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Deposits Wakala Deposit


Letting your money flex its muscles

With our Shariah compliant Wakala Deposit Account you receive attractive expected returns and a flexible deposit term of 1, 3, 6 or 12 months.

5,000 AED
Deposit Starting from
Tenor Option of up to 12 months
Multiple currencies
available in AED and USD
Features and Benefits

  • Shariah-compliant saving at attractive expected profit rates.
  • Eligible for individuals, joint account holders and minors.
  • Flexible tenures up to 12 months with option for multiple accounts of varying tenures.
  • The longer the tenure, the higher the expected returns.
  • Deposit starting from AED 5,000, available in both AED and USD currency.
  • Maximum expected profit on maturity (completion of the deposit tenure).
  • Monthly profit distribution option
  • Credit card based on the deposit amount**.
  • Free Internet, Mobile, SMS & 24/7 Automated Banking facilities.

** Subject to approval as per Al Hilal Bank’s credit card policy

Terms and Conditions

  • Expected profit rates mentioned are based on best performance
  • Wakala deposit agreement and general accounts and Islamic Banking services terms and conditions apply

Shariah Certificate

To view the Shariah Certificate, please click here

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