Last Updated on 12 February 2026
Your details are safe and secured
Credit Bureau Consent, Welcome Offer & General Terms & Conditions
I hereby acknowledge and agree to allow Citibank to share my details with any UAE credit bureau and make enquiries about me with any UAE credit bureau at its sole and absolute discretion. I agree to the Terms and Conditions listed below. Citibank Terms and Conditions apply, are subject to change without prior notice and are available upon request. For the current Terms and Conditions, please visit our website www.citibank.ae. All offers are made available on a best-effort basis and at the sole discretion of Citibank, N.A. Citibank, N.A. makes no warranties and assumes no liability or responsibility with respect to the products and services provided by partners/other entities. By inquiring about our services, offers or products, you will be authorizing our representatives to approach you on your contact details including your telephone/mobile number for any product or service offered by Citibank. The applicant agrees to be bound by Citibank’s General Terms and Conditions available on the website www.citibank.ae. The applicant hereby represents and warrants that the information provided herein is true, accurate, and complete and that he/she agrees to remain responsible for and to indemnify Citibank, N.A. from and against any losses, claims and/or liabilities incurred by Citibank NA as a result of having relied on such information. Citibank, N.A. is not required to verify the information provided by the applicant and neither is the bank obliged to provide the applicant with any loans or credit facilities based on the provided information. The products and services mentioned on this website are not offered to individuals resident in the European Union, European Economic Area, Switzerland, Guernsey, Jersey, Monaco, San Marino, Vatican, The Isle of Man or the UK. This page is not, and should not be construed as, an offer, invitation or solicitation to buy or sell any of the products and services mentioned herein to such individuals.
Thank you for providing your details.
Dubai Islamic Bank Maximizer Wakala Deposit
Maximizer Wakala Deposit
Features
- Minimum investment of AED 10,000
- Fixed tenure of 18 months
- Sharia-compliant Wakala investment structure
- Expected profit rate increases every month
- Profit calculated monthly on incremental basis
- Full accumulated profit paid at maturity
- Lump-sum deposit placement
- Fully digital account opening via DIB alt mobile app or online banking
- Investment managed in accordance with Islamic finance principles
- Monthly Expected Profit Rates
- Month 1 – 0.50%
- Month 2 – 1.90%
- Month 3 – 2.00%
- Month 4 – 2.20%
- Month 5 – 2.30%
- Month 6 – 2.40%
- Month 7 – 2.50%
- Month 8 – 2.60%
- Month 9 – 2.70%
- Month 10 – 2.90%
- Month 11 – 3.10%
- Month 12 – 3.40%
- Month 13 – 3.70%
- Month 14 – 4.00%
- Month 15 – 4.30%
- Month 16 – 4.60%
- Month 17 – 4.80%
- Month 18 – 5.00%
- Expected profit rates are based on past performance and are not guaranteed.
- You do not get a dedicated relationship manager for this account
- No account opening fee
- No monthly maintenance fee on the deposit
- No profit calculation fee
- Early withdrawal subject to DIB’s terms and conditions
- Standard banking charges may apply as per DIB’s schedule of charges
- You can not open this account in other major currencies
- Required to maintain a minimum monthly balance of AED 10,000
Required Documents
- To open your DIB Maximiser Wakala Deposit, you will typically need:
- Valid Emirates ID
- Passport copy with valid UAE residence visa (for expatriates)
- Active DIB account for funding
- Digital acceptance of Wakala agreement through DIB alt channels
- Additional documents may be requested in line with UAE regulatory requirements.
Main Benefits
- Profit rates are high
- On a quarterly basis profit is credited to your account
- Advantage of automatic roll-over facility with flexible deposit tenures
- New Investment Deposits can be opened by calling +971 4 609 2222
- Through Al Islami Online Banking you can open Investment Deposits
- For minors you can open investment deposit account
Frequently Asked Questions
Q. What is the DIB Maximiser Wakala Deposit?
A. It is a Sharia-compliant 18-month Islamic term deposit offered by Dubai Islamic Bank, where DIB acts as an investment agent (Wakeel) under a Wakala contract.
Q. What is the minimum investment required?
A. The minimum investment amount is AED 10,000.
Q. Is there a minimum salary requirement?
A. There is no minimum salary requirement. The main requirement is meeting the minimum investment amount.
Q. Are the profit rates guaranteed?
A. No. The profit rates are expected and based on past performance. Actual profit depends on the outcome of Sharia-compliant investments.
Q. When is profit paid?
A. Profit is calculated monthly and paid in full at the end of the 18-month tenure.
Q. Can I withdraw before maturity?
A. Early withdrawal is subject to DIB’s applicable terms and may impact the expected profit.
Q. How do I open the deposit?
A. You can open it digitally through DIB alt online banking or the DIB mobile app.
Dubai Islamic
Dubai Islamic Bank (DIB), established in 1975 is the pioneer of Islamic banking that has seen a phenomenal growth. The Bank since inception has remained customer-centric organization, where honesty and customized personal service form the basis of all relationships. Though sticking to its root traditions, the bank equally blends with the commitment of innovation, flexibility, and modernity. Every customer of the bank is provided with comprehensive solutions for any financial need.
The bank works with the vision of providing unsurpassed customer service and becoming the world’s largest Islamic banking corporation.
Get in touch with Dubai Islamic Bank Customer Care