Mudarabah Student Account
Features & Benefits
- Product under Mudarabah Principle of Islamic shariah
- No minimum opening balance
- No account service charge
- Mudaraba Student Card: No annual fee ; No renewal fee
- Account Statement Fee: Free
- Relationship Fee: Nil
- Profit Rate: Profit calculated on daily balance; Paid monthly
- Weightage: 0.65 (subject to change)
How to Open a Bank Account
Opening a new bank account with Trust Bank Islamic is simple. Follow these steps:
01: ELIGIBILITY
- Applicant must be a student
- Must be enrolled in a recognized educational institution
- Student must be below 18 years of age.
- Account must be opened by the parent or legal guardian
- Student and parent/legal guardian must be Bangladeshi citizens
02: DOCUMENTARY REQUIREMENTS
For Student:
- Student’s Birth Certificate
- School ID Card / Certificate issued by the educational institute
- Latest monthly school fee receipt
- All documents must be submitted as attested photocopies
For Legal Guardian:
- National ID (NID)
- Proof of funds
- Tax Identification Number (TIN) (if applicable)
- Utility bill
Any other necessary documents as advised by management