Mudaraba Monthly Savings Scheme Projonmo (MMSSP)


  • Eligibility
    • Any citizen of Bangladesh Any Citizen of Bangladesh [Below 18 Years] having sound mind individually or jointly can open this account.
  • Islamic Principles
    • Mudarabais a partnership in profit whereby one party provides capital and the other party provides skill and labour. Profit distributed as per pre-agreed ratio and loss is borne by Sahib Al Maal.
  • Required Identifications/ Documents
      1. Complete account opening form with TP & KYC.
      2. Photocopy of NID/Passport/Driving License/Ward Commissioner Certificate with photo (Photo must be attested by ward commissioner).
      3. Two recent Passport size photographs of each account holder duly attested by introducer.
      4. Introducer’s signature in the A/C opening form and at the back of the photograph(s) of signatories.
      5. Passport size photograph of nominee (attested by the account holder).
      6. Proof of Address- Copy of Utility Bill for latest 3 months.
      7. Updated TIN (Optional).
      8. Any other documents as required under prevailing rules & regulations of the Bank considering the nature of the Depositor(s).
      Charges: See schedule of charges of the bank.
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