Al Hilal Bank Wakala Deposit

Al Hilal Bank

Min. Deposit

5,000 AED

Interest Rate

Choice of Terms

1 to 12 months

Features

Internet Banking

Islamic Banking

Joint Account Possible

Mobile Banking

Multiple Currencies

No Salary Transfer

Sharia Compliant

Al Hilal Bank Wakala Deposit is a Sharia Compliant Wakala deposit account. Attractive expected returns, flexible deposit tenures, Monthly profit distribution. Account for individuals, joint account holders and minors.

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Benefits

This is a Sharia Compliant Wakala deposit account
Flexible deposit tenures of 1, 3, 6 or 12 months
Deposit starting from AED 5,000
Eligible for individuals, joint account holders and minors
Account available in both AED and USD currency
Maximum expected profit on maturity
Monthly profit distribution option

Fees & Charges

NIL

Interest Rates

Profit rate applicable, as per bank norms

Documents Required

Filled form

Eligibility

Available to UAE nationals, residents and non-residents
Minimum deposit of AED 5,000

Addition Information

Expected profit rates mentioned are based on best performance
Credit card based on the deposit amount
Free Internet, Mobile, SMS & 24/7 Automated Banking facilities

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