Mudaraba Short Notice Deposit
This deposit product is guided by the Mudaraba principles of Islamic shariah. It enables you to operate a kind of Current Account which incurs profit. Profit is calculated on daily basis and credited on half yearly basis using the provisional rate and final profit rate is adjusted at the year end.
Features & Benefits
• Based on Mudaraba (Islamic Shariah principles)
• Works like a current account but earns profit
• Profit calculated daily
• Profit credited half-yearly
• Final profit adjusted at year-end
• Minimum amount to open account: BDT 5,000.00
• Minimum Balance BDT 1,000.00
How to Open a Bank Account
Opening a new bank account with Trust Bank Islamic is simple. Follow these steps:
01: ELIGIBILITY
- Any Bangladeshi citizen min. 18 years of Age/Institution.
02: DOCUMENTARY REQUIREMENTS
- Copy of National I.D. Card/Citizenship Certificate / Passport / other documents of A/C holder and Nominee.
- 02 Recent passport size photograph duly attested by the introducer and photograph of nominee(s) (attested by the account holder). In case of minor nominee, copy of the birth certificate and photograph required.
- Introduction of the account
- Certified document(s) for source of income
- TIN Certificate
- Initial deposit of Tk 5,000/-
- Trade License, Partnership deed, Certificate of Incorporation, Articles and Memorandum of Association, Board Resolution, Form-XII, Personal Information of Directors, TIN Certificate of directors.