Product details
What you need to know
What to check
Understand DIB Retail Wakala Deposit
DIB Retail Wakala Deposit is a fixed deposits product from Dubai Islamic Bank. 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
- Eligibility: UAE nationals, residents and non-residents
- Expected Profit Rate: Indicative rate quoted at booking; actual profit is not guaranteed
- Profit Calculation: Investment amount x expected profit rate / 365 x tenor days
- Profit Payment: At maturity
- Early Redemption: Reduced completed-period profit applies; no profit within the first 30 days
- 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 |