Standard Term Deposits

MAXIMUM INTEREST RATES APPLICABLE ON CUSTOMER AED DEPOSIT

DURATION OF THE DEPOSIT AMOUNT AMOUNT AMOUNT AMOUNT AMOUNT
  < 0.5M => 0.5M < 1.0M => 1.0M < 3.0M => 3M < 5M => 5M
CALL DEPOSIT 0.05% 0.10% 0.15% 0.20% 0.25%
TIME DEPOSIT = 1 Month 0.35% 0.40% 0.45% 0.55% 0.60%
TIME DEPOSIT = 2 Months 0.40% 0.50% 0.60% 0.70% 0.80%
TIME DEPOSIT = 3 Months 0.65% 0.75% 0.85% 0.90% 1.00%
TIME DEPOSIT = 6 Months 0.70% 0.80% 0.90% 1.00% 1.10%
TIME DEPOSIT = 9 Months 0.80% 0.90% 1.00% 1.10% 1.20%
TIME DEPOSIT = 1 Year 0.90% 1.00% 1.10% 1.20% 1.30%
TIME DEPOSIT = 18 Months 0.95% 1.05% 1.15% 1.30% 1.40%
TIME DEPOSIT = 2 Year 1.35% 1.45% 1.60% 1.70% 1.75%
TIME DEPOSIT = 2 1/2 Year 1.55% 1.65% 1.80% 1.90% 2.00%
TIME DEPOSIT = 3 Year 1.70% 1.80% 1.90% 2.05% 2.20%

 

Islamic Term Deposits

Q1 2015

Product Profits Rates Distributed
1 month Islamic Time Deposits 0.40%
3 month Islamic Time Deposits 0.65%
6 months Islamic Time Deposits 0.80%
1 year Islamic Time Deposits 1.05%

Q2 2015

Product Profits Rates Distributed
1 month Islamic Time Deposits NA
3 month Islamic Time Deposits 0.55%
6 months Islamic Time Deposits NA
1 year Islamic Time Deposits 0.95%

Q3 2015

Product Proposed Profit Rates
Islamic Saving Accounts 0.15%
1 month Islamic Time Deposits NA
3 month Islamic Time Deposits NA
6 months Islamic Time Deposits NA
1 year Islamic Time Deposits 1.1%