Declared Profit Rates in the UAE | ADCB Islamic Banking

Islamic Active Saver Account

Daily Account Balance	Expected Profit Rates per annum (valid till 28^th February’22)	Expected Profit Rates per annum (effective from 1^st March'22)	Expected Profit Rates per annum (effective from 1^st July'22)
Less than AED 200,000	0.25%	0.25%	0.40%
AED 200,000 to less than AED 2 Million	0.40%	0.40%	0.50%
AED 2 Million up to AED 10 Million	0.60%	0.60%	0.70%
Above AED 10 Million up to AED 20 Million	0.80%	1.00%	1.00%
Above AED 20 Million	0.20%	0.20%	0.20%

Daily Account Balance	Expected profit Rate per annum (valid until 31 December’21)
Less than AED 10,000	0.01%
AED 10,000 and less than AED 500,000	0.25%
AED 500,000 and less than AED 2,000,000	0.40%
AED 2,000,000 to up to AED 10,000,000	0.60%
Above AED 10,000,000	0.20%

Term Deposits

Quarter 1 2022

Product	From 5K up to 250K	Above 250K up to 500K	Above 500K
Profit rates are Per Annum
Term Deposit - 1 Month	0.03%	0.03%	0.04%
Term Deposit - 2 Months	0.04%	0.04%	0.04%
Term Deposit - 3 Months	0.05%	0.06%	0.06%
Term Deposit - 6 Months	0.35%	0.35%	0.35%
Term Deposit - 12 Months	0.40%	0.40%	0.40%

Savings Accounts

Quarter 4 2021

Product	AED	USD	EUR	GBP
Profit rates are Per Annum
Islamic Savings Account	0.10%	N/A	N/A	N/A
Emirati Millionaire Savings Account	0.05%	N/A	N/A	N/A
Millionaire Destiny Savings Account	0.05%	0.06%	N/A	N/A
Islamic Special Savings Account	0.10%	0.05%	0.01%	0.05%
Islamic Pocket Saver	0.10%	N/A	N/A	N/A
University Students Account	0.10%	N/A	N/A	N/A

Previous Years

Announcement of profit distribution method

The weightages as 1/10/2020

Wakala Deposits

Wakala Century Deposits

Earn attractive expected profit rates of 1.50% per annum on AED Wakala Century for a tenure of 500 days. For further details, please refer below table

Tenure	AED (Rates effective from 1st May,2022)	USD (Rates effective from 1st May,2022)
500 days	1.50%	Not Available
400 days	1.40%	1.30%
375 days	1.35%	1.20%
200 days	0.75%	0.50%
150 days	0.03%	0.04%
100 days	0.03%	0.03%
75 days	0.02%	0.02%
50 days	0.01%	0.01%

Tenure	AED (Rates valid until 30th Apr,2022)	USD (Rates valid until 30th Apr,2022)
500 days	0.20%	Not Available
400 days	0.15%	0.10%
375 days	0.10%	0.07%
200 days	0.05%	0.05%
150 days	0.03%	0.03%
100 days	0.03%	0.03%
75 days	0.02%	0.02%
50 days	0.01%	0.01%

Expected profit rates are per annum. Minimum deposit amounts are AED 5,000 or equivalent in USD

Wakala Deposits

Earn attractive expected profit rates of 1.25% per annum on Wakala Deposit* for a tenor of 13 months. For further details, please refer below table

Tenure	AED (Rates valid until 30th Apr,2022)	AED (Rates effective from 1st May,2022)
1 Month	0.01%	0.01%
3 Month	0.02%	0.02%
6 Month	0.35%	0.50%
9 Month	0.07%	0.60%
12 Month	0.10%	0.10%
13 Month	0.75%	1.25%

*Expected profit rates are per annum. Minimum deposit amounts is AED 50,000.

Deposits Profit Rates

Declared Profit Rates

Quarter 1 2022

Quarter 4 2021

Wakala Century Deposits

Wakala Deposits

^Deposits Profit Rates