Emirates Islamic Booster Wakala Deposit Emirates Islamic Min. Deposit 25,000 Interest Rate 1.5% Choice of Terms 1 to 5 yearsFeatures Internet Banking Islamic Banking Joint Account Possible Mobile Banking No Salary Transfer Premature withdrawals Sharia CompliantEmirates Islamic Booster Wakala Deposit is a Sharia Compliant Deposit Account. Flexible deposit tenures, early withdrawal option. Apply NowBenefitsThis is a Sharia Compliant Wakala Deposit AccountAvailable in 1, 2, 3, and 5 years tenuresDeposit account available in AEDEarly withdrawal option availableNo profits are paid on early withdrawal during the first 6 monthsDeposits amount from a minimum of AED 25,000 up to AED 5 millionProfit pay-out on an annual basisFees & ChargesNot ApplicableInterest RatesFor 1 year term, get 0.75% interest rateFor 2 years term, get 0.80% interest rateFor 3 years term, get 1% interest rateFor 4 years term, get 1.40% interest rateFor 5 years term, get 1.50% interest rateDocuments RequiredNeed to have saving or current account with bankEligibilityAvailable to individuals, joint accounts and can also be opened for minorsAvailable for businesses including sole proprietorships, partnerships, Joint Stock and Limited Liability organizationsAddition InformationIf the deposit is withdrawn prior to the agreed maturity date, the prevalent savings rate at Emirates Islamic will be applied. Apply Now
