Absolute flexibility. High earnings

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

5,000 AED

Minimum deposit

Or equivalent in other currencies

90% Up to

Finance Against Deposit

of Wakala Deposit

4.00% Up to

Expected profit rate

per annum for AED deposits

4.25% Up to

Expected profit rate

per annum for USD deposits

Keep in mind

In the event of a withdrawal before the minimum tenor of the deposit, no expected profit shall be paid. If the deposit is redeemed after the minimum tenor but before the end of the deposit tenor, profit will be computed at 1% per annum less than the applicable expected profit rate for the actual tenor and will be payable for the actual number of days the Wakala Deposit was maintained. Unless provided otherwise in any application or supplemental Terms and Conditions of a specific Wakala Deposit product.
Payment of profit on premature deposits will be in accordance with the terms and conditions of the Wakala Deposit.

Key Features and Benefits

Minimum deposit of AED 5,000 or its equivalent in respective currencies
Enjoy an attractive expected profit rates
Available in UAE Dirhams, US Dollars, British Pounds and other currencies
Flexible tenor in days, months and years
Open to UAE Nationals and expatriates
Up to 90% Finance Against Deposit of Wakala Deposit to meet any immediate needs
Simple documentation.
Receive profit amount at periodic intervals of your choice (i.e. Upfront, Monthly, Quarterly or at Maturity)

Expected Profit Rates

Get Started

Opening an Wakala Deposits is quick and easy!

ADCB Mobile Banking App

Log in to ADCB Mobile Banking App
Click on ‘Accounts & Deposits’
Switch to ‘Deposits’ Tap and click on ‘new deposit’
Select your preferred Wakala and Apply
Select source account, deposit amount and tenor
Set maturity instructions as auto roll over or on maturity and Account for profit to transfer
Review all your selections and agree and confirm to all the mandatory fields to complete your application

Eligibility criteria

Terms and conditions

Approved by the Internal Shari’ah Supervision Committee

Enjoy a world-class customer experience when you bank with us.

In order to deliver the service you need, we'd like to know more about you, so please fill this form and a member of our team will contact you personally.

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Abu Dhabi Dubai Fujairah Ajman Ras Al Khaimah Sharjah Umm al Quwain

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Other ways to apply

Apply through SMS

SMS 'WD' to 2626 from your registered mobile number.

SMS 'WD' to 2626 from your registered mobile number.

ADCB Mobile Banking App

Open additional account through the ADCB Mobile Banking App. Download ADCB App

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^Deposits Wakala Deposits