Profits all year round.
Whether you're opening your first investment account or considering an alternative source of short-term profits, the Monthly Profit Payment Wakala deposit designed to suit your needs of getting paid monthly.
Use our alt online / alt mobile app to open your Wakala Deposit from the comfort of home - you’ll be well on your way to saving more and earning more too.
The Monthly Profit Payment Wakala Deposit plan comes with flexible tenure options, giving you added flexibility and ease when it comes to saving for tomorrow. Choose from 3, 6, 9, 12, 18, 24, 36 and 60month plans, each with their own expected profit rates.
With an investment plan that works according to your reqirements, you also have the opportunity of reinvesting your investment amount, easily and profitably.
We're keeping things simple with this deposit plan that allows you to focus on saving more and earning more, with no hidden fees.
| Description | Tenor | Profit Rate Per Annum |
|---|---|---|
| Monthly Profit Payment Wakala Deposit AED
(AED 100,000 and above) | 12 Months | 3.95% |
| Monthly Profit Payment Wakala Deposit AED | 3 Months | 3.80% |
| 6 Months | 3.70% | |
| 9 Months | 3.50% | |
| 12 Months | 3.40% | |
| 18 Months | 3.40% | |
| 24 Months | 3.45% | |
| 36 Months | 3.25% | |
| 60 Months | 3.10% |
The actual profits may differ from the anticipated profits and the Bank does not guarantee the payment of anticipated profits.
