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Profit Rates - 2020
Profit rates for the Shari'ah Compliant Savings and Investment accounts for 2020 are as follows:
4th Quarter 2020
|
Account Type |
Profit Rate (Annual) |
|
|
Saving |
0.21% |
|
|
MAI Easy Saver |
0.52% |
|
|
Account Type : Term Investment |
||
|
Deposit Period |
Deposit Amount |
Profit Rate (Annual) |
|
1 Week |
less than AED 300K |
0.08% |
|
more than AED 300K |
0.14% |
|
|
1 Month |
less than AED 300K |
0.32% |
|
more than AED 300K |
0.34% |
|
|
3 Months |
less than AED 300K |
0.49% |
|
more than AED 300K |
0.53% |
|
|
6 Months |
less than AED 300K |
0.59% |
|
more than AED 300K |
0.61% |
|
|
9 Months |
less than AED 300K |
0.66% |
|
more than AED 300K |
0.69% |
|
|
12 Months |
less than AED 300K |
0.72% |
|
more than AED 300K |
0.75% |
|
3rd Quarter 2020
|
Account Type |
Profit Rate (Annual) |
|
|
Saving |
0.27% |
|
|
MAI Easy Saver |
0.63% |
|
|
Account Type : Term Investment |
||
|
Deposit Period |
Deposit Amount |
Profit Rate (Annual) |
|
1 Week |
less than AED 300K |
0.11% |
|
more than AED 300K |
0.20% |
|
|
1 Month |
less than AED 300K |
0.45% |
|
more than AED 300K |
0.48% |
|
|
3 Months |
less than AED 300K |
0.70% |
|
more than AED 300K |
0.76% |
|
|
6 Months |
less than AED 300K |
0.84% |
|
more than AED 300K |
0.87% |
|
|
9 Months |
less than AED 300K |
0.94% |
|
more than AED 300K |
0.98% |
|
|
12 Months |
less than AED 300K |
1.02% |
|
more than AED 300K |
1.06% |
|
2nd Quarter 2020
|
Account Type |
Profit Rate (Annual) |
|
|
Saving |
0.37% |
|
|
MAI Easy Saver |
0.87% |
|
|
Account Type : Term Investment |
||
|
Deposit Period |
Deposit Amount |
Profit Rate (Annual) |
|
1 Week |
less than AED 300K |
0.15% |
|
more than AED 300K |
0.16% |
|
|
1 Month |
less than AED 300K |
0.62% |
|
more than AED 300K |
0.66% |
|
|
3 Months |
less than AED 300K |
1.15% |
|
more than AED 300K |
1.25% |
|
|
6 Months |
less than AED 300K |
1.39% |
|
more than AED 300K |
1.44% |
|
|
9 Months |
less than AED 300K |
1.55% |
|
more than AED 300K |
1.62% |
|
|
12 Months |
less than AED 300K |
1.70% |
|
more than AED 300K |
1.75% |
|
1st Quarter 2020
|
Account Type |
Profit Rate (Annual) |
|
|
Saving |
0.37% |
|
|
MAI Easy Saver |
0.87% |
|
|
Account Type : Term Investment |
||
|
Deposit Period |
Deposit Amount |
Profit Rate (Annual) |
|
1 Week |
less than AED 300K |
0.15% |
|
more than AED 300K |
0.16% |
|
|
1 Month |
less than AED 300K |
0.62% |
|
more than AED 300K |
0.66% |
|
|
3 Months |
less than AED 300K |
1.15% |
|
more than AED 300K |
1.25% |
|
|
6 Months |
less than AED 300K |
1.39% |
|
more than AED 300K |
1.44% |
|
|
9 Months |
less than AED 300K |
1.55% |
|
more than AED 300K |
1.62% |
|
|
12 Months |
less than AED 300K |
1.70% |
|
more than AED 300K |
1.76% |
|
Click here to view the profit rates for 2020
Click here to view the profit rates for 2019
Click here to view the profit rates for 2018
Click here to view the profit rates for 2017
Click here to view the profit rates for 2016
Click here to view the profit rates for 2015
Click here to view the profit rates for 2014
Click here to view the profit rates for 2013
Click here to view the profit rates for 2012
Click here to view the profit rates for 2011
Click here to view the profit rates for 2010
Click here to view the profit rates for 2009