Wakala Investment Deposit

Plan your long-term investments with different tenure options to suit your goals

Plan your long-term investments with different tenure options.

Higher expected profit rates

Flexible deposit tenures

Multiple currencies

Highlights

Higher expected profit rates
Flexible deposit tenures
Multiple currencies

Overview

With a minimum deposit of AED 10,000 and flexible tenure options starting from one month, invest with flexibility and convenience.

Top features

Earn interest rate

Higher expected profit rates

Flexible deposit tenures

Flexible deposit tenures

Multiple Currencies

Multiple currencies

Features and benefits

  • Invest with minimum deposit amount of AED 10,000 with no maximum deposit limit.

  • Profits are paid at maturity.

  • Flexible deposit terms starting from one month.

  • Premature encashment (withdrawal) is allowed - subject to terms and conditions.

  • Free online and mobile banking with 24/7 contact centre available.

  • Available in AED and USD.

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Eligibility

All individuals - UAE National and UAE residents and minimum age of 18 years
Companies registered and operated in UAE
Wakala Investment Deposit

Required documents

  • National ID or valid passport, residence visa and Emirates ID, completed Master Wakala Agreement (offer & Acceptance)

Frequently Asked Questions – Impact of Investment Risk Reserve

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Key Facts Statement

We kindly request you to carefully read and understand this document if you are applying for a CBD Al Islami Wakala Investment Deposit with Commercial Bank of Dubai.

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