MTB Yaqeen

MTB Islamic Transactional Account operates under Shari’ah-compliant mode of Mudarabah, a partnership arrangement between client and MTB Islamic. Under this contract, depositor acts as Rab-ul-Maal (provider of capital), while bank acts as Mudarib (manager and user of funds).

Deposited funds are pooled and deployed by MTB Islamic in Shari’ah-compliant financing activities. Income generated from such activities is distributed between MTB Islamic and client based on pre-agreed Income Sharing Ratio (ISR).

Key Features:

  • Suitable for institutions, organizations, and legal entities, including but not limited to:
    Schools, Colleges, Madrasahs, Masjids, Associations, Trusts, Societies, Non-Government Organizations (NGOs), Proprietorships, Partnerships, Private and Public Limited Companies, Autonomous and Semi-Autonomous Bodies, and Government Organizations.
  • Minimum opening deposit: BDT 2,000.
  • Minimum balance required to earn profit: BDT 25,000.
  • No restriction on number or amount of deposit and withdrawal transactions.
  • Profit rate may vary depending on bank’s actual investment income.

Complimentary Services

  • Half-yearly account statement
  • No account maintenance fee
  • Internet banking
  • Countrywide online cash transactions

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