Deposit Weightages and Mudareb Share of Profit for Saving and Investment Deposit Accounts Mudarib share is maintained at 40% for Q2 2022
Profit Rates on Mudaraba Time Deposits
| Period | Proposed for | Distributed | Currency | Proposed for | Distributed |
| | Q2,2022 | On Q1,2022 | | Q2,2022 | On Q1,2022 |
| Term Deposits = AED |
| 1 Month | 0.93% Pa | 0.58% Pa |
| 3 Months | 1.03% Pa | 0.64% Pa |
| 6 Months | 1.13% Pa | 0.70% Pa |
| 9 Months | 0.00% Pa | 0.75% Pa |
| 1 Year | 1.43% Pa | 0.89% Pa |
| Profit Rates on Savings Bank Account |
| AED | 0.22% Pa | 0.14% Pa |
| USD | 0.10% Pa | 0.06% Pa |
| Euro | 0.00% Pa | 0.00% Pa |
| Term Deposits = USD | |
| 1 year | 0.60% Pa 0.37% Pa |
| Profit Rates on Call Deposits |
| AED | 0.28% Pa | 0.17% Pa |
| USD | 0.10% Pa | 0.06% Pa |
| Euro | 0.00% Pa | 0.07% Pa |
| GBP | 0.12% Pa | 0.07% Pa |
Mudareb share of profit weightages
| Mudareb Share of Profit Weightages |
| Type of Deposit | AED | USD | Other Currency |
| 1 Month | 47% | 10% | 10% |
| 3 Months | 52% | 12.5% | 12.5% |
| 6 Months | 57% | 15% | 15% |
| 9 Months | 61% | 20% | 20% |
| 1 Year | 72% | 30% | 30% |
| Saving Account | 11% | 5% | 6% |
| Call Deposit | 14% | 5% | 6% |
| POWER Saving account | 5% | – | – |
| Mudareb Share of Profit (Maximum) | 90% |