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FINANCIAL NEWS
Emirates Islamic offers up to 2.57pct profit rate
01 Jun 2017
(MENAFN) Emirates Islamic, one of the pioneering Islamic fiscal institutions in the UAE, launched Booster Wakala Deposit, providing high profit rates of 2.57 percent per annum.
Meanwhile, customers can open their Booster Wakala Deposit with a minimum balance of Dh100.000 and can predict profit rates ranging from 2.00 percent for one year.
In addition, the bank offers Booster Wakala Deposit where the bank will act as the Wakeel for the investor and manage the investment for a fixed tenure and expected profit rate.
Earlier this month, the bank proclaimed increased revenue rates on its Investment Term Deposits for the first quarter of the year, showing the bank”s strong fiscal performance.
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