Manarah Savings Account is operated under the Mudarabah principles. It is an Islamic financial partnership contract where one partner provides capital (Depositor) and the other partner provides labor (Bank) and income generated from the venture is shared between the partners.
Product Features
Opening balance is BDT 5,000
Minimum balance to earn profit is BDT 5,000
Profit payable half yearly
Can be availed by any Bangladeshi national aged 18 years and above
Customer Benefit
Cheque book facility
Opportunity to apply for safe deposit locker facility
Pay Order issuance facility
Online transfer of fund from one Islamic Banking Branch to another
Transfer of fund on Standing Instruction Arrangement
