ADCB Islamic Wakala Deposit

• This is a Sharia Compliant fixed deposit account
• flexible tenures of 1, 2, 3, 6, 9, 12 months and 50, 75, 100, 150, 200, 375, 400, 500 daysfor Wakala Deposit Account
• Available in AED, USD, GBP and other major currencies
• Open to UAE Nationals, expatriates and non-residents

NIL

• Expected profit rates of up to 0.40% per annum and are subject to change without prior notice

For UAE Nationals:

• A copy of the passport
• Emirates identity card
• Resident visa
• Salary certificate of the applicant

For residents of UAE:

• Copy of visa
• Emirates identity card
• Copy of the passport
• Salary certificate issued by the employer

For Non-residents of UAE:

• Copy of passport
• Copy of valid visit visa
• Applicant’s three-month bank statement with the existing bank
• Introduction letter from an existing ADCB Islamic customer
• Utility Bill (Not more than 3 months old)

• Available to UAE nationals, residents and non-residents
• Available to all ADCB customers with an active Current or Savings account
• Minimum deposit of AED 5,000 or equivalent in respective currencies

• Apply through SMS or visit the closest branch to open Wakala deposit
• For early termination of Wakala Deposit, the bank will recover the amounts based on the calculation of the profit if bank has paid advance payments in relation to the actual profit