Email Print Minimize font Reset font size Enlarge font

Wakala Deposits

Wakala Deposits

At ADCB Islamic Banking, we believe it’s always good to put your money to work. With attractive expected profit rates on Wakala Deposits, you can potentially grow your savings over a period of time. You also have the ability to open multiple Wakala deposits of varying tenures.

Expand all Collapse all

  • Regular Wakala Deposit

    • Profit is disbursed on maturity
    • Flexible tenures of 1, 2, 3, 6 or 12 months
    • Minimum deposit amount of AED 50,000 (or equivalent in respective currencies)
    • Available in AED, USD, GBP, EURO and other currencies
  • Wakala Century Deposit

    • Profit is calculated on a daily basis, disbursed on maturity
    • Flexible tenures of 50, 100, 200 or 400 days
    • Minimum deposit amount of AED 50,000 (or USD equivalent)
    • Available in AED and USD currencies
  • Premium Wakala Deposit

    • Low minimum deposit amount of AED 25,000 (or USD 10,000 for Offshore)
    • Deposit up to AED 10 million (USD 5 million for Offshore)
    • Available in AED and USD currencies
    • Profit is disbursed on maturity
  • Approved by Shari’ah and Supervisory Board

    To view the Fatwa issued by the Shari’ah Board authenticating compliance of the product structure and documentation, please click here

    For more information or to apply, call us toll free on 800 5626 or visit any ADCB branch across the UAE.

3 Simple Ways To Apply

Call Us - 800 5626

Terms and Conditions apply.

  • Contact Us
  • ATMs / Branches

Call - 8005626

SMS - TID to 2626

Write to Us

I want to:

Zakat Fund

Make your charitable Zakat payments online,conveniently

Read more

ib_zakat_img