Mudaraba Waqf Cash Deposit Account (MWCDA)

To implement your noble desire, this Account may create cash waqf at a time or may start with a minimum deposit of BDT 10,000.00 (Taka ten thousand only) and the subsequent deposit shall be made by installments in thousand taka or in multiple of thousand taka. Profit of this account is utilized for social and human welfare as per instruction of the account holders.

Required Documents
- Complete account opening form.
- 2 copies passport size photographs of account holder duly attested by introducer.
- Identification proof like National ID Card/ Passport/ Chairman certificate.
- 1 set photocopy of National ID Card/ Passport/ Chairman certificate.
- Signature of Introducer.
- Minimum deposit BDT 10,000.00.

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About Islami Bank Bangladesh Limited

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.