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 them to make a big savings little by little for completion of higher education. Any guardian can open this account in the name of students below 18 years of any educational institutions by showing Identity Card with BDT 100.00 as initial deposit only.

Required Documents
- Complete account opening form.
- 2 copies passport size photographs of operator and student.
- 1 copy photograph of nominee duly attested by the account holder.
- Identification proof like National ID Card/ Passport/ Chairman or School Authority certificate.
- 1 set photocopy of National ID Card/ Passport/ Chairman certificate.
- Signature of Introducer.
- Minimum deposit of BDT 100.00.


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About Islami Bank Bangladesh Limited

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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