Profit Rates - 2019
Profit rates for the Shari'ah Compliant Savings and Investment accounts for 2019 are as follows:
4th Quarter 2019
Account Type
|
Profit Rate (Annual)
|
Saving
|
0.39%
|
MAI Easy Saver
|
0.92%
|
Account Type : Term Investment
|
Deposit Period
|
Deposit Amount
|
Profit Rate (Annual)
|
1 Week
|
less than AED 300K
|
0.16%
|
more than AED 300K
|
0.29%
|
1 Month
|
less than AED 300K
|
0.65%
|
more than AED 300K
|
0.69%
|
3 Months
|
less than AED 300K
|
1.70%
|
more than AED 300K
|
1.84%
|
6 Months
|
less than AED 300K
|
2.04%
|
more than AED 300K
|
2.11%
|
9 Months
|
less than AED 300K
|
2.28%
|
more than AED 300K
|
2.38%
|
12 Months
|
less than AED 300K
|
2.40%
|
more than AED 300K
|
2.48%
|
3rd Quarter 2019
Account Type
|
Profit Rate (Annual)
|
Saving
|
0.40%
|
MAI Easy Saver
|
0.93%
|
Account Type : Term Investment
|
Deposit Period
|
Deposit Amount
|
Profit Rate (Annual)
|
1 Week
|
less than AED 300K
|
0.17%
|
more than AED 300K
|
0.18%
|
1 Month
|
less than AED 300K
|
1.10%
|
more than AED 300K
|
1.17%
|
3 Months
|
less than AED 300K
|
1.72%
|
more than AED 300K
|
1.86%
|
6 Months
|
less than AED 300K
|
2.07%
|
more than AED 300K
|
2.14%
|
9 Months
|
less than AED 300K
|
2.32%
|
more than AED 300K
|
2.42%
|
12 Months
|
less than AED 300K
|
2.39%
|
more than AED 300K
|
2.46%
|
2nd Quarter 2019
Account Type
|
Profit Rate (Annual)
|
Saving
|
0.41%
|
MAI Easy Saver
|
0.97%
|
Account Type : Term Investment
|
Deposit Period
|
Deposit Amount
|
Profit Rate (Annual)
|
1 Week
|
less than AED 300K
|
0.17%
|
more than AED 300K
|
0.18%
|
1 Month
|
less than AED 300K
|
0.69%
|
more than AED 300K
|
0.73%
|
3 Months
|
less than AED 300K
|
1.78%
|
more than AED 300K
|
1.93%
|
6 Months
|
less than AED 300K
|
2.14%
|
more than AED 300K
|
2.21%
|
9 Months
|
less than AED 300K
|
2.40%
|
more than AED 300K
|
2.50%
|
12 Months
|
less than AED 300K
|
2.62%
|
more than AED 300K
|
2.71%
|
1st Quarter 2019
Account Type
|
Profit Rate (Annual)
|
Saving
|
0.39%
|
MAI Easy Saver
|
0.91%
|
Account Type : Term Investment
|
Deposit Period
|
Deposit Amount
|
Profit Rate (Annual)
|
1 Week
|
less than AED 300K
|
0.16%
|
more than AED 300K
|
0.17%
|
1 Month
|
less than AED 300K
|
0.65%
|
more than AED 300K
|
0.69%
|
3 Months
|
less than AED 300K
|
1.83%
|
more than AED 300K
|
1.98%
|
6 Months
|
less than AED 300K
|
2.20%
|
more than AED 300K
|
2.28%
|
9 Months
|
less than AED 300K
|
2.40%
|
more than AED 300K
|
2.51%
|
12 Months
|
less than AED 300K
|
2.56%
|
more than AED 300K
|
2.64%
|