Competitive expected returns
Retail Wakala Deposit gives you the option to reinvestment and also provides you with the benefit of flexible deposit terms with zero maintenance fees.
We give you the option to stick to your earnings plan for an even longer period by 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.
Higher expected returns coupled with the added advantage of selecting the deposit period that works best for you. Choose from 1, 3, 6, 9 ,12 and 24 month plans, each with their own expected profit rates.
Deposit Amount | ||||||
---|---|---|---|---|---|---|
AED 25,000 - AED 99,999 | AED 100,000 - AED 349,999 | AED 350,000 - AED 999,999 | AED 1,000,000 - AED 3,499,999 | AED 3,500,000+ | ||
Tenor | Profit Rate Per Annum | |||||
1 month | 4.45% | 4.50% | 4.55% | 4.60% | 4.70% | |
3 months | 4.05% | 4.10% | 4.15% | 4.20% | 4.30% | |
6 months | 4.00% | 4.05% | 4.10% | 4.15% | 4.25% | |
9 months | 3.75% | 3.80% | 3.85% | 3.90% | 4.00% | |
12 months | 3.55% | 3.60% | 3.65% | 3.70% | 3.80% | |
24 months | 3.15% | 3.20% | 3.25% | 3.30% | 3.40% |
Dubai Islamic Bank Successfully Issues Additional Tier 1 Sukuk