Wakala

Al Salam Bank portfolio of Wakala Account products is the smarter Islamic Solution to invest your money. We now offer a range of options to select from giving you flexibility and choice.

Wakala offers you a​ variety of different schemes to redeem your earnings:

  • Wakala​: Under this plan you can cash your estimated profits at maturity.​
  • Wakala Plus: With this scheme you will be able to cash your profit in advance to the extent of estimated profit for the entire period​ of deposit (profit on account), which is adjusted out of the final profit.
  • Easy Wakala: Enjoy the privilege of cashing your expected profits every month.

Features:


Competitive profit rates
Tenure​ Up to 5 years
Currency BD; USD; GBP; EUR
Minimum customer deposit BD 500



* Breakage charges (pre-closure): BD 20 profit paid at contracted rate or rate applicable for the period​, whichever is lower.

For further information, please contact our Client care center on 17005500.
To view terms and conditions, please click here.

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* ​Terms and conditions apply


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