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Wakala (For Term Investments)


Wakala refers to a contract where an investor authorizes an entrepreneur (Al-Falaah) to do certain financial transactions on his/her behalf. It is a contract of agency where Al-Falaah will act as an agent of the investor, while charging a fixed management fee (Wakala Fee). The profit of the Wakala will be shared according to a mutually pre-agreed profit rate. If the agent succeeds in generating a surplus (higher than agreed profit rate), he/she may retain it as agreed on the Wakala Agreement. Benefits at a glance: Higher profits, Highest Safety and Security Long term financial planning.

Wakala Investments, while providing an alternative to fixed or term deposit methodology, gives the investor a path to plan out investment returns and financial security.

  • Higher profits
  • Highest Safety and Security
  • Long term financial planning
  • Corporate Fixed deposits
PeriodMonthlyAnnuallyMaturity
Months
Rate
AER
Rate
AER
Rate
AER
18.19%8.50%--8.19%8.50%
38.13%8.44%--8.44%8.71%
68.36%8.69%--8.69%8.88%
129.74%10.19%10.19%10.19%10.19%10.19%
139.74%10.19%--10.19%10.15%
189.74%10.19%--10.19%9.95%
2410.43%10.94%10.94%10.94%10.94%10.40%
3610.88%11.44%11.44%11.44%11.44%10.34%
4810.88%11.44%11.44%11.44%11.44%9.88%
6011.33%11.94%11.94%11.94%11.94%9.81%

PeriodMonthlyAnnuallyMaturity
(Months)RateAERRateAERRateAER
18.19%8.50%--8.19%8.50%
38.13%8.44%--8.44%8.71%
68.36%8.69%--8.69%8.88%
1210.20%10.69%10.69%10.69%10.69%10.69%
1310.20%10.69%--10.69%10.64%
1810.20%10.69%--10.69%10.42%
2410.88%11.44%11.44%11.44%11.44%10.85%
3611.33%11.94%11.94%11.94%11.94%10.74%
4811.33%11.94%11.94%11.94%11.94%10.25%
6011.78%12.44%12.44%12.44%12.44%10.16%

PeriodMonthlyAnnuallyMaturity
Months
Rate
AER
Rate
AER
Rate
AER
18.19%8.50%--8.19%8.50%
38.13%8.44%--8.44%8.71%
68.36%8.69%--8.69%8.88%
129.74%10.19%10.19%10.19%10.19%10.19%
139.74%10.19%--10.19%10.15%
189.74%10.19%--10.19%9.95%
2410.43%10.94%10.94%10.94%10.94%10.40%
3610.88%11.44%11.44%11.44%11.44%10.34%
4810.88%11.44%11.44%11.44%11.44%9.88%
6011.33%11.94%11.94%11.94%11.94%9.81%