EGP - Wekala Investment Deposit — Abu Dhabi Islamic Bank Egypt | Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

BANKY NOW 3 Nov 2026
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Islamic

EGP - Wekala Investment Deposit

Abu Dhabi Islamic Bank Egypt · Deposits · Islamic · Egyptian Pound · 3.5 · Monday 31 August 2026 - 08:49 AM

Wakala deposits are an excellent and balanced investment option for those seeking an Islamic investment with a fixed term and a relatively stable expected return.

Expected profit by payout
5.55% – 6.05%
Term
1 yr
Min. deposit
EGP 3,000
Payout
Monthly 5.55% · At maturity 6.05%

Returns

Rate type
Fixed
Payout
Multiple
Yield by payout
Monthly 5.55% · At maturity 6.05%
Rate tiers
  1. ≥ EGP 3,000 14 daysAt Maturity
    2.8%
  2. ≥ EGP 3,000 1 moAt Maturity
    4.9%
  3. ≥ EGP 3,000 2 moAt Maturity
    4.9%
  4. ≥ EGP 3,000 3 moAt Maturity
    5.05%
  5. ≥ EGP 3,000 6 moAt Maturity
    5.3%
  6. ≥ EGP 3,000 9 moAt Maturity
    5.8%
  7. ≥ EGP 3,000 1 yrCompounded monthly
    5.55%
  8. ≥ EGP 3,000 1 yrAt Maturity
    6.05%

Amount & term

Deposit type
Islamic Investment
Term
1 yr
Min deposit
EGP 3,000
Negotiable
No

Withdrawal & renewal

Early withdrawal
Yes
Auto-renew
Yes
Renewal rate type
Prevailing
Usable as collateral
No
Available online
Yes
Branch visit required
Yes

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EGP - Wekala Investment Deposit

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Our take 3.5

3.5 Banky rating

Pros

  • It complies with the principles and provisions of Islamic Sharia.
  • The deposit specifies an expected return in advance based on the agency agreement, giving the client greater ability to plan their cash flows compared to investment schemes with open-ended returns.
  • They are available with various maturities (short- and medium-term) to meet diverse savings needs.

Cons

  • The return is expected and not fully guaranteed.
  • Returns on deposits may be relatively lower compared to Sukuk and long-term certificates.

Our take

Wakala deposits represent an excellent, balanced investment option for those seeking a Sharia-compliant investment with a fixed term and a relatively stable expected return, avoiding high volatility. They are recommended for funds intended to be saved over short-to-medium periods; however, if your goal is to achieve maximum financial growth over the long term, long-term Islamic Sukuk may be the more suitable choice. At Abu Dhabi Islamic Bank – Egypt, these investment deposits operate based on the Sharia concept of *Wakalah bil-Istithmar* (agency for investment), whereby the customer appoints the bank as an agent to invest their funds under a specific agency agreement, based on an agreed-upon expected rate of return.

Wakala deposits are an excellent and balanced investment option for those seeking an Islamic investment with a fixed term and a relatively stable expected return.

Compare

Alternatives at a glance
EGP - Wekala Investment Deposit Abu Dhabi Islamic Bank Egypt This one Mudarba Investment Deposit Abu Dhabi Islamic Bank Egypt Wekala Floating Abu Dhabi Islamic Bank Egypt
Expected profit by payout
5.55% – 6.05% 6.55% Expected annual profit11.5% – 12.5%
Term
1 yr 1 yr 1 yr
Min. deposit
EGP 3,000 EGP 3,000 EGP 3,000
Payout
Monthly 5.55% · At maturity 6.05% At maturity Monthly 11.5% · At maturity 12.5%
Compare with 2 similar deposits

Added Monday 31 August 2026 - 08:41 AM Updated Monday 31 August 2026 - 08:46 AM