Minimum age
18 years
Mashreq Islamic Mudarabah Term Investment Account
Mashreq Al Islami Mudarabah Term Investment is a branch-opened deposit from AED 10,000 that shares pool profit quarterly: 1.88% for 12 months in Q3 2026.
An existing account with Mashreq is required, such as Mashreq Islamic Current Account.
At a glance
Account access
No debit card included.
Open through a Mashreq branch; available to active Mashreq Current or Savings Account holders.
In-app opening is not available.
An existing account with the bank is required.
The Mudarabah Term Investment Account is a Sharia-compliant term deposit where the return is a share of real investment results. You place AED 10,000 or more for a term between 7 days and 1 year. The bank pools it with other depositors' funds, invests the pool in Sharia-compliant activities, and shares the profit with you. Nothing is promised in advance. It is opened at a Mashreq branch by customers who already hold a current or savings account with the bank. If you would prefer to know the expected rate on the day you book, compare the Wakala Deposit.
Who can open it
Minors
A child under 18 can apply together with a guardian.
Fees and balance
Minimum deposit
AED 10,000
Profit
Profit is paid quarterly. Profit is calculated on the weighted average quarterly balance under the Mudarabah allocation: bank share 90%, customer share 10%. Investment losses are borne by depositors in proportion to their investment. Early redemption uses the last completed tenure; excess profit already paid is deducted from principal. Partial withdrawal is not permitted.
Available deposit tenures
7 days–12 months
3 months
Deposit amount less than AED 300,0000.77%
6 months
Deposit amount less than AED 300,0000.92%
9 months
Deposit amount less than AED 300,0001.03%
12 months
Deposit amount less than AED 300,0001.88%
Deposit amount more than AED 300,0001.94%
Declared for Q3 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 Q3 2026. More on this
What your money earns here
Tenure
12 months
Rate option
Deposits below AED 300,000
Deposit amount less than AED 300,000.
Uses the rates declared for Q3 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 188
profit over 1 year
1.88%
a year
profit earned over time
Rates are declared each quarter, after the pool's results are known.
Benefits
Quarterly Profit Payout
Profit is paid every quarter, including on a 12-month term, so you do not wait for maturity.
Deposits in Four Currencies
The investment can be booked in AED, USD, GBP or EUR.
Automatic Rollover
You can choose to have the deposit roll over automatically when it matures.
Shariah-compliant
Banking model
How to open
Before you apply
1.Open through a Mashreq branch; available to active Mashreq Current or Savings Account holders.
2.In-app opening is not available.
3.An existing account with the bank is required.
4.Minimum deposit: AED 10,000.
5.No debit card included.
Application steps
1.Hold an active Current or Savings Account with Mashreq Al Islami.
2.Visit a Mashreq branch with your valid Emirates ID. Expatriates also bring a valid passport with the residence visa page.
3.Choose the currency and a term between 7 days and 1 year.
4.Place AED 10,000 or more and say whether the deposit should roll over automatically at maturity.
Good to know
Good option for
Customers who specifically want a profit-sharing Mudarabah investment, are comfortable with a return that is only known each quarter, and can visit a branch to open it.
Consider another account if
You want to see a rate before you commit, need a term longer than 1 year, or want to book from your phone. See other Sharia-compliant accounts.
Withdrawing before maturity
You can only withdraw in full. The bank then recalculates your profit using the rate for the last term you actually completed. If the quarterly payouts you already received add up to more than that, the difference is deducted from the amount you invested. You must complete at least 1 month to receive any profit at all.
Frequently asked questions
Get answers to common questions about the Mashreq Islamic Mudarabah Term Investment Account