Minimum age
18 years
CBD Al Islami Mudaraba Investment Deposit
CBD Al Islami Mudaraba Investment Deposit is a Sharia-compliant term deposit from AED 10,000 for 1 to 12 months, with profit shared out every quarter.
At a glance
Account access
See opening stepsCBD Al Islami Mudaraba Investment Deposit is an Islamic term deposit. You place AED 10,000 or more, in dirhams or US dollars, for 1, 3, 6, 9 or 12 months, and there is no upper limit. Under Mudaraba you are the capital provider and the bank is the fund manager. Your money is mixed into a common pool and invested in Sharia-compliant financing and investment activities, and the pool's profit is divided between the bank and depositors in a ratio agreed beforehand. Unlike most term deposits, profit does not wait for maturity. It is calculated each calendar quarter and paid to your nominated CBD account in the following month. You can choose automatic renewal at maturity. Compare it with other Islamic accounts.
Who can open it
Residency
UAE resident or national
Fees and balance
Minimum deposit
AED 10,000
Profit
Profit is calculated on quarterly average balances and paid quarterly. No profit if encashed before completing 1 month. Later early encashment uses the new weightage for the actual tenure.
Available deposit tenures
1 month
Deposit below AED 1 million1.08%
Deposit from AED 1 million to below AED 10 million1.12%
3 months
Deposit below AED 1 million1.35%
Deposit from AED 1 million to below AED 10 million1.41%
6 months
Deposit below AED 1 million1.75%
Deposit from AED 1 million to below AED 10 million1.83%
9 months
Deposit from AED 1 million to below AED 10 million2.25%
12 months
Deposit below AED 1 million2.42%
Deposit from AED 1 million to below AED 10 million2.53%
Deposit from AED 10 million to below AED 100 million2.58%
Declared for Q1 2026
In plain words
- Profit rate
- An Islamic account does not pay interest. It pays you a share of what the bank earns on your money. The profit rate is that share as a yearly percentage of your balance. More on this
- Mudaraba
- A contract in which you provide the money, the bank manages it, and the two of you share the profit in a ratio agreed at the start. More on this
- Tenure
- The length of time you agree to leave the deposit in place. You choose it when you open the deposit, and the rate you get depends on the tenure you pick. More on this
- Declared rate
- The bank announces the profit rate for each period after the period ends. The rate shown is the one announced for Q1 2026. More on this
What your money earns here
Tenure
12 months
Deposit below AED 1 million.
Uses the rates declared for Q1 2026. The amount and the rate stay the same for the whole period, and the profit is paid out, not added to the balance. Try other rates
AED 242
profit over 1 year
2.42%
a year
profit earned over time
The rates shown are the profit rates declared for the first quarter of 2026. They record what the pool distributed. Longer terms and larger sums carry a heavier weighting in the profit calculation, which is why their rates are higher. Profit rates are not fixed in advance, so a later quarter can differ. Profit is paid within the first 21 days of the month after each quarter ends.
Benefits
Quarterly Profit Distribution
Profit calculated on quarterly average balances and paid to your nominated account
Auto Renewal Option
Option to renew the deposit automatically at maturity
AED And USD Deposits
Deposits accepted in UAE dirhams and US dollars
Shariah-compliant
Banking model
How to open
Application steps
1.Check you are a UAE national or UAE resident aged 18 or above.
2.Complete the account opening application form.
3.Provide your national ID or valid passport, residence visa and Emirates ID.
4.Choose AED or USD and a term of 1, 3, 6, 9 or 12 months.
5.Place AED 10,000 or more.
Good to know
Good option for
Savers who want a Sharia-compliant term deposit that pays profit during the term, with AED 10,000 or more to set aside for at least a month.
Consider another account if
You want to know your return before you commit. Mudaraba rates are declared after the quarter. The CBD Al Islami Wakala Investment Deposit gives an expected profit rate at the start and pays at maturity.
Withdrawing before maturity
Early withdrawal needs the bank's approval. If you take the deposit out before it has completed one month, no profit is paid. After one month, profit is recalculated using the weighting for the time the money was really held. If profit for the original term has already been paid to you, the bank recovers the difference.
Capital and profit are not guaranteed
This is an investment deposit. Profit depends on what the common pool earns, and the bank does not guarantee the Mudaraba capital, except where a loss results from the bank's negligence or breach of the Mudaraba terms.
Frequently asked questions
Get answers to common questions about the CBD Al Islami Mudaraba Investment Deposit