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Mudaraba International Banking Account (MIBA)


FEATURES

  • Attractive profit.  No Vat/Tax on profit
  • Repatriation of  Principal including profit to abroad
  • No Vat/Tax on profit
  • Balances of FC enchased into BDT  at any time
  • Balances held in account can be used for transfer to on-shore bank accounts for meeting necessary payment and various Investments.
  • MIBA account-holder will act as facilitator of remitters and utilize the funds accordingly.
  • Minimum deposit is USD 1,000 or equivalent and any multiple amount of USD 1,000 for tenor of 3 , 6, 12, 24, 36 & 60 months

Eligibility of open account

  1. Resident Bangladeshi individuals having bonafide relations with non-resident remitters;
  2. Corporate entities including Type-A, Type-B and Type-C industrial enterprises operating in EPZs/EZs/HTPs having bonafide relations with non-resident remitters

Eligible Currency for opening Account

US Dollar, Pound, Euro, Australian Dollar, Canadian Dollar , Singaporean Dollar, Japanese Yen, Swiss Franc & Chinese Yuan,

Required Documents

  1. National ID Card/Passport/Driving License
  2. Related document/ paper in case of company/farm/institution.
  3. 02 (Two) copies of passport size recent photograph of applicant
  4. 1 (one) copy of passport size recent photograph of Noninee’s ( to be attested by the applicant)
  5. Account opening from to be filled in & signed by the applicant.
  6. Other papers (if required)    

Contact

  • Offshore Banking Division, Head Office, Dhaka. Offshore Banking Units : Head Office Complex Unit, Dhaka and Agrabad  Unit, Chattogram.
  • Mobile: 01713221173 and 01713221171
  • E-mail: osbd@ islamibankbd.com
  • Website: www.islamibankbd.com

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