Islami Bank Accounts

Islami Bank Bangladesh Limited provides various types of accounts for their different types of clients for helping to make their life easy and simple. Here is a list of all available bank accounts provided by Islami Bank and are listed alphabetically by account names. Click a name to learn details, facilities and conditions of the accounts and choose the best one you prefer.

Al-Wadeah Current Account (AWCA)

Islami Bank Bangladesh Limited operates Al-wadeah Current Account on the principles of Al-wadeah. The Bank commits to refund money deposited in these Accounts on the demand of customers. On the other hand the Bank takes permission from customers that the Bank may utilize their money. Customers may operate these Accounts as their desires. No profit ... read more

Mudaraba Savings Account (MSA)

Mudaraba savings account is opened under the Mudaraba principal of Islami Shariah, where the clients are the Shaheb-Al Mal (owner) and the Bank is Mudarib. Mudaraba Saving's accounts are mainly meant for Non-Trading customers who have some potential saving with small number of transactions taking place. More than one person can open and operate a M... read more

Mudaraba Term Deposit Account (MTDR)

Mudaraba Term Deposit Receipt (MTDR) is a profit bearing account which offers returns by depositing money for fixed period of time based on Mudaraba concept. These deposits are repayable subject to a period of notice and hence known as time deposits or time liabilities meaning thereby that these are withdrawable subject to a period of notice and no... read more

Mudaraba Special Notice Account (MSNA)

Mudaraba Special Notice Deposit (MSND) is a profit bearing Mudaraba deposit suitable for you if you are involved in business or your transactions are frequent but does follow a pattern. It enables you to operate a kind of Current Account which incurs profit. Required Documents - Complete account opening form - 2 copies passpor... read more

Mudaraba Special Savings (Pension) Account (MSSA)

Mudaraba Special Savings (Pension) Account of 5 year or 10 years term may be opened for monthly deposits of any amounts. After maturity of the account, the account holder will be paid his deposited amount with profit earned at a time or on installment basis. The parents or legal guardians shall be allowed to open this account jointly with a minor. ... read more

Mudaraba Savings Bond (MSB)

Persons aged 18 years and above shall be eligible to purchase Mudaraba Savings Bond in single name or in joint names, Educational Institutions, Clubs, Associations and other non-trading and non-profit socioeconomic institutions shall also be eligible to purchase Bonds in the name of the institutions. Guardians shall be allowed to purchase Bonds ... read more

Mudaraba Waqf Cash Deposit Account (MWCDA)

To implement your noble desire, this Account may create cash waqf at a time or may start with a minimum deposit of BDT 10,000.00 (Taka ten thousand only) and the subsequent deposit shall be made by installments in thousand taka or in multiple of thousand taka. Profit of this account is utilized for social and human welfare as per instruction of the... read more

Mudaraba NRB Savings Bond Account (MNSB)

The Non-Resident Bangladeshi (NRB), aged 18 years and above, who have been serving abroad and his family members will be eligible to purchase Mudaraba NRB Savings Bond maintaining the following denomination amounts in Bangladesh Currency for a period of 5 or 10 years term. An expatriate may purchase this bond in the name of his/her minor children a... read more

Mudaraba Foreign Currency Deposit Account (MFCD)

This Account may be opened by depositing minimum US$ 1,000.00 at designated Branches of the Bank. Bangladeshi nationals residing, working and earning abroad, foreign national residing in Bangladesh and also foreign firms registered abroad and operating in Bangladesh foreign missions and their expatriate employees are eligible to open this Account. ... read more

Students Mudaraba Savings Account (SMSA)

With a view to grow up savings habit among the minor students, to gather knowledge about banking services and modern technology the Student Mudaraba Savings Account has been introduced. Special privileges have been offered in this account. The privilege to the minor students and encourage them to make savings in Banks that will be helpful for th... read more

Mudaraba Farmers Savings Account (MFSA)

With a view to grow up savings habit among the farmers to involve them in banking transaction considering their contribution to the financial activities, to bring them under the banking arena and to increase Financial Inclusion of the country to encourage them to make savings in Banks that will be helpful for them to make a big savings little by li... read more

About Islami Bank

Islami Bank Bangladesh Limited is a Joint Venture Public Limited Company engaged in commercial banking business based on Islamic Shari'ah with 63.09% foreign shareholding having largest branch network of total 294 Branches among the private sector Banks in Bangladesh. It was established on the 13th March 1983 as the first Islamic Bank in the South East Asia. The mission of the bank is to establish Islamic Banking through the introduction of a welfare oriented banking system and also ensure equity and justice in the field of all economic activities, achieve balanced growth and equitable development in through diversified investment operations particularly in the priority sectors and less developed areas of the country. To encourage socio-economic upliftment and financial services to the loss-income community particularly in the rural areas.

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