Mudaraba Monthly Profit Scheme (MMPS)

This product is designed under Mudaraba principles of Islamic Shariah. The Depositors will deposit a fixed amount and will get a monthly return from the deposit.

 

  • Minimum amount to open account: BDT 100,000.00

  • Monthly Profit amount: BDT416.67/per lac (before tax)

  • Provisional Profit rate: 5.00% p.a.

  • Tenure: 1/2/3/5 years

Any person/persons/Clubs/Societies/other similar organizations can open such account. A guardian can open such account on behalf of a minor.

  • 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
  • Passport size photograph of nominee duly attested by the A/C holder

In case of Club/Societies/Other similar organization:

  • Bye-Laws, Articles of Association, and resolution