Profit Rates - 2021
Profit rates for the Shari'ah Compliant Savings and Investment accounts for 2021 are as follows:
4th Quarter 2021
Account Type
|
Profit Rate (Annual)
|
Saving
|
0.15%
|
MAI Easy Saver
|
0.35%
|
Account Type : Term Investment
|
Deposit Period
|
Deposit Amount
|
Profit Rate (Annual)
|
1 Week
|
less than AED 300K
|
0.10%
|
more than AED 300K
|
0.12%
|
1 Month
|
less than AED 300K
|
0.27%
|
more than AED 300K
|
0.30%
|
3 Months
|
less than AED 300K
|
0.39%
|
more than AED 300K
|
0.42%
|
6 Months
|
less than AED 300K
|
0.47%
|
more than AED 300K
|
0.49%
|
9 Months
|
less than AED 300K
|
0.52%
|
more than AED 300K
|
0.54%
|
12 Months
|
less than AED 300K
|
0.58%
|
more than AED 300K
|
0.60%
|
3rd Quarter 2021
Account Type
|
Profit Rate (Annual)
|
Saving
|
0.15%
|
MAI Easy Saver
|
0.31%
|
Account Type : Term Investment
|
Deposit Period
|
Deposit Amount
|
Profit Rate (Annual)
|
1 Week
|
less than AED 300K
|
0.05%
|
more than AED 300K
|
0.07%
|
1 Month
|
less than AED 300K
|
0.22%
|
more than AED 300K
|
0.25%
|
3 Months
|
less than AED 300K
|
0.34%
|
more than AED 300K
|
0.37%
|
6 Months
|
less than AED 300K
|
0.41%
|
more than AED 300K
|
0.44%
|
9 Months
|
less than AED 300K
|
0.46%
|
more than AED 300K
|
0.49%
|
12 Months
|
less than AED 300K
|
0.51%
|
more than AED 300K
|
0.53%
|
2nd Quarter 2021
Account Type
|
Profit Rate (Annual)
|
Saving
|
0.19%
|
MAI Easy Saver
|
0.40%
|
Account Type : Term Investment
|
Deposit Period
|
Deposit Amount
|
Profit Rate (Annual)
|
1 Week
|
less than AED 300K
|
0.08%
|
more than AED 300K
|
0.10%
|
1 Month
|
less than AED 300K
|
0.16%
|
more than AED 300K
|
0.18%
|
3 Months
|
less than AED 300K
|
0.34%
|
more than AED 300K
|
0.37%
|
6 Months
|
less than AED 300K
|
0.41%
|
more than AED 300K
|
0.44%
|
9 Months
|
less than AED 300K
|
0.46%
|
more than AED 300K
|
0.49%
|
12 Months
|
less than AED 300K
|
0.51%
|
more than AED 300K
|
0.52%
|
1st Quarter 2021
Account Type
|
Profit Rate (Annual)
|
Saving
|
0.17%
|
MAI Easy Saver
|
0.42%
|
Account Type : Term Investment
|
Deposit Period
|
Deposit Amount
|
Profit Rate (Annual)
|
1 Week
|
less than AED 300K
|
0.06%
|
more than AED 300K
|
0.08%
|
1 Month
|
less than AED 300K
|
0.16%
|
more than AED 300K
|
0.18%
|
3 Months
|
less than AED 300K
|
0.38%
|
more than AED 300K
|
0.40%
|
6 Months
|
less than AED 300K
|
0.46%
|
more than AED 300K
|
0.48%
|
9 Months
|
less than AED 300K
|
0.52%
|
more than AED 300K
|
0.54%
|
12 Months
|
less than AED 300K
|
0.57%
|
more than AED 300K
|
0.58%
|