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What is Islamic premium saver deposit?

Premium Saver deposit is a monthly recurring deposit structured on Islamic concept of Wakala that allows you to build up your savings by investing a pre-fixed amount starting from AED 5,000 every month through standing order, for a defined period of 18 months. With Premium Saver you will get attractive expected returns on your monthly deposits. In addition, you will also get a bonus at maturity. Your total returns, if you don't miss your monthly contributions, can reach approximately 2.10% on average balance over 18 months (T&Cs apply). [Click here]( to learn more about Premium Saver

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