Start future planning with Wakala Deposit.
Earn up to 4% on your savings!
Smart Savings, Secure Future
Planning for a major purchase? Or perhaps you have some cash you don’t need right now?
Deposit between AED 5,000 and AED 5,000,000 in Wakala Deposit. Enjoy one of the highest profit rates in the market with tenors starting from just one month.
Key Features
- Adaptability: Flexible tenor of 1, 3, 6, and 12 months to suit your needs
- Reliable Growth: Enjoy very competitive profits, paid at maturity
- User-Friendly: Conveniently manage your deposits via mobile
Profit Rates
TENOR
DEPOSIT AMOUNT
PAYMENT
EXPECTED PROFIT RATE PER ANNUM
1 month
3 months
6 months
12 months
Min. amount AED 5,000
Up to AED 5,000,000
At maturity
3.90%
4.00%
3.75%
3.50%
TENOR
DEPOSIT AMOUNT
PAYMENT
EXPECTED PROFIT RATE PER ANNUM
1 month
3 months
6 months
12 months
Min. amount AED 5,000
Up to AED 5,000,000
At maturity
3.90%
4.00%
3.75%
3.50%
Documentation
- Key Facts Statements - Personal Banking - Wakala and Term Investment Deposits - AR
- Key Facts Statements - Personal Banking - Wakala and Term Investment Deposits - EN
- Terms and Conditions - Personal Banking - Wakala Deposits - AR
- Terms and Conditions - Personal Banking - Wakala Deposits - EN
- Approved by the Internal Shari'ah Supervision Committee
How to download the ruya app
The ruya app is available to download from Google Play and App Store. Signing up is easy and quick, and your new Islamic account will be up and running in only a matter of minutes.
