Mudarabah saving account is a partnership contact between the Bank and the Client. The client provides fund and the bank does business complying the shariah principles. Earned profit is distributed among the partners as per pre-agreed ratio and loss, if any, goes to the account of the depositor.
Benefits
- Distribution of Income
- Higher Levels of Investment
- Financial Stability
Features
- Individuals are preferred for this account
- capital, management
- profit sharing right
- treatment of losses
Required Documents
- Complete account opening form
- 02 copies passport size photographs of account holder duly attested by introducer
- 1 copy photograph of nominee duly attested by the accountholder
- Identification proof like National ID Card/Passport/Chairman certificate
