logo
Latest Blogs

Wakala Deposit

Grow profits through secure, Shari’ah-compliant investments while protecting financial well-being.

Predictable growth, ethical assurance

Earn returns while keeping your investments Shari’ah-compliant.

With ruya’s Wakala Deposit, your idle business funds are invested in Shari’ah-compliant investments with the aim of generating competitive returns.

You’ll have clear visibility on the deposit tenure and expected profit rates, while monitoring actual performance in real time through our digital platform. Stay in control of your cash reserves and grow your business wealth with confidence and transparency.

Image

Wakala Deposit key benefits

icon

Pre-Agreed Expected Profit Rates

100% adherence to Islamic banking principles, providing ethical financial solutions. 

icon

Flexible Tenure Options

Choose from multiple investment periods that suit your needs.

icon

Seamless Access

Manage and monitor your deposits through digital banking.

Profit rates

TenorExpected Profit Rate Per Annum
1 month3.65%
3 month3.75%
6 months3.50%
12 months3.50%
 
Deposit AmountPayment
Min. amount AED 5,000 Up to AED 5,000,000At maturity

Frequently Asked Questions

Your questions answered

Wakala Deposit Documentation

Key Facts Statements

Investment Deposits and Term Investment Deposits - AR

Download PDFicon

Internal Shari’ah Supervision

Approved by the Internal Shari’ah Supervision Committee

Download PDFicon

Terms and Conditions

Investment Deposits - AR

Download PDFicon