Compare and Choose from our Term and Wakala Deposits

Term Deposit Wakala Deposit
Recommended if you want Competitive profit earnings on your deposit Higher profit earnings on your deposit
Currencies offered AED, EURO, GBP, USD AED, EURO, GBP, USD
Period or Tenure Available 1 Month, 3 Months, 6 Months, 9 Months, and 12 Months 1 Month, 3 Months, 6 Months, 9 Months, and 12 Months
Minimum Deposit Amount AED 10,000 or equivalent in other currencies AED 1,000,000 or equivalent in other currencies
Profit Earning As per Mudaraba Pool Rates As per Wakala Contract Rates
Profit Payout Options Monthly, Quarterly, at Maturity Monthly, Quarterly, at Maturity
Renewal Options Automatic at Maturity or on Request Automatic at Maturity or on Request
Other Benefits* Up to 90% finance against Deposit Up to 90% finance against Deposit
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