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DIB Advance Profit Payment Wakala

Dubai Islamic Bank

Dubai Islamic Bank

Min. Deposit

250,000 AED

Interest Rate

0.70%

Choice of Terms

6 months & 12 months

Features

Internet Banking
Islamic Banking
Mobile Banking
No Salary Transfer
Premature withdrawals
Sharia Compliant

Dubai Islamic Bank Advance Profit Payment Wakala is a Sharia Compliant Wakala Deposit Account. Deposit tenures of 6 months & 12 months. Attractive expected profit rate.

Apply Now

Benefits

  • This is a Sharia Compliant Wakala Deposit Account
  • Minimum deposit amount of AED 250,000
  • Deposit tenures of 6 months & 12 months

Fees & Charges

NIL

Interest Rates

  • For tenure of 6 months, 0.50% per annum expected profit rate
  • For tenure of 12 months, 0.70% per annum expected profit rate

Documents Required

  • 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

Eligibility

  • For UAE National or UAE resident
  • Minimum deposit amount of AED 250,000

Addition Information

  • Avail upfront profit on your investment
  • Wakala investment available for existing Current or Savings Account holders with Dubai Islamic Bank
Apply Now

Disclaimer: Information found on saverfox.com is provided for illustrative purposes only, rates are subject to change based on your personal circumstances. You should always speak to a trained professional before applying for any financial product

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