Corporate Islamic Deposit Account
Expand your company’s horizons by exploring ethical investment opportunities globally.
Invest in a better world without compromising your company’s ethical values.
Multi-currency
USD, GBP, EUR
Flexible Tenure
12, 24 or 36
months
Ethical Investments
Ensure your corporate deposits align with Islamic principles. Invest in Shariah-compliant instruments and benefit from fair profit sharing.
- Based on the Islamic Mudarabah concept
- Ethical investments & profits
- Positive impact on the global community
Global Investments
Diversify your company’s investment portfolio with enhanced financial privacy. Protect your business from economic fluctuations by investing through a global bank.
- Invest in multi-currency
- Flexible tenure
- Withdraw up to three times a year
Invest Virtually
Need to catch a flight or working from home? No problem! Streamline your corporate investments and finances through our user-friendly digital platform.
- 24/7 access
- Global accessibility
- Online banking
The general criteria to opening an account is detailed below:
- Has active existing Corporate Current Account
No additional documents needed. With an active existing Corporate Current Account, you only need to send in an application form.
If you are interested, please email us your request at:
customer@waafibank.com
Frequently asked fees and charges applied for CIDA is detailed below:
| Minimum Deposit | USD 50,000 |
| Profit Sharing Ratio | 50:50 |