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Emirates NBD Wakala Deposits

Emirates NBD

Emirates NBD

Min. Deposit

4,000,000 AED

Interest Rate

0%

Choice of Terms

1, 3, 6, 9 and 12 months

Features

Conventional Banking
Internet Banking
Joint Account Possible
Mobile Banking
Multiple Currencies
No Salary Transfer
Sharia Compliant

Emirates NBD Wakala Deposits is a Sharia Compliant Wakala Deposit Account. Multiple tenure options, profit rates based on investment.

Apply Now

Benefits

  • This is a Sharia Compliant Wakala Deposit Account
  • Deposit available in AED and USD
  • Minimum deposit of AED 4 Million or USD 1 Million
  • Flexibility of choosing the tenor
  • Choose from 1, 3, 6, 9 and 12 months for Wakala deposit
  • No premature closures and partial withdrawals are allowed

Fees & Charges

NIL

Interest Rates

  • High interest rates applicable on Emirates NBD Wakala Deposits

Documents Required

For UAE Nationals:

  • A copy of the passport
  • Emirates identity card
  • Resident visa
  • Salary certificate of the applicant

For residents of UAE:

  • Copy of visa
  • Emirates identity card
  • Copy of the passport
  • Salary certificate issued by the employer

For Non-residents of UAE:

  • Copy of passport
  • Copy of valid visit visa
  • Applicant’s three-month bank statement with the existing bank
  • Introduction letter from an existing Emirates NBD bank customer
  • Utility Bill (Not more than 3 months old)

Eligibility

  • Available to UAE nationals, residents and non-residents
  • Deposit available to individuals and non-individuals
  • Minimum deposit starting from AED 4 million

Addition Information

  • Avail online & mobile banking
  • Profit rates based on the investments

 

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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