Wakala Investment and Deposit Account

Wakala Investment and Deposit Account

Wakala Investment and Deposit Account

We take care of your fortune!

We are the perfect choice for large deposit amounts, as we directly invest the funds on your behalf based on the Shariah principle of Wakala Investment, and in Shariah compliant assets for the specific period desired. As a result, you become entitled to an expected return on maturity date.

Features

Because your profit is one of our priorities, you can trust us with WIDA-HNW account with the following special features:

  • Percentage of invested funds will be equal to 100% of the credit balance available in the customer’s account.
  • Profits shall be calculated on a daily basis and distributed at the end of every month.
  • Funds may be withdrawn from the account through transfers only.

Do you wish to obtain a Wakala Investment and Deposit Account?

All you have to do is follow these simple steps:

  • Audited financial statements and cash flow statements for the last three financial years
  • Your legal documents
  • You should have a current account at AUB
  • WIDA-HNW agreement to be signed

Fees and Commissions

Fees: Not applicable

Frequently asked questions

What if the balance of WIDA-HNW account exceed the maximum account balance of KWD25 Million?
The excess credit balance will be transferred to your current account.
What if you do not have a current account?
A current account will be opened at first then WIDA-HNW account will be opened.
Listen
 
Back to Top
Newsletter
Hide Sitemap
x

Login

Personal Banking Private Banking Corporate Banking Corporate Online Banking (B2B)
x

Register

Personal Banking Private Banking Corporate Banking (B2B) Modify Registration (B2B)