Mudaraba Double Benefit Scheme (MDBS)

Mudaraba Double Benefit Scheme is opened under the Mudaraba principal of Islamic Shari’ah. Under the above principal the client is the owner of the fund (Shaheb-Al Mal) and the Bank is just Manager of the Fund (Mudarib). This scheme is basically of Term Deposit natureand profit is given at maturity of the product.

Product Features

  • Fully Shari’ah compliant
  • Maturity Tenor is 08 years
  • Minimum amount is BDT 10,000/-

Basic Requirements

  • 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 National ID Card/Passport/Driving License ofAccount Holder
  • Signature of Introducer (if required)
  • Updated TIN Certificate

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