Profit Rates

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Declared Profit Rates

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

Islamic Active Saver Account

Daily Account Balance
(effective 1st January ’22)
Expected profit Rate per annum
(Effective 1st January 2022)
Less than AED 200,000 0.25%
AED 200,000 to less than AED 2 Million 0.40%
AED 2 Million up to AED 10 Million 0.60%
Above AED 10 Million up to AED 20 Million 0.80%
Above AED 20 Million 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

Profit rates are Per Annum
Product From 5K up to 250K Above 250K up to 500K Above 500K
Term Deposit - 1 Month 0.01% 0.01% 0.01%
Term Deposit - 2 Months 0.02% 0.02% 0.02%
Term Deposit - 3 Months 0.02% 0.02% 0.02%
Term Deposit - 6 Months 0.05% 0.05% 0.05%
Term Deposit - 12 Months 0.10% 0.10% 0.10%

Savings Accounts

Profit rates are Per Annum
Product AED USD EUR GBP
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

Wakala Deposits

Earn attractive expected profit rates of 0.20% per annum on AED Wakala Century for a tenure of 500 days. For further details, please refer below table

Tenure AED USD
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 and subject to change without prior notice. Minimum deposit amounts are AED 5,000 or equivalent in USD