Islamic Banking Deposit Accounts

Al-Wadiah Current Account

Al Wadiah Current Deposit is a deposit product operated according to Islamic Shariah where the depositor will deposit money in the Bank in the form of ‘Amanat’ and thus expects on profit or loss. The Bank takes...

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Mudaraba Term Deposit Receipt

Mudaraba Term Deposit (MTD) is a mode of deposit under Mudaraba principles of Islamic Sharia.It is a profit / loss bearing account. These deposits are repayable subject to a period of notice and hence known as time deposits...

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Mudaraba Savings Account

Mudaraba is an investment contract where one party provides the capital for investment and the other party using skill and experience does the investment. Here the investor/mudarib has no direct participation in the business. On the other hand...

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Mudaraba Monthly Savings Scheme

Mudaraba Monthly Saving Scheme (MMSS) is a mode of deposit under Mudaraba principles of Islamic Shariah. It is a profit / loss bearing product. These deposits are repayable subject to a period of notice and hence known as time deposits or time...

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Barakat Hajj Deposit Scheme

Hajj is one of the most fundamental bases of Islam. However, because of the existing socio-economic condition in the country, the religious Muslims cannot arrange the required amount of money at a time to perform Hajj. Thus their desire of...

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