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Deposit Weightages and Mudareb Share of Profit for Saving and Investment Deposit Accounts
Mudarib share is maintained at 17% for Q3 2019
Profit Rates on Mudaraba Time Deposits
Mudareb share of profit weightages
|
Type of Deposit |
AED |
US$ |
Others Cur.
|
|
One month deposit |
47% |
10% |
10% |
|
Three months deposit |
52% |
12.5% |
12.5% |
|
Six months deposit |
57% |
15% |
15% |
|
Nine months deposit |
61% |
20& |
20% |
|
One year deposit |
72% |
30% |
30% |
|
Saving account |
11% |
5% |
6% |
|
Call Deposit |
14% |
5% |
6% |
|
POWER Saving account |
5% |
- |
- |
|
Mudareb Share of Profit (Maximum) |
90% |
||
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