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 Mudaraba savings account. A guardian on behalf of a minor can open a Mudaraba Savings Account. In which case a declaration stating the date of birth of the minor should be obtained from the guardian.
- 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.
- Initial deposit BDT 500.00.
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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