Upfront Profit Wakala Deposit

See how fast your profits take off with Ajman Bank’s Upfront Profit Wakala Deposit

With Ajman Bank’s Upfront Profit Wakala Deposit, you’ll see your profits take off immediately. Because now, you no longer have to wait for your investments to mature – you can get your profits upfront and enjoy returns right away.

Features & Benefits

• Receive upfront profit on deposit placement and enjoy returns right away
• Withdraw the upfront profit funds as per convenience
• Choose from flexible tenure options of 6 months, 1, 2 and 3 years
• Minimum deposit amount of AED 100,000
• Additional current account with no minimum balance requirement and FREE debit card
• Deposits are  acceptable only in UAE dirhams
• Profit rate calculation based on expected profit rate
• Product is structured under Sharia concept of “Wakala”

Documents Required

• Duly filled and signed Account Opening Form and Upfront Profit Wakala Deposit Agreement
• Original and Copy of Emirates ID for UAE Nationals and Expatriates
• Original and Copy of Passport for both UAE Nationals and Expatriates (VISA page is required for Expatriates)

Terms & Conditions Apply

Faster & Secure way to pay anywhere

Ajman Bank Mastercard debit and credit cardholders can now enjoy the experience of seamless payments using Samsung Pay.

Samsung Pay is widely accepted at almost all UAE & international retail, shopping, and dining outlets  in the most secure, convenient, and simple way.

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Frequently asked questions link

Turn speed into smiles with Ajman Bank Contactless:

Your transactions are now faster with Ajman Banks contactless technology.

Contactless transactions are payment transactions that does not require a physical contact between your card and the merchant's terminal, thus allowing you to make payments faster and easier as well as reducing the need for you to carry cash!

Terms & Conditions Apply

FAQ's

Pay with Samsung Pay through your Ajman Bank Debit and Credit Cards and stand a chance to win one of six Samsung Galaxy S9 64 GB.The more you spend the higher your chances to win.

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