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Bangladeshi Senior Citizen with age starting from 50 years.
Must have/ have to open an MSA acccount with IBBL for receiving profit.
MSCMPD 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. Islami Bank distributes a minimum 65% of its investment income among all Mudaraba accounts as per weightage. Hereby the rate of profit paid is variable.
**Bank may ask for any other additional document