Islamic Deposit 2024 Campaign
Future-proof
your cash reserve
Turn your cash reserve into a powerful earning tool.
Up to 3.00% p.a. for a 12-month tenure.
Idle cash in your account?
Time to make them work!
Indicative returns up to
with a 12-month Islamic Deposit
Campaign period:
15 July 2024 - 31 December 2024
Not a Waafi Bank customer yet?
Click here to open an Account with us
Terms and conditions apply
Campaign Rates
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|---|---|---|
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Atomic Number
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Chemical Symbol
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Element Name
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Sample # 1
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Sample # 1
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He
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Helium
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3
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Li
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Lithium
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“What do you mean I need to make my money work?”
Let your money flourish safely and securely by placing it in an Islamic Deposit.
- Invest your deposits in ethical businesses around the world
- Invest in USD for extra protection against currency changes
Stop missing out on great returns
It’s time for you to join others who gain higher returns with Waafi Bank’s Islamic Deposit.
- Competitive projected growth
- Low risk and secure
- Locking in your money helps you save with a goal in mind
“How do I place my money in an Islamic Deposit?”
It’s simple! With Waafi Bank’s Islamic Deposit, you set it once, then you just sit back and relax while we do all the work. Here’s how:
Open Your Account
Click here to open an Individual account with us.
For Corporate accounts, please email to customer@waafibank.com
Deposit Your Funds
Watch it Grow
After 12 months maturity, your deposits will be distributed according to you profit payment instructions.
Future-proof your financial reserves today
Important Notes
1. To qualify for the campaign rates under the Islamic Deposit 2024 Campaign, you must
- Place a minimum deposit of USD 300 for a 12-month tenure during the Campaign Period for Individual Account holders.
- Place a minimum deposit of USD 50,000 for a 12-month tenure during the Campaign Period for Corporate Account holders.
2. The Campaign Rates apply for a single cycle. Upon maturity, your deposit will automatically renew at the prevailing rate offered by Waafi Bank, unless you direct the transfer of the initial deposit plus profit to your designated savings or corporate current account as specified in the application form.
Terms and Conditions
FAQ
The general criteria to opening an account is detailed below:
- Open to individuals above 18 years old
- Has an active existing Individual Savings Account or Corporate Current Account
No additional documents needed. With an active existing Individual Savings Account or Corporate Current Account, you only need to send in an application form.
For corporate account holders, please register your interest at:
customer@waafibank.com
Frequently asked fees and charges applied for Islamic Deposit is detailed below:
| Account Opening Fee | Free |
| Account Maintenance Fee | Free |
| Minimum Deposit | USD 300 (Individual Account) ; USD 50,000 (Corporate Account) |
| Tenure | 12 months |