Mudaraba Term Deposit Account

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 not on demand. BDT. 1,000.00 and multiple of BDT 100.00 for the period of 3 months, 6 months, 12 months, 24 months and 36 months can be deposited.

Required Documents
- Complete account opening form.
- 2 copies passport size photographs of account holder duly attested by introducer.
- 1 copy photograph of nominee duly attested by the account holder.
- Identification proof like National ID Card/ Passport/ Chairman certificate.
- 1 set photocopy of National ID Card/ Passport/ Chairman certificate.
- Signature of Introducer.
- Minimum deposit BDT 1,000.00.

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About Islami Bank Bangladesh PLC

Islami Bank Bangladesh Limited (IBBL) offers a diverse range of Shariah-compliant banking services that cater to both individual and corporate clients. Its product offerings include personal banking services such as savings and current accounts, home financing, and vehicle financing, as well as investment accounts based on profit-sharing models like Mudarabah and Musharakah. For businesses, IBBL provides corporate financing, trade finance, and project financing, all designed to align with Islamic principles. Additionally, the bank is committed to financial inclusion through microfinance programs that empower underserved communities. With a strong focus on ethical banking and customer service, IBBL plays a crucial role in promoting socio-economic development in Bangladesh.

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