Wakala Deposit
Tailored deposit options with attractive returns – built to support your ambitions
Smart, Secure Savings
Key Features
- Start saving with a minimum deposit of 10,000
- Benefit from competitive profit rates designed to grow your savings
- Choose a flexible deposit term of up to 12 months
- Receive your anticipated profit in full upon maturity
- Enjoy the convenience of automatic renewal at the end of your term
- Available in both AED and USD to suit your currency needs
Offers and Promotions
Grow your savings with certainty and confidence
Open an NBF Islamic Wakala Deposit and get up to 4.6% p.a.
Your Dream Jewellery Made Possible with NBF
Use your NBF credit card for purchases at Vinsmera Jewels and split the cost into NBF Easy Payment Plans.
Save on Driving Lessons
Your NBF card is your key to unlocking savings on driving lessons with Excellence Driving.
Relevant Links
Eligibility
- Applicants must meet the minimum deposit amount set by NBF.
- Individuals must be UAE residents or businesses must be legally registered in the UAE.
Required Documents
- Valid Emirates ID and passport copy for UAE residents applying as individuals
- Existing or newly opened NBF savings or current account required to place a deposit
Historic Rates
To view the historic rates, please click here.