AL ADALAH Islamic Banking

Mudaraba Monthly Deposit Scheme

Mudaraba Monthly Deposit Scheme provides a disciplined, Shariah-compliant way to build long-term wealth through affordable monthly savings. Operating under the Mudaraba principle, the Bank acts as your Fund Manager (Mudarib) and custodian, investing your savings and sharing earned profits or losses according to Bank policy.

Starting with installments as low as BDT 1,000 (or its multiples), you can choose flexible tenures ranging from 2 years and up to 15 years, enjoying complete peace of mind with zero late payment fees on overdue installments.

Special Features:

  • Zero Late Payment Charges
  • Monthly Installments from BDT 1,000
  • Flexible Tenure: 2–15 Years
  • Mudaraba-Based Profit/Loss Sharing
  • 24/7 Online Banking, anywhere in Bangladesh or Abroad
  • Account can be Opened in Individual Name or Joint Names

Required Documents to open an account

  • National Identity Card (NID) or Birth Registration along with a photo identity or Passport
  • Recently taken passport-size photographs (2 copies)
  • Nominee photograph attested by the account holder (1 copy)
  • Duly filled Account Opening Form
  • Note: Any other document(s) as required

Withdrawals

You can make withdrawals from any Visa or NPSB ATM Booth using Debit card or over the Branch counter using Cheques.

Terms & Conditions

Product information and terms & conditions are subject to change from time to time. Therefore, it is advisable to contact the branch nearest to you for the latest information and prevailing terms & conditions.