Product details
What you need to know
What to check
Understand Aafaq Flexi Wakala Deposit
Aafaq Flexi Wakala Deposit is a fixed deposits product from Aafaq Islamic Finance. Compare the rate for your exact amount and term, how returns are paid, and what happens if you withdraw early.
Published details
- Product Structure: Flexi Wakala
- Customer Type: Eligible business customers
- Expected Profit Rate: 14-day expected rate shown as 4.00%; rates change weekly and are not guaranteed
- Tenor: Minimum 14 days; no maximum tenure
- Flexible Deposits And Withdrawals: true
- Currency: AED
- Wakala Fee: AED 100
- Non Maintenance Fee: AED 20
Offers and eligibility can change. Check the linked official page and any key facts statement or schedule of charges before applying.
Simple guide
Should you consider this?
Consider this if
- ✓You can verify salary with the bank
- ✓You want everyday banking benefits
- ✓You want an official source link
- ✓You prefer higher-confidence source data
Compare more if
- ×You may carry unpaid balance month to month
- ×You need confirmed eligibility
- ×You need a different reward type
Source proof
Important fields with sources
| Field | Value | Source | Confidence |
|---|---|---|---|
| Source confidence | High | Official page | High |
| Last checked | Recently checked | Official page | High |