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Wakala Deposit

Grow profits through secure, Shari’ah-compliant investments while protecting financial well-being.

Predictable growth, ethical assurance

Earn fixed returns while keeping your investments Shari’ah-compliant.

With ruya’s Wakala Deposit, your idle business funds are invested in pre-agreed, Shari’ah-compliant ventures that offer stable and predictable returns. 



You’ll know exactly what to expect from your deposit tenure while ensuring your investments remain fully ethical. Monitor profits in real-time via our digital platform, stay in control of your cash reserves, and watch your business wealth grow confidently.

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Wakala Deposit key benefits

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Pre-Agreed Profit Rates

100% adherence to Islamic banking principles, providing ethical financial solutions. 

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Flexible Tenure Options

Choose from multiple investment periods that suit your needs.

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Seamless Access

Manage and monitor your deposits through digital banking.

Eligibility Criteria

Eligibility

Proof of
UAE Residency

To open a Ruya Kids Account, a parent must provide valid ID, proof of guardianship, and the child’s birth certificate or Emirates ID.

Eligibility

Age eligibility Requirement

To open a Ruya Kids Account, a parent must provide valid ID, proof of guardianship, and the child’s birth certificate or Emirates ID.

Eligibility

Valid
Emirates ID

To open a Ruya Kids Account, a parent must provide valid ID, proof of guardianship, and the child’s birth certificate or Emirates ID.

Eligibility

Compliance
Requirements

To open a Ruya Kids Account, a parent must provide valid ID, proof of guardianship, and the child’s birth certificate or Emirates ID.

Profit Rates

TenorExpected Profit Rate Per Annum
1 month3.90%
3 month4.00%
6 months3.75%
12 months3.50%
 
Deposit AmountPayment
Min. amount AED 5,000 Up to AED 5,000,000At maturity

Frequently Asked Questions

Your questions answered

Wakala Deposit Documentation

Key Facts Statements

Investment Deposits and Term Investment Deposits - AR

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Internal Shari’ah Supervision

Approved by the Internal Shari’ah Supervision Committee

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Terms and Conditions

Investment Deposits - AR

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