Product details
What you need to know
What to check
Understand Ajman Bank Mudaraba Term Deposit
Ajman Bank Mudaraba Term Deposit is a fixed deposits product from Ajman Bank. Compare the rate for your exact amount and term, how returns are paid, and what happens if you withdraw early.
Published details
- Sharia Compliant: true
- Account Structure: Mudaraba
- Profit Payment: Quarterly expected profit
- Early Withdrawal: Subject to bank approval; profit may be recalculated using the completed-tenor weightage and previously paid profit may be adjusted
- Deposit Type: Mudaraba term deposit
- Profit Distribution: Quarterly
- Investment Risk: Profit is not guaranteed and investment loss is borne by the account holder unless caused by the bank's misconduct or gross negligence
- Minimum Deposit: AED 10,000
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 |