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Wakala

Boubyan Bank’s Sharia’ compliant Wakala deposit program enables you to deposit money in multiple currency options and benefit from profitable returns.

Benefits

  • Multiple term options starting from a minimum of 7 days to a maximum of 12 months
  • Returns known in advance 
  • Automatic renewal options available
  • Deposit money in four different currencies
    • Kuwaiti Dinar (KWD)
    • American Dollar ($)
    • Pound Sterling (£)
    • Euro (€)

Terms

  • Individuals aged 21 and above
  • Minimum deposit amount of 5,000 KD with unlimited maximum amount
  • For individual customers only
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