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Mudaraba Savings Deposit

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Mudaraba savings account is opened in Exam Bank under the Mudaraba principal of Islami Shariah which is 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 Mudaraba savings account. A guardian on behalf of a minor can open a Mudaraba Savings A/C. In which case a declaration stating the date of birth of the minor should be obtained from the guardian. OD is not allowed for SB account. The account provides expected half-yearly provisional profit.

Main Features
- Attractive provisional rate of profit.
- Minimum initial deposit is BDT 1,000.00.
- Half-Yearly account statement.
- Debit card facility with limited withdrawal.
- Free ATM Cash withdrawal from all ATM of EXIM Bank.
- SMS Banking for statement/Balance checking.
- Salary crediting facility.
- Cheque book facility.
- Fund transfer facility.
- Profit will be calculated on monthly basis.

Required Documents
- Completed account opening form duly signed by account holder.
- 2 Copies passport size photographs of every operators duly attested by introducer.
- Photographs of National ID Card/ Passport/ Chairman certificates.
- Introducer signature.
- Passport size photographs and signature of Nominee.

Deposit Rates
Provisional Profit Rate is 4.00%.

Terms and conditions
- Account will be operated as per Mudaraba principals.
- At least 65% of investment income will be distributed among the Mudaraba Depositors as per weightage allocated for each accounts.
- Mudaraba Savings Deposit will bear 0.75 weightage.

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More EXIM Bank Accounts

• Al- Wadia Current Deposit
• Mudaraba Cash Waqf Deposit

About Export Import Bank of Bangladesh Limited

Export Import Bank of Bangladesh Limited (EXIM Bank) is one of the leading private commercial banks in Bangladesh. The Bank was established in the year 1999 under the leadership of Late Mr. Shahjahan Kabir, Founder Chairman who had a long dream of floating a commercial bank which would contribute to the socio-economic development of our country. From its establishment the bank was known as BEXIM Bank Limited. But due to legal constraints, the bank was renamed as EXIM Bank, which stood for Export Import Bank of Bangladesh Limited. As of 2014 the bank has operations across the country with 80 branches and 45 ATM booths. By July 2004 the bank has migrated all of its conventional banking operation into Shariah based Islamic banking.