Product details
What you need to know
What to check
Understand Emirates Islamic Booster Wakala Deposit
Emirates Islamic Booster Wakala Deposit is a fixed deposits product from Emirates Islamic. 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: Wakala
- Expected Profit Rate: Up to 3.40% p.a., subject to the current published offer
- Maximum Deposit Per Booking: AED 5,000,000
- Maximum Deposit Per Customer: AED 10,000,000
- Profit Payment: At maturity or milestone dates
- Early Redemption: Investment Savings Account realised profit rate applies for the actual period; paid profit is deducted from principal
- Sharia Structure: Wakala
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 islamic 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 |