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Al-Arafah Islami Bank Ltd.

Al-Arafah Islami Bank Ltd.

 +880-2-7123255-7, 9568007, 9569353

 + 880-2-9569351

 info@al-arafahbank.com

Deposits information of AL-ARAFAH ISLAMI BANK LTD.
NameMudaraba Double Benefit Deposit Scheme (MDBDS)
Category Double Benifit Scheme
Maturity Period

9 Years 4 Months.

Rates8.40%
Maturity Amount

Double of Initial Deposited amount.

Initial Deposit
Tk.10,000 or its multiple
Requirements

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Conditions

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Featured
No
Description
  • A fabulous fixed deposit scheme operated strictly by the rules of Islamic Shariah.
  • n this Mudaraba based scheme one can deposit Tk.10,000/- or its multiple.
  • Under this scheme with life of 9 years 4 month, your deposit will earn profit in an incremental ratio. That's why within just 9 years 4 month of time your deposit will be doubled in return.
  • Tax will be applicable on the deposited amount along with profit according to the country law.
Benefit
  • This convenient scheme comes with an exciting investment facility. One can take advantage of 80% of his/her deposit as investment loan.
Eligibility
  • Any person above 18 can open this magnificent scheme. Even an MDBDS can be opened on behalf of a minor!
  • Any person can open this scheme in his/her own/joint name, any business organization, educational institution, govt. or non govt. organization, NGO, semi govt. or cooperative organizations can open account and deposit their savings in this scheme to get higher profit.
Supporting Documents

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