Al-Mudarabah

Al-Mudarabah

Mudarabah is a partnership between the fund provider and the user. Depositor here provides fund and the bank does business. Deposit provider is called “Shaheb Al-Mal” and the banker i.e user of fund is called “Mudarib“. As per shariah principles, the Mudarib will conduct the business independently following the Shariah principles and the shaheb al-mal will provide fund only. If the business earns any profit it will be distributed among the depositor and the bank as per pre-agreed ratio. But in case of loss it will go to the account of the shaheb al-mal. Mudarib i.e bank will not get any remuneration against it’s services.

In this mode of deposit the bank mobilizes major portion of it’s deposit. Earned profit is distributed among the bank and client on 35: 65 ratio in minimum. However bank may increase the client portion to provide higher profit rate to the depositor, if needed.

Mudarabah Deposit Products

Mudarabah Short Notice Deposit

Mudarabah Short Notice Deposit (MSND) Account bears the combined...

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Mudarabah Savings Deposit

Mudarabah Savings Deposit (MSD) Account is operated following the Mudarabah principles...

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Mudarabah Term Deposit

Mudarabah Term Deposit (MTD) is a profit sharing product. The bank receives...

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Mudarabah Monthly Profit Deposit

Depositors who need monthly return on deposit such as Retired Service Holders...

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Mudarabah Quartly Profit Deposit

It is Mudarabah term deposit account where the depositor gets profit on quarterly basis...

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Mudarabah Pension Deposit

Planed savings in the job life brings financial security and peace of mind in the retired life...

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Mudarabah Hajj Deposit

Hajj is one of the five pillars of Islam. It is compulsory for capable Muslim men...

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Mudarabah Marriage Savings Deposit

Marriage is an expensive social and religious obligation of adult Muslims...

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Mudarabah Cash Waqf Deposit

Human life is fleeting. It is a short period. After it a life will start which is endless...

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