Compare and Choose from our Term and Wakala Deposits

Term DepositWakala Deposit
Recommended if you wantCompetitive profit earnings on your depositHigher profit earnings on your deposit
Currencies offeredAED, EURO, GBP, USDAED, EURO, GBP, USD
Period or Tenure Available1 Month, 3 Months, 6 Months, 9 Months, and 12 Months1 Month, 3 Months, 6 Months, 9 Months, and 12 Months
Minimum Deposit AmountAED 10,000 or equivalent in other currenciesAED 1,000,000 or equivalent in other currencies
Profit EarningAs per Mudaraba Pool RatesAs per Wakala Contract Rates
Profit Payout OptionsMonthly, Quarterly, at MaturityMonthly, Quarterly, at Maturity
Renewal OptionsAutomatic at Maturity or on RequestAutomatic at Maturity or on Request
Other Benefits*Up to 90% finance against DepositUp to 90% finance against Deposit
 View this product onlyView this product only