සිංහල தமிழ்
Inquire Now

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
18.84%9.21%--8.84%9.21%
38.96%9.34%--9.34%9.67%
69.42%9.84%--9.84%10.08%
1211.02%11.59%11.59%11.59%11.59%11.59%
1311.02%11.59%--11.59%11.54%
1811.02%11.59%--11.59%11.28%
2411.69%12.34%12.34%12.34%12.34%11.66%
3612.14%12.84%12.84%12.84%12.84%11.47%
4812.14%12.84%12.84%12.84%12.84%10.92%
6012.59%13.34%13.34%13.34%13.34%10.76%

PeriodMonthlyAnnuallyMaturity
(Months)RateAERRateAERRateAER
18.84%9.21%--8.84%9.21%
38.96%9.34%--9.34%9.67%
69.42%9.84%--9.84%10.08%
1211.47%12.09%12.09%12.09%12.09%12.09%
1311.47%12.09%--12.09%12.03%
1811.47%12.09%--12.09%11.75%
2412.14%12.84%12.84%12.84%12.84%12.11%
3612.59%13.34%13.34%13.34%13.34%11.87%
4812.59%13.34%13.34%13.34%13.34%11.28%
6013.03%13.84%13.84%13.84%13.84%11.09%

PeriodMonthlyAnnuallyMaturity
(Months)RateAERRateAERRateAER
18.84%9.21%8.84%9.21%
38.96%9.34%9.34%9.67%
69.42%9.84%9.84%10.08%
1211.02%11.59%11.59%11.59%11.59%11.59%
1311.02%11.59%11.59%11.54%
1811.02%11.59%11.59%11.28%
2411.69%12.34%12.34%12.34%12.34%11.66%
3612.14%12.84%12.84%12.84%12.84%11.47%
4812.14%12.84%12.84%12.84%12.84%10.92%
6012.59%13.34%13.34%13.34%13.34%10.76%