Deposits Wakala Deposits

ADCB

Absolute flexibility. High earnings

We made everything easy for you with the Wakala Deposit Account, which offers you flexible tenures and competitive expected profit rates.

5,000 AED
Min. deposit
Or equivalent in other currencies.
90% Up to
Finance Against Deposit
of Wakala Deposit
4.60% Up to
Expected profit rate
per annum for AED deposits.
4.60% Up to
Expected profit rate
per annum for USD deposits.

Keep in mind

  • In the event that Wakala Century Deposits are withdrawn prematurely, you may earn less or no profit as per the Bank’s policy.
  • Payment of profit on premature deposits will be in accordance with the terms and conditions of the Wakala Deposit.
  • In case of early termination of the Wakala Deposit and since the bank might have paid advance payments in relation to the actual profit, the Bank will recover all or part of any amounts based on the calculation of the profit in accordance with the consumer Islamic Banking Terms and Conditions.
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