Elite Islamic Investment Deposit Account

Invest in funds with different tenors serving your needs

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Features*

Shariah compliant Investment Deposits are structured based on the Shariah concepts of Wakalah (Islamic Term Deposit (Wakalah)) or Mudarabah (Islamic Term Deposit (Mudarabah))

The Islamic Term Deposit account is a profit-bearing investment account and the funds deposited into the Islamic Term Deposit are not guaranteed by the Bank

Islamic Term Deposit (Wakalah) - Profit is paid based on an agreed anticipated profit rates, subject to the performance of the investment

Islamic Term Deposit (Mudarabah) - Profit is distributed based on an agreed profit-sharing ratio and subject to the performance of the investment

Investment periods ranging from 1 to 12 months

Flexible profit reaping options

Receive the profits at maturity and renewing the capital over an additional period

Receive both the capital & profits at maturity

Islamic Wakala Rates

Historical profit rates distribution

Short Term Deposit (STI) Tenure	Mudarabah Profit Rate Distributed (Feb'25)	Mudarabah Profit Rate Distributed (Mar’25)	Mudarabah Profit Rate Distributed (Apr’25)
1 Month STI AED Deposit	0.94%	0.94%	0.94%
3 Month STI AED Deposit	1.04%	1.04%	1.04%
6 Month STI AED Deposit	1.21%	1.21%	1.21%
9 Month STI AED Deposit	1.25%	1.25%	1.25%
12 Month STI AED Deposit	1.49%	1.48%	1.48%

The above are the actual Mudarabah profit distribution rates and are indicative anticipated profit rates for the current month. Profit distribution rates in future months may vary
The profit is distributed monthly
The minimum holding period to earn profit for Wakalah deposit is 7 days and for Mudarabah deposit is 1 month
To view the historical profit rate distribution for previous years, click here

*General Terms & Conditions and Islamic Investment & Savings Account Schedule apply.
*Features are subject to alteration/cancellation
**Eligibility criteria are subject to change from time to time