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Savings and Investments

Business Wakala Deposit

Suitable for businesses where there is no immediate need to access your surplus savings, and which comes with a higher expected profit rate than with a savings account.*

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Key Benefits

  • icon Available in select currencies
  • icon Multiple options of investment periods
  • icon High expected profit (compared to a regular savings account)
benefit

Available in select currencies

Open your account in select currencies

Open your account in select currencies

benefit

Multiple options of investment periods

Multiple options of investment periods

benefit

High expected profit

High expected profit

Higher expected profit share (compared to a regular Savings Account)

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*In the Wakala Deposit the Bank will not guarantee any profits, or repayment of any part or entire portion in respect of Wakala Deposit, also these Deposits are exposed to potential losses which may even affect the principle amount of the funds deposited.

Documents you'll need

  • Trade License / Share Certificate / Incorporation Certificate
  • Signer Passport & Original Emirates ID
  • Partners Passport & Emirates ID
  • MOA
  • POA (if applicable)
  • Enity Address Proof
  • Personal Address Proof
*Additional documents may be requested according to ADIB policies and procedures

Eligibility

  • A minimum amount of AED 500,000 or equivalent in other currencies is required to open a Business Wakala Deposit.
  • Having a Current or Savings Account with ADIB Business is required to receive profit.
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