Profit Sharing Ratio and Weightage of Trust Islamic Banking

In addition to the Shariah guidelines, Trust Islamic banking (TIB) strictly complied the Bangladesh Bank instructions regarding Islamic banking operations and adheres to the followings:

  • Completely Separate Fund management–no mingling of fund with the conventional banking deposits of the Bank. Investments are made from the Islamic banking deposits only.
  • Separate book-keeping, Profit & Loss Account by Islamic banking module of Bank’s CBS.
  • Profit sharing ratio (Depositor: Bank) is 65:35.

Profit distributions are executed as per approved weightage table.

Sl. No.

Deposit Type

Weightage

1.

10 Taka Farmers MSA

0.65

2.

Mudaraba Savings Account

 

0.60

3.

TBL Employee Mudaraba Salary A/C

0.60

4.

Defence Personnel Mudaraba Salary A/C

0.60

5.

TIB Payroll

0.60

 

6.

Provident Fund A/c (TIB Payroll)

0.60

7.

Mudaraba Short Notice Deposit (MSND)

0.40

8.

Mudaraba Term Deposit Receipt (MTDR)-1 month

0.50

9.

Mudaraba Term Deposit Receipt (MTDR) -3 month

0.90

10.

Mudaraba Term Deposit Receipt (MTDR)-6 month

0.92

11.

Mudaraba Term Deposit Receipt (MTDR)- 12 month

0.95

12.

Mudaraba Term Deposit Receipt (MTDR)- 24 & 36 month

0.98

13.

>Mudaraba Term Deposit Receipt (MTDR)- 60 month

1.00

14.

Mudaraba Monthly Savings Scheme (MMSS) – 36 Month

0.98

15.

Mudaraba Monthly Savings Scheme (MMSS) – 60 month

 

1.00

16.

Mudaraba Monthly Savings Scheme (MMSS) – 96 month

1.02

17.

Mudaraba Monthly Savings Scheme (MMSS) – 120 month

1.05

18.

Mudaraba Monthly Savings Scheme (MMSS) – 144 month

1.08

19.

Barakat Hajj Deposit Scheme up to 10 years

1.10

20.

Barakat Hajj Deposit Scheme 10 years & above

1.15

21.

Mudaraba Millionaire Scheme  up to 10 years

1.08

22

Mudaraba Millionaire Scheme 10 years & above

1.10

23.

Mudaraba Kotipati Scheme  up to 10 years

1.08

24.

Mudaraba Kotipati Scheme 10 years & above

1.10

25.

Mudaraba Money Double Scheme

1.05

26.

Mudaraba Monthly Profit Scheme- 1, 2 & 3 Years

0.98

27.

Mudaraba Monthly Profit Scheme-  5 Years

1.00

28.

Mudaraba Cash Waqf Scheme 3 Years

0.98

29.

Mudaraba Cash Waqf Scheme 5 Years

1.00

30.

Trust Mudaapah Deposit Scheme - 3 years

0.98

31.

Trust Mudaapah Deposit Scheme -5 Years

1.00