• Any Bangladeshi citizen aged 18 years or above
• Husband should open the account in his wife's name
• Unmarried man can open the account in his own name

MMSA account operates on Mudaraba (Profit-Loss sharing) principle of Islamic Shariah. This principle offers depositors an agreed portion of business profit and assigns risk for any genuine loss.  The Bank distributes a minimum 65% of its investment income among all Mudaraba accounts as per weightage. Hereby the rate of profit paid is variable.

• Profit on provisional basis is paid twice a year.
• Additional amount (if any) is paid after annual calculation of Final Rate
• Advance Income Tax as per govt. rules is deducted each time of profit payment
• Excise duty may be realized as per govt norms

• Complete and duly signed account opening form
• National Identity card (NID)/ valid Passport/ Driving License
• 2 copies of recent, passport size photogrph attested by introducer
• Nominee’s NID & photo (attested by applicant)
• Recent electricity/ other utility bill in case of present address differing to NID/Passport
• Proof of submission of last year’s Income Tax return (optional)

**Bank may ask for any other additional document