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Wakala Deposits

Is an Islamic contract by which the customer (Muwakil / Principal) provides the capital and authorizes the Bank (Wakkil / Agent) to act on his/her behalf and to invest the funds in Shari’ah compliant activities for returns and profits. The Muwakil / Principal and the Wakkil / Agent may agrees in advance on the expected profit amount that the investment may generate before signing the Wakala agreement.


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800 474

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+971 6 5987332

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800 72 32 72

Sadara international

+971 6 5987333

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