Invest your savings the Sharia-compliant way with Aafaq Islamic Finance Wakala Deposits. Whether you prefer fixed or flexible terms, our Wakala and Flexi Wakala options give you access to competitive profit rates, simple processes, and peace of mind knowing your funds are managed according to Islamic principles.
Features & Benefits
Competitive Profit Rates
Sharia Compliance
Quick & Easy Process
Enjoy attractive returns on your investment, with profit rates among the best in the market.
Structured under the Islamic principle of Wakala, ensuring full compliance with Sharia guidelines.
Open your investment effortlessly through Aafaq Digital channels or any Aafaq branch.
Flexibility (Flexi Wakala)
Advanced Profit
Access your funds with flexibility deposit and withdraw as per your needs.
Option to receive your profit in advance on selected tenors.
Expected Wakala Investment Deposit Profit Rates
4.00%
3.97%
3.77%
3.75%
3.71%
14 Days Tenor
1 Month Tenor
3 Months Tenor
6 Months Tenor
12 Months Tenor
Profit rates are subject to change on a weekly basis. Aafaq Islamic Finance does not assume responsibility for any variations that may occur during this period. The 14-day profit rate applies only to Flexi-Wakala Deposits. All other rates apply to both Wakala and Flexi-Wakala Deposits, based on tenure.
Deposit Criteria
Minimum Deposit Amount: AED 10,000 Actual profits may differ from anticipated profits. The institution does not guarantee payment of anticipated profits.
Apply Now
Our experts are ready to assist you in every step.
Aafaq Islamic Finance is licensed and regulated by the Central Bank of the UAE. All products and services are offered in accordance with Sharia principles approved by Aafaq’s Sharia Supervisory Board.
Finance Made Simple with Aafaq App
Apply for your Aafaq Platinum Credit Card in minutes, track spending in real-time, and control every aspect of your card directly from your phone. Experience the future of Islamic banking today.
