Mudaraba Money Double Scheme (MMDS)

This product is designed under Mudaraba principles of Islamic Shariah. The Depositors will deposit a fixed amount at the beginning and expected to get a double amount at the maturity before tax and other charges.

Expected duration to double: 12 years

Minimum amount to open account: BDT 10,000.00

Provisional Profit rate: 6.00% p.a.

Any Person (individual/joint) is eligible to open MMDS account.

  • Copy of National ID Card/Passport/Chairman certificate for A/C Holder and Nominee.
  • 03 Passport size photographs of account holder duly attested by introducer
  • 1 photograph of nominee duly attested by the account holder