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Overview

Al-Wadeeah Current Account is based on the principle of Al-Wadeeah. Funds which are deposited with Islamic Bank by the Depositors with clear permission to utilize/invest the same observing the rules of trade and commerce of Islamic Shari’ah is called Al-Wadeeah. Al-Wadeeah Depositors do not share any profit or loss earned/incurred out of using of this funds by the Bank. The Bank has to pay back the deposits received on the principle of Al-Wadeeah on demand of the Account holders. The Depositor is known as Mudi. The Bank is called Muda.

    Features

  • Unlimited transactions
  • Online branch banking facility
  • Debit Card & Cheque Book facility
  • Income Sharing Ratio: depositors will neither share Income nor bear Loss
  • ATM cash withdrawal from any Bank’s ATM across the country
  • SMS alert service available
  • Internet Banking & e-Statement Service Facility

    Eligibility

  • Minimum Age: 18 Years
  • Citizen of Bangladesh

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Call Us on :
+88 09666 456000/16568

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Overview

Mudaraba Short Notice Deposit Account is based on Islamic Sharia’h mode of ‘Mudaraba’. Mudaraba is a partnership in profit whereby one party provides capital, called ‘Rab al-Mal’ and the other party provides labour, known as ‘Mudarib’ for the purpose of doing Shair’ah permissible trade and commerce. The management of business is the exclusive responsibility of the Mudarib. Under Mudaraba principle, the profit generated is shared as per predetermined ratio between the Rab al-Mal and the Mudarib. In case of loss, the Rab al-Mal bears the entire amount of loss.

    Features

  • Account can be opened either singly or jointly
  • Cheque Book facility available
  • Attractive profit rate (Expected)
  • Minimum Monthly Average Balance BDT 5,000/-
  • Profit calculated on day end balance & it’s created half-yearly.
  • Income Sharing Ratio: initial ISR Depositor 45 : Bank 55
  • SMS alert service available
  • Half-yearly statement & e-Statement Service facility

    Eligibility

  • Minimum Age: 18 Years
  • Any Bangladeshi Individual

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+88 09666 456000/16568

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Overview

Mudaraba Deposit Pension Account is a monthly savings scheme, based on ‘Mudaraba ’ principle, for creating and opportunity for the depositors ensuring savings on monthly instalment basis for their future financial security and welfare. Under Mudaraba Deposit Pension Account , the depositor is the ‘Rab al-Mal’ and the Bank is the ‘Mudarib’ of the Mudaraba Depositors.

    Features

  • Minimum deposit of BDT 500 and its multiple amount;
  • Tenure- 3/5/10 years
  • The installment amount shall be realized from the linked Account under auto transfer system

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+88 09666 456000/16568

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Overview

Mudaraba Monthly Profit Deposit Scheme Account (MMPDSA) is based on Islamic Shari’ah mode of ‘Mudaraba ’. Mudaraba is a partnership in profit whereby one party provides capital, called ‘Rab al-Mal’ and the other party provides labour, known as ‘Mudarib’ for the purpose of doing Shari’ah permissible trade and commerce. The management of business is the exclusive responsibility of the `Mudarib’. Under Mudaraba principle, the profit generated is shared as per predetermined ratio between the `Rab al-Mal’ and the `Mudarib. In case of loss, the `Rab al-Mal’ bears the entire amount of loss.

    Features

  • Minimum amount: BDT 50,000 or it’s multiple amount
  • Easy investment facility against Mudaraba Monthly Profit Deposit Scheme
  • Tenure: 1/3/5 years

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+88 09666 456000/16568

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Overview

Mudaraba Term Deposit Account is based on Islamic Shari’ah mode of ‘Mudaraba ’. Mudaraba is a partnership in profit whereby one party provides capital, called ‘Rab al-Mal’ and the other party provides labour, known as ‘Mudarib’ for the purpose of doing Shair’ah permissible trade and commerce. The management of business is the exclusive responsibility of the Mudarib. Under Mudaraba principle, the profit generated is shared as per predetermined ratio between the Rab al-Mal and the Mudarib. In case of loss, the Rab al-Mal bears the entire amount of loss.

    Features

  • Tenure: 30 days, 90 days, 180 days, 270 days, 360 days, 720 days, 1080 days , 100 Days, 200 Days and 300 Days.
  • Easy Investment/Withdrawal facility against Term deposit
  • Minimum initial amount: BDT 10,000
  • Auto renewal option with/without profit.

Need Some Help ?

Call Us on :
+88 09666 456000/16568

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Overview

Mudaraba Savings Account is based on Islamic Shariah mode of ‘Mudaraba ’. Mudaraba is a partnership in profit whereby one party provides capital, called ‘Rab al-Mal’ and the other party provides labor, known as ‘Mudarib’ for the purpose of doing Shair’ah permissible trade and commerce. The management of business is the exclusive responsibility of the Mudarib. Under Mudaraba principle, the profit generated is shared as per predetermined ratio between the Rab al-Mal and the Mudarib. In case of loss, the Rab al-Mal bears the entire amount of loss.

    Features

  • Attractive profit rate (Expected);
  • Minimum balance required for profit accrual BDT 500/-
  • Income Sharing Ratio: initial ISR Depositor 50 : Bank 50
  • Profit is paid twice a year
  • Debit Card & Cheque Book facility
  • ATM cash withdrawal facility from any Bank’s ATM across the country
  • SMS alert service available
  • Internet Banking & e-Statement Service facility

    Eligibility

  • Minimum Age: 18 Years
  • Citizen of Bangladesh

Need Some Help ?

Call Us on :
+88 09666 456000/16568

One of your customer representative will address to your problem shortly.