Alaan Treasury — earn 2.5% expected annual profit on idle business cash

Earn 2.5% expected annual profit on your idle business balance, invested overnight and back in your account by morning. T&C apply.

Open Account

What happens to your cash each night

You set it up once, and it runs on its own every night after that
During the day
Your balance is in your current account, ready for payroll, suppliers and card spend
11:30 pm
Your spare balance is placed into an overnight deposit with ruya
Overnight
Ruya creats an overnight wakala at an expected profit rate of 2.5% a year.
If you need the money urgently, you can withdraw it early, but you won’t earn profit that night.
Around 4 am
Your money and any profit are back in your account
The next night
It starts again, and last night’s profit earns profit too
With ruya overnight, at 2.5% expected a year

What that looks like
‍for your business

Here’s what a balance of AED 1,000,000 could earn at today’s expected profit rate of 2.5% a year.
T&C apply.
If you keep in Treasury
AED 1,000,000
If you keep in Treasury
AED 68 a night
Or around
AED 25,000a year
Still there every day for
Payroll, suppliers and card spend

How to get started

Getting started takes three simple steps
01
Open Alaan, go to Treasury and set your eligible balance
02
Review and accept the standing consent 
and ruya’s terms
03
Your first placement happens at the next 
11:30 pm cut-off

Built on
‍Shariah-approved Wakala

Alaan Treasury* uses an overnight Wakala from ruya, an Islamic bank regulated by the Central Bank of the UAE. The structure is approved by ruya’s Internal Shariah Supervision Committee, and Alaan doesn’t make its own Shariah determination. ruya invests your funds on your behalf and sets an expected profit rate when each placement is made. Expected profit isn’t guaranteed, and the rate can change from night to night.