Mudaraba Resident Foreign Currency Deposit Account

Mudaraba Resident Foreign Currency Deposit Account 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 Account may be opened in USD/Pound/Euro or Yen at designated Branches of the Bank. It is basically of term deposit nature. Persons ordinarily residing inside Bangladesh are eligible to open this Account. The Account-holder will get profit as per rules and regulation.

Basic Requirements

• Complete account opening form
• Personal Information of Account Holder
• 2 copies of passport size photograph of Account Holder duly attested by introducer
• 1 copy of passport size photograph of nominee duly attested by Account Holder
• Signature of Introducer (if required)
• Photocopy of first seven (7) pages of valid passport with date of departure & arrival page