Emirates NBD Wakala Deposits Emirates NBD Min. Deposit 4,000,000 Interest Rate 0% Choice of Terms 1, 3, 6, 9 and 12 monthsFeatures Conventional Banking Internet Banking Joint Account Possible Mobile Banking Multiple Currencies No Salary Transfer Sharia CompliantEmirates NBD Wakala Deposits is a Sharia Compliant Wakala Deposit Account. Multiple tenure options, profit rates based on investment. Apply NowBenefitsThis is a Sharia Compliant Wakala Deposit AccountDeposit available in AED and USDMinimum deposit of AED 4 Million or USD 1 MillionFlexibility of choosing the tenorChoose from 1, 3, 6, 9 and 12 months for Wakala depositNo premature closures and partial withdrawals are allowedFees & ChargesNILInterest RatesHigh interest rates applicable on Emirates NBD Wakala DepositsDocuments RequiredFor UAE Nationals:A copy of the passportEmirates identity cardResident visaSalary certificate of the applicantFor residents of UAE:Copy of visaEmirates identity cardCopy of the passportSalary certificate issued by the employerFor Non-residents of UAE:Copy of passportCopy of valid visit visaApplicant’s three-month bank statement with the existing bankIntroduction letter from an existing Emirates NBD bank customerUtility Bill (Not more than 3 months old)EligibilityAvailable to UAE nationals, residents and non-residentsDeposit available to individuals and non-individualsMinimum deposit starting from AED 4 millionAddition InformationAvail online & mobile bankingProfit rates based on the investments Apply Now
