28 Customers’ Deposits and Margin Accounts

	2020	2019
	AED’000	AED’000
Call and demand deposits	224,225	176,272
Time deposits	1,338,130	1,743,067
Wakala deposits	16,721	11,075
	———————-	———————-
	1,579,076	1,930,414
Margin accounts	344,883	540,393
	———————-	———————-
	1,923,959	2,470,807
	=============	=============
Analysis of customers’ deposits by sector is as follows:
By type:
Government	589,590	1,047,979
Corporate	1,334,369	1,422,828
	———————-	———————-
	1,923,959	2,470,807
	=============	=============

Margin accounts represent cash margins collected from corporate customers against unfunded and funded credit facilities extended to them in the normal course of business.

Customers’ deposits and margin accounts carry interest/profit rates ranging from Nil to 4.25% p.a (2019: Nil to 4.5% p.a).