Mudarabah Term Deposit

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Mudarabah Term Deposit

Mudarabah Term Deposit (MTD) is a profit sharing product. The bank receives deposit on Mudarabah principle and invests it in Halal (permissible in Isalmic Shariah) business. Profit is shared as per pre-agreed ratio and loss if any, goes to the account of the depositor.

Key Features

  • Deposit tenor is 1, 3, 6, 12, and 24 months.
  • Premature encashment is allowed with due profit reduction.
  • Quard facility against MTD is available.
  • Profit sharing: Client : Bank: 65:35 at minimum.

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