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.


A Higher Expected Profit Rate
A higher profit rate is expected for ADIB Wakala Deposit Account holders (compared to a regular Savings Account). 


Account Statements
Your account statements are also sent to you by postal mail on a quarterly basis
Important Notes

This investment deposit is based on the Islamic principle of Wakala - restricted to Mudaraba - where you share profits as well as any losses.
A minimum of AED 500,000 is required to make an ADIBusiness Wakala Deposit​

Required Documents

  • Account opening form
  • Copy of national ID or passport copy with a valid residence visa for foreign residents
  • Recent utility bill​