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Flexi Term Deposit

THE FLEXI TERM DEPOSIT structured under Islamic WAKALA Investment concept by which the bank ( Wakkil ) acts as an agent on behalf of the customer ( Muwakkil ) to invest in the investment amount ( Deposit Amount ) and returns with expected profits according to the tenor of the investment with an additional flexibility of withdrawals during the Wakala tenor.

Main Features of the Product:

  • Fully Shari’ah Compliant.
  • Structured under Islamic Wakala Investment Concept.
  • Investors are expected to receive attractive yields on a semi-annual basis.
  • In case of falling profit rates in market client will continue to enjoy the expected high profit rates.
  • Risk is always kept to the minimum.
  • Clients have the flexibility of withdrawal at each Profit Payment Date.

Download application here.


You can reach us using any of the following numbers

UAB Toll Free

800 474

International callers

+971 6 5987332

Sadara Toll Free

800 72 32 72

Sadara international

+971 6 5987333

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