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AL-WADEEAH CURRENT & MUDARABA SAVINGS ACCOUNTS

Overview

Al-Wadeeah Current Account is based on the principle of Al-Wadeeah. Funds which are deposited with Islamic Bank by the Depositors with clear permission to utilize/invest the same observing the rules of trade and commerce of Islamic Shari’ah is called Al-Wadeeah. Al-Wadeeah Depositors do not share any profit or loss earned/incurred out of using of this funds by the Bank. The Bank has to pay back the deposits received on the principle of Al-Wadeeah on demand of the Account holders. The Depositor is known as Mudi. The Bank is called Muda.

    Features

  • Unlimited transactions
  • Online branch banking facility
  • Debit Card & Cheque Book facility
  • Income Sharing Ratio: depositors will neither share Income nor bear Loss
  • ATM cash withdrawal from any Bank’s ATM across the country
  • SMS alert service available
  • Internet Banking & e-Statement Service Facility

    Eligibility

  • Minimum Age: 18 Years
  • Citizen of Bangladesh

Need Some Help ?

Call Us on :
+88 09666 456000/16568

One of your customer representative will address to your problem shortly.

Overview

Mudaraba Savings Account is based on Islamic Shariah mode of ‘Mudaraba ’. Mudaraba is a partnership in profit whereby one party provides capital, called ‘Rab al-Mal’ and the other party provides labor, known as ‘Mudarib’ for the purpose of doing Shair’ah permissible trade and commerce. The management of business is the exclusive responsibility of the Mudarib. Under Mudaraba principle, the profit generated is shared as per predetermined ratio between the Rab al-Mal and the Mudarib. In case of loss, the Rab al-Mal bears the entire amount of loss.

    Features

  • Attractive profit rate (Expected);
  • Minimum balance required for profit accrual BDT 500/-
  • Income Sharing Ratio: initial ISR Depositor 50 : Bank 50
  • Profit is paid twice a year
  • Debit Card & Cheque Book facility
  • ATM cash withdrawal facility from any Bank’s ATM across the country
  • SMS alert service available
  • Internet Banking & e-Statement Service facility

    Eligibility

  • Minimum Age: 18 Years
  • Citizen of Bangladesh

Need Some Help ?

Call Us on :
+88 09666 456000/16568

One of your customer representative will address to your problem shortly.

Overview

Mudaraba Short Notice Deposit Account is based on Islamic Sharia’h mode of ‘Mudaraba’. Mudaraba is a partnership in profit whereby one party provides capital, called ‘Rab al-Mal’ and the other party provides labour, known as ‘Mudarib’ for the purpose of doing Shair’ah permissible trade and commerce. The management of business is the exclusive responsibility of the Mudarib. Under Mudaraba principle, the profit generated is shared as per predetermined ratio between the Rab al-Mal and the Mudarib. In case of loss, the Rab al-Mal bears the entire amount of loss.

    Features

  • Account can be opened either singly or jointly
  • Cheque Book facility available
  • Attractive profit rate (Expected)
  • Minimum Monthly Average Balance BDT 5,000/-
  • Profit calculated on day end balance & it’s created half-yearly.
  • Income Sharing Ratio: initial ISR Depositor 45 : Bank 55
  • SMS alert service available
  • Half-yearly statement & e-Statement Service facility

    Eligibility

  • Minimum Age: 18 Years
  • Any Bangladeshi Individual

Need Some Help ?

Call Us on :
+88 09666 456000/16568

One of your customer representative will address to your problem shortly.

Overview

Mudaraba My NRB Savings Account is based on Islamic Shariah mode of ‘Mudaraba’. Mudaraba is a partnership in profit whereby one party provides capital, called ‘Rab al-Mal’ and the other party provides labor, known as ‘Mudarib’ for the purpose of doing Shair’ah permissible trade and commerce. The management of business is the exclusive responsibility of the Mudarib. Under Mudaraba principle, the profit generated is shared as per predetermined ratio between the Rab al-Mal and the Mudarib. In case of loss, the Rab al-Mal bears the entire amount of loss.

Mudaraba My NRB Savings is a daily profit bearing and half yearly profit paying savings account for the Non- Resident Bangladeshis. The Account is aimed to help NRBs to save their hard earned money in local Currency for a secured future

    Features

  • Attractive profit rate (Expected)
  • Minimum initial deposit amount BDT 1, 000
  • Income Sharing Ration: initial ISR Depositor 50: Bank 50
  • Profit calculated on day end balance & will be created half-yearly.
  • Local Debit Card & Cheque Book facility
  • ATM cash withdrawal is totally free from any Bank’s ATM across the country
  • SMS alert service available
  • Internet Banking & e-Statement Service Facility

    Eligibility

  • Any non-resident Bangladeshi individuals
  • Age 18+, however, Minor can open account, operated by guardian.

Need Some Help ?

Call Us on :
+88 09666 456000/16568

One of your customer representative will address to your problem shortly.

Overview

Mudaraba Payroll Account is a savings account having special facility based on Mudarabah principle of Islamic Shariah for payment of Salary and other benefits to the employees working at any corporate bodies.

    Features

  • Account maintenance fee zero
  • Profit will be calculated on daily balance (EOD) of the account
  • Access of any ATM Booth across the country without any charge
  • 100% waiver on annual fees of Islamic Credit Card for 1st year
  • 50% waiver on annual fees of Locker Charge for 1st year
  • Investment facility available

    Eligibility

  • Minimum age: 18 years
  • Any Bangladeshi individual

Need Some Help ?

Call Us on :
+88 09666 456000/16568

One of your customer representative will address to your problem shortly.

Overview

Mudarab Women Account is a daily profit bearing and monthly profit paying special savings account for the women of Bangladeshi citizen, based on Mudaraba principle of Islamic Shari'ah. This account designed, providing special facility to encourage the women of Bangladeshi citizen to savings with NRBBL.

    Features

  • Minimum Deposit Amount BDT 500/-
  • Singly/jointly can be opened. In case of jointly, first applicant must be women
  • Daily profit bearing
  • Monthly profit payment
  • Free Debit card fee for 1st year
  • 25% discount on locker service
  • Internet banking & e-statement service facility
  • Attractive discount from special outlets
  • Free ATM transaction facility from any ATM across the country

    Eligibility

  • Bangladeshi woman having sound mind with minimum 18 years of age.

Need Some Help ?

Call Us on :
+88 09666 456000/16568

One of your customer representative will address to your problem shortly.

Overview

Mudaraba Senior Citizen Account is a daily profit bearing and monthly profit paying special savings account for 50 and 50+ aged population of Bangladeshi Citizens, based on Mudaraba principle of Islamic Shariah. This account designed, providing special facility to encourage the senior citizens to savings with NRBBL.

    Features

  • Minimum Deposit Amount BDT 500/-
  • Singly/jointly can be opened. In case of jointly, first applicant must be senior citizen.
  • Daily profit bearing
  • Monthly profit payment
  • Free Debit card fee for 1st year
  • 25% discount on locker service
  • Internet banking & e-statement service facility
  • Free ATM transaction facility from any ATM across the country

    Eligibility

  • Bangladeshi citizens of age 50 years and above.

Need Some Help ?

Call Us on :
+88 09666 456000/16568

One of your customer representative will address to your problem shortly.