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Term Investment Deposits

The Sharia compliant Term Investment Deposit not only helps you grow your savings quickly, but also does this with safety and convenience that guarantees your peace of mind.

Term Investment Deposits are available in flexible tenures for your convenience. What’s more is that all this is available in a choice of AED, USD, GBP or EUR Accounts, giving you complete flexibility on your investment.

The Term Investment Deposit is based on the Islamic principle of ‘Mudaraba’ which means you can earn profit on your deposits. The profit is declared and credited on a quarterly basis.

With your Term Investment Deposit, you automatically receive free Takaful cover equivalent to the value of your deposit – at no extra contribution, no medical tests or additional documentation. And what’s more, an easy payout feature means that you get this exceptional benefit completely hassle-free.

Note: For terms and details of Life Takaful cover please click here.

Our free online, SMS and mobile banking services give you simple and secure banking on the go:

1.Click and Easy banking with Online Banking

2.RAKdirect Number 600 54 0044

3.SMS alerts through your mobile phone

Get your Term Investment Deposit today. Apply now online or visit your nearest RAKBANK branch.

Terms and conditions apply.

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