Mudaraba Profit Rates

Declared Profit Rates

Find out more about the profit rates on all of our accounts.

Quarter 1 2022

Product	AED	USD	EUR	GBP	KWD	SAR
Profit rates are Per Annum
Islamic Business Edge Call Account	0.02%	0.01%	0.01%	0.01%	N/A	N/A
Islamic Premium Call Accounts	0.02%	N/A	N/A	N/A	N/A	N/A
Islamic Call Account - Commercial	0.02%	0.01%	0.01%	0.01%	N/A	0.01%
Islamic Call Account Corporate Elite	0.02%	N/A	N/A	N/A	N/A	N/A
Islamic Call Account Corporate Edge Elite Plus	N/A	0.01%	N/A	N/A	0.01%	N/A
Islamic Owners Association Account	0.02%	N/A	N/A	N/A	N/A	N/A

Quarter 2 2022

Product	AED	USD	EUR	GBP	KWD	SAR
Profit rates are Per Annum
Islamic Business Edge Call Account	0.02%	0.01%	0.01%	0.01%	N/A	N/A
Islamic Premium Call Accounts	0.02%	N/A	N/A	N/A	N/A	N/A
Islamic Call Account - Commercial	0.02%	0.01%	0.01%	0.01%	N/A	0.01%
Islamic Call Account Corporate Elite	0.02%	N/A	N/A	N/A	N/A	N/A
Islamic Call Account Corporate Edge Elite Plus	N/A	0.01%	N/A	N/A	0.01%	N/A
Islamic Owners Association Account	0.02%	N/A	N/A	N/A	N/A	N/A

Quarter 3 2022

Product	AED	USD	EUR	GBP	KWD	SAR
Profit rates are Per Annum
Islamic Business Edge Call Account	0.02%	0.01%	0.01%	0.01%	N/A	N/A
Islamic Premium Call Accounts	0.02%	N/A	N/A	N/A	N/A	N/A
Islamic Call Account - Commercial	0.02%	0.01%	0.01%	0.01%	N/A	0.01%
Islamic Call Account Corporate Elite	0.02%	N/A	N/A	N/A	N/A	N/A
Islamic Call Account Corporate Edge Elite Plus	N/A	0.01%	N/A	N/A	0.01%	N/A
Islamic Owners Association Account	0.02%	N/A	N/A	N/A	N/A	N/A

Quarter 1 2022

Product	AED	USD	EUR	GBP
Profit rates are Per Annum
Term Deposit 1 Month	0.01%	0.01%	0.01%	0.01%
Term Deposit 2 Months	0.02%	0.02%	0.01%	0.01%
Term Deposit 3 Months	0.02%	0.03%	0.01%	0.01%
Term Deposit 6 Months	0.05%	0.04%	0.01%	0.01%
Term Deposit 12 Months	0.10%	0.05%	0.01%	0.02%

Quarter 2 2022

Product	AED	USD	EUR	GBP
Profit rates are Per Annum
Term Deposit 1 Month	0.01%	0.01%	0.01%	0.01%
Term Deposit 2 Months	0.02%	0.02%	0.01%	0.01%
Term Deposit 3 Months	0.03%	0.03%	0.01%	0.01%
Term Deposit 6 Months	0.35%	0.04%	0.01%	0.01%
Term Deposit 12 Months	0.40%	0.05%	0.01%	0.02%

Quarter 3 2022

Term Deposit - Tenor	AED (P.A.)			USD (P.A.)	EUR (P.A.)	GBP (P.A.)
Term Deposit - Tenor	up to 250K	Above 250K up to 500K	Above 500K	USD (P.A.)	EUR (P.A.)	GBP (P.A.)
1 Month	1.80%	1.85%	1.90%	2.50%	0.01%	1.80%
2 Months	1.90%	1.95%	2.00%	2.50%	0.01%	1.80%
3 Months	2.10%	2.15%	2.20%	3.00%	0.01%	2.40%
6 Months	2.65%	2.70%	2.75%	3.50%	0.01%	2.95%
12 Months	2.90%	2.95%	3.00%	4.00%	0.01%	3.80%

Announcement of profit distribution method

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