Mudarabah Tawfiq Deposit Scheme
Features & Benefits
• Based on Mudarabah principle of Islamic Shariah
• Profit-sharing and loss-bearing investment account
• Fixed tenure deposit scheme
• Receivable maturity value with profit based on weightage
• can be opened for 5 years, 7years, 10 years, 12 years, 15 years, 18 years & 20 years' tenure or for any other tenure as approved by the bank.
How to Open a Bank Account
Opening a new bank account with Trust Bank Islamic is simple. Follow these steps:
01: ELIGIBILITY
- Individuals, Clubs, Societies, Similar organizations can open the account
- For institutional customers, valid constitutional documents (Bylaws / Articles of Association / Registration documents) must be submitted.
02: DOCUMENTARY REQUIREMENTS
- National ID (NID) / valid identification document
- Photographs of account holder and nominee
- Nominee information and photograph
- Any other documents as required by the bank
- Must maintain linked account: AWCA / MSA / Other transactional account
- Auto-debit instruction mandatory
- Monthly installment deducted from linked account