Defense Personnel Mudaraba Salary Account (DPMSA)

This is a Mudaraba Salary Account for Defence personnel designed under Mudaraba principles of Islamic Shariah. Here Bank is 'Mudarib' and customers are 'Shahib Al-Mal'. On behalf of depositors, the Bank invests their deposited money and distributes investment-income earned from the Mudaraba funds. Provisional profit is paid half yearly and final profit rate is adjusted at the year end.

Click to see the Provisional Profit Rate

All active service holders of Defence Services (JCOs & ORs) and civil staffs enrolled by the Ministry of Defence having valid Office ID.

•    Copy of National ID/Passport/Proof of Citizenship etc. of A/C Holder and Nominee.
•    03 passport size photographs of each Signatory duly attested by the introducer.
•    01 passport size photograph of nominee duly attested by the account holder.
•    Source of income document (Employee ID card copy).
•    Introduction of the account.