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Turn your savings goals into reality with the Recurring Wakala Deposit.
A Shariah compliant solution that helps disciplined savers grow their wealth through regular monthly contributions while earning competitive expected profit. Whether you're planning for a major purchase, a family milestone, education expenses, or simply building financial security, the Recurring Wakala Deposit makes saving easy, consistent and rewarding.
Grow your savings steadily through fixed monthly contributions.
Earn attractive expected profit on your accumulated savings throughout the deposit term.
Start your savings journey with a minimum monthly contribution of AED 500 or USD 200.
Benefit from attractive expected profit rates designed to help your savings grow over time.
Choose a monthly contribution amount and a tenor — from 6 months to 5 years — that align with your budget and financial goals.
Your savings are invested and managed in accordance with Shariah principles under a Wakala agency agreement.
Hold your Recurring Wakala Deposit in AED or US Dollars to match your savings preference.
Set up once and let your monthly contributions work towards your financial goals automatically.
Competitive expected profit rates to help your savings grow. Pick your preferred tenor and start growing your earnings in AED or USD.
Limited Time Offer — valid until 30 November 2026| Tenure | Expected Profit Rate in AED | Expected Profit Rate in USD |
|---|---|---|
| 6 Months | 2.70% | 2.70% |
| 1 Year | 3.00% | 3.00% |
| 2 Years | 2.70% | 2.70% |
| 3 Years | 2.00% | 2.00% |
| 4 Years | 2.00% | 2.00% |
| 5 Years | 2.00% | 2.00% |
Based on a monthly contribution of AED 500.
| Tenor | 6 Months | 1 Year | 2 Years | 3 Years | 4 Years | 5 Years |
|---|---|---|---|---|---|---|
| Expected Profit Rate (p.a.) | 2.70% | 3.00% | 2.70% | 2.00% | 2.00% | 2.00% |
| Total Contribution* (AED) | 3,000 | 6,000 | 12,000 | 18,000 | 24,000 | 30,000 |
| Maturity Amount** (AED) | 3,024.04 | 6,098.63 | 12,341.71 | 18,563.08 | 24,993.79 | 31,546.15 |
*Sum of all installments at the time of maturity.
**Sum of all installments including expected profit amount at the time of maturity.
Check your eligibility, register your interest, and sit back. Your savings are in responsible hands.
Who can apply
How to apply
Who can apply
How to apply
Everything you need to know about the Recurring Wakala Deposit.
Flexible deposit options designed to help you grow your savings with confidence and ease.
