Islami Bank Bangladesh Limited operates Al-wadeah Current Account on the principles of Al-wadeah. The Bank commits to refund money deposited in these Accounts on the demand of customers. On the other hand the Bank takes permission from customers that the Bank may utilize their money. Customers may operate these Accounts as their desires. No profit is disbursed in these Accounts and depositors do not bear any loss.
Required Documents
- Complete account opening form.
- 2 Copies passport size photographs of every operators duly attested by introducer.
- Identification proof like National ID Card/ Passport/ Chairman certificate.
- 1 copy photograph of nominee duly attested by the account holder.
- 1 set photocopy of National ID Card/ Passport/ Chairman certificate.
- Signature of Introducer.
- Minimum deposit BDT 1000.00.
Islami Bank Bangladesh Limited is a Joint Venture Public Limited Company engaged in commercial banking business based on Islamic Shari'ah with 63.09% foreign shareholding having largest branch network of total 294 Branches among the private sector Banks in Bangladesh. It was established on the 13th March 1983 as the first Islamic Bank in the South East Asia. The mission of the bank is to establish Islamic Banking through the introduction of a welfare oriented banking system and also ensure equity and justice in the field of all economic activities, achieve balanced growth and equitable development in through diversified investment operations particularly in the priority sectors and less developed areas of the country. To encourage socio-economic upliftment and financial services to the loss-income community particularly in the rural areas.