ADIB Wakala Term Deposit account is suitable for you when you do not need immediate access to your money and would like to earn a higher rate of profit than a savings account.


  • ​​​Higher expected profit rate (compared to a regular Savings Account).  
  • Account statements will be delivered quarterly

Schedule of Charges
​Banking service agreement

Required Documents


  • ​​Original copies of company incorporation documents including: Trade/Professional License, Commercial Registration, Chamber of Commerce Membership Certificate, Memorandum of Association, and any subsequent amendments (including Board Resolution) and Power of Attorney
  • Original valid passport and passport copies of all partners including residence visa for signatories
  • Original valid passport and Emirates ID for the signatory
  • Business Wakala Template sample


  • ​​A minimum deposit of AED 500,000 is required to open this account. ​