Minimum Deposit Amount | AED 5,000.00 |
Currency | AED |
Tenure | 30 - 2190 days |
Interest Payment Frequency | On Maturity |
Interest/Profit Rate | 4% |
Early Withdrawal Penalty | If withdrawn before 30 days, no profit is paid. If withdrawn after 30 days, profit is recalculated at a lower rate minus 1% adjustment. |
Partial Withdrawal Allowed | No |
Islamic Deposit | Yes |
Special Features
Sharia-compliant deposit based on Wakala contract. Deposits are invested in Sharia-compliant activities with profit sharing.