Mudaraba Premier 50+ Account

Mudaraba Premier 50+ account is opened under the Mudaraba principle of Islamic Shari’ah. Under the above principle the client is the owner of the fund (Shaheb-Al Mal) and the Bank is just Manager of the Fund (Mudarib). Mudaraba Premier 50+ account is mainly meant for customers above 50 years of age who is willing to earn from his/her hard earned money through Shari’ah compliant investments.

Product Features

  • Fully Shari’ah compliant
  • Savings Account only for Senior Citizens above the age of 50 years
  • Attractive Weightage on this product to ensure better rate of return
  • Profit is calculated on daily basis
  • Unlimited withdrawals
  • Discounted fees on Debit Card
  • Free Online Banking facility & SMS Banking Service
  • Services is offered on priority based to any branch
  • No Account Maintenance fee
  • No charge for Standing Instruction, Solvency Certificate & Regular/Duplicate copy of Account Statement

Basic Requirements

  • Applicant’s age should be above 50 years
  • Complete account opening form
  • Personal Information of Account Holder
  • 2 copiesof passport size photograph of Account Holder duly attested by introducer
  • 1 copy passport size photograph of nominee duly attested by Account Holder
  • Identification proof like S.S.C or any equivalent certificate/Birth Certificate provided by any approved authority/National ID Card/Passport/Driving License of Account Holder
  • Signature of Introducer (if required)
  • Updated TIN Certificate
  • Minimum Account opening deposit of BDT 5,000/-

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