Investment Deposit (Mudaraba)

El Nilein Bank

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Minimum Deposit AmountAED 10,000.00
CurrencyAED,USD
Tenure365 - 1095 days
Interest Payment FrequencyOn Maturity
Interest/Profit Rate4%
Early Withdrawal PenaltyIf withdrawn before 30 days, no profit is paid. If withdrawn before full tenure, profit is recalculated based on applicable weightages and a 1% reduction is applied.
Partial Withdrawal AllowedNo
Islamic DepositYes

Special Features

Unrestricted Mudaraba contract. Deposits are pooled into Sharia-compliant investments, with weightages determining profit distribution.

Other Deposits: