Wakala Investment and Deposit Account

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Wakala Investment and Deposit Account

Choosing us for large deposit amounts is a decision rooted in sound financial principles. We pride ourselves on directly investing your funds on your behalf, adhering to the Shariah principle of Wakala Investment. This approach ensures that your investments are managed ethically and in alignment with Islamic financial guidelines. Rest assured that your funds will be strategically invested in Shariah-compliant assets for the specified period you desire. Our commitment is to provide a secure and transparent platform for your substantial deposits, offering a tailored investment experience that aligns with your values and financial goals.

Overview

We take care of your fortune!

Entrusting us with your substantial deposits is a decision aligned with the principles of sound Islamic finance. Through the Shariah principle of Wakala Investment, we directly invest your funds on your behalf in Shariah-compliant assets, tailored to the specific period you desire. By choosing our services, you become entitled to an expected return on the maturity date. This reflects our commitment to providing a transparent and ethical investment platform, ensuring that your financial goals are not only met but are also in harmony with Shariah principles. Your confidence in us for large deposit amounts is a testament to our dedication to responsible and Shariah-compliant financial practices.

Features

Your trust is paramount, and recognizing the significance of your profit, we are pleased to introduce the WIDA-HNW account with special features designed to prioritize your financial objectives, with the following special features:

Percentage of invested funds will be equal to 100% of the credit balance available in the client’s account.
Profits shall be calculated on a daily basis and distributed at the end of every month.
Funds may be withdrawn from the account through transfers only.

FAQ

Do you wish to obtain a Wakala Investment and Deposit Account?

All you have to do is follow these simple steps:

-Audited financial statements and cash flow statements for the last three financial years.

-Your legal documents.

-You should have a current account at KFH (formerly AUB).

-WIDA-HNW agreement to be signed.

What if the balance of WIDA-HNW account exceeds the maximum account balance of KWD 25 million?

-The excess credit balance will be transferred to your current account.

What if you do not have a current account?

-A current account will be opened before opening the WIDA-HNW account.

Fees and Commissions

Fees: Not applicable

Overview

We take care of your fortune!

Features

Your trust is paramount, and recognizing the significance of your profit, we are pleased to introduce the WIDA-HNW account with special features designed to prioritize your financial objectives, with the following special features:

Percentage of invested funds will be equal to 100% of the credit balance available in the client’s account.
Profits shall be calculated on a daily basis and distributed at the end of every month.
Funds may be withdrawn from the account through transfers only.