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Wakala Deposit

Predetermined, flexible and profitable. A deposit account based on Wakala Investment basis that gives you the flexibility to choose the time period of the deposit where it also earns you competitive returns.

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Features & Benefits

  • Sharia’a compliant investments and returns
  • Competitive and predefined profit rate
  • Minimum amount for opening the deposit is KD 5,000
  • Available in Kuwaiti Dinar and other major currencies - USD, Euro, GBP
  • Flexible tenure from 7 days to two years with auto renew option
  • Deposit amount can be withdrawn any time
  • Murabaha financing facilities available against the Deposit
  • Eligible to apply for Credit/Charge Cards

Required Documents

  • Original Civil ID
  • Opening an account at KIB
* Terms & Conditions apply.

Other Benefits

"KIB Contact Center"
Our 24/7 Contact Center

Sms Banking
Service

Free KIB
Mobile Banking

Cardless ATM
withdrawal service

Apply Now for your Wakala Deposit
Apply Now

A deposit account based on Wakala Investment basis that gives you the flexibility to choose the time period of the deposit where it also earns you competitive returns