Upfront Profit Wakala Deposit

Ajman Bank

Ajman Bank logo
Minimum Deposit AmountAED 100,000.00
CurrencyAED,USD
Tenure180 - 1080 days
Interest Payment FrequencyUpfront
Interest/Profit Rate4.25%
Early Withdrawal PenaltyUpfront profit amount deducted from principal upon early withdrawal
Partial Withdrawal AllowedNo
Islamic DepositYes

Special Features

Profit is paid immediately upon booking instead of waiting for maturity.

Other Deposits: