboarding and identity verification (you will need your Emirates ID and proof of details).
- Enter the promo code "IITW" at the final step of sign-up.
- Deposit at least USD 100 (read the AED note below before you fund).
- Make one trade of any size, on any asset.
- Keep the deposit in your account for 30 days from the first trade. Once verified, amana credits the USD 100 bonus, usually in the first week of the following month.
Heads-up for UAE users: fund in USD, not 100 AED
This is the step most people in the UAE get wrong. The amana app now defaults the funding currency to AED. If you type "100" thinking in dollars, the app can read it as 100 AED (around USD 27), which is below the USD 100 threshold and will not unlock the bonus. To qualify, either:
- Deposit at least 367 AED (the AED equivalent of USD 100), or
- Switch the funding currency to USD in the app before depositing 100.
Where do you enter the promo code?
The field to enter "IITW" appears on the final screen of the sign-up flow, just before you fund the account. If you have already finished onboarding without it, the code cannot be added retroactively, so enter it before you complete registration.
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Is the bonus available in the UAE?
Yes. The offer is open across the MENA region, including the UAE, Saudi Arabia, Qatar, Oman, Bahrain, Kuwait, Egypt, Jordan, Lebanon, Morocco, and others. A few countries are excluded, so if you are outside the UAE it is worth checking the in-app terms for your country before signing up.
Is the USD 100 withdrawable?
No - the USD 100 is a non-withdrawable trading bonus. You can use it to trade, and any profit you make while trading can be withdrawn subject to amana's terms, but the bonus amount itself cannot be cashed out directly. Treat it as extra buying power to get started, not as free cash.
One more thing worth knowing: amana also advertises interest on idle USD cash, but its terms reserve that perk for clients who are not referred by a third party. If you sign up with a promo or referral code, you may not qualify for the interest programme, so do not count on combining the two.
A quick word on amana itself
amana has operated for more than 15 years and is used by over 500,000 people across MENA. One detail UAE investors should understand: when you open an account through the amana app, you are contracting with AFS Global Ltd, regulated by the Labuan Financial Services Authority (LFSA) in Malaysia, rather than by the DFSA. For the full picture on fees, products, regulation, and safety, read our amana review.
Bottom line
The amana promo code "IITW" is one of the simpler welcome offers in the UAE: sign up, add the code, deposit at least USD 100 (or 367 AED), and place a single trade to receive a USD 100 trading bonus. Just remember to set the funding currency correctly and to enter the code before you finish registration, since it cannot be applied afterwards.
This article is for informational purposes only and does not constitute financial advice. It contains affiliate links; our editorial opinions remain independent. Investing in physical shares carries risk, and trading leveraged derivatives and volatile digital assets is high-risk and requires caution.
