Yaqeen Savings Account

MTB Yaqeen Savings Account is operate dunder Shari’ah compliant mode of Mudarabah, a form of partnership between the client and MTB Yaqeen. The depositor is the ‘Rab-ul-Maal’ or capital provider and the bank is the ‘Mudarib’ or user of the client’s funds. MTB Yaqeen allocates the funds to a deposit pool which is utilized under Shari’ah compliant modes of financing. Income from such financing activities are distributed between MTB Yaqeen and its client as per pre-agreed Income Sharing Ratio (ISR).

Key Features:

Any Bangladeshi citizen/resident aged 18 years or above can open an account.
Legal guardians can open & operate an account on behalf of a minor.
Minimum opening deposit: BDT 500.
Minimum balance required to maintain an account: BDT 500.
No minimum balance is required to earn profit.
Profit rate is derived from the pre-agreed Income Sharing Ratio (ISR) on a monthly basis.
Profit rate may vary with any variation in bank’s income.
Complimentary Services:
- Debit Card (1st Year)
- Account Statement on half yearly basis
- Internet Banking
- Cheque Book (1st 10 Pages)
- Countrywide Online Transaction

MTB

Key Features:

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