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.

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In the event that Wakala Century Deposits are withdrawn prematurely, you may earn less or no profit as per the Bank’s policy.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.

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 tenures in months: 1, 2, 3, 6, 9, 12, 13 and days: 50, 75, 100, 150, 200, 375, 400, 500
Open to UAE Nationals, expatriates and non-residents
Simple documentation.
Receive profit amount at periodic intervals of your choice (i.e. Monthly, Quarterly or at Maturity)

Expected Profit Rates

Eligibility criteria

Terms and conditions

Approved by the Internal Shari’ah Supervision Committee

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

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Other ways to apply

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Call our 24-hour contact centre on 600 56 2626.

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^Deposits Wakala Deposits