DIB Payment Wakala Deposit

• This is a Sharia Compliant Wakala Deposit Account
• Monthly payment wakala plan
• Deposits starting from AED 25,000
• Deposits in AED only
• Flexible deposit tenor of 3, 6, 9, 12, 18, 24, 36 and 60 months
• Opportunity to reinvest your investment amount
• No hidden fees with focus on savings

NIL

• For 3 months tenure, 0.35% per annum interest rate
• For 6 months tenure, 0.50% per annum interest rate
• For 9 months tenure, 0.60% per annum interest rate
• For 12 months tenure, 0.70% per annum interest rate
• For 18 months tenure, 0.85% per annum interest rate
• For 24 months tenure, 1.05% per annum interest rate
• For 36 months tenure, 1.20% per annum interest rate
• For 60 months tenure, 1.45% per annum interest rate

• A copy of the passport
• Emirates identity card
• Resident visa
• Salary certificate of the applicant
• Completely filled account opening form also needs to be submitted

• For UAE National or UAE resident
• Deposits starting from AED 25,000

• In case of premature withdrawal, 75% of Wakala Profit is deducted
• Expected profit rates vary, depending on investment tenure