In addition to the Shariah guidelines, Trust Islamic banking (TIB) strictly complied the Bangladesh Bank instructions regarding Islamic banking operations and adheres to the followings:
- Completely Separate Fund management–no mingling of fund with the conventional banking deposits of the Bank. Investments are made from the Islamic banking deposits only.
- Separate book-keeping, Profit & Loss Account by Islamic banking module of Bank’s CBS.
- Profit sharing ratio (Depositor: Bank) is 65:35.
Profit distributions are executed as per approved weightage table.
|
Sl. No. |
Deposit Type |
Weightage |
||
| Mudaraba Savings Deposit | ||||
|---|---|---|---|---|
|
1. |
10 Taka Farmers MSA |
0.65 |
||
|
2. |
Mudaraba Savings Account
|
0.60 |
||
|
3. |
TBL Employee Mudaraba Salary A/C |
0.60 |
||
|
4. |
Defence Personnel Mudaraba Salary A/C |
0.60 |
||
|
5. |
TIB Payroll |
0.60
|
||
|
6. |
Provident Fund A/c (TIB Payroll) |
0.60 |
||
|
7. |
Mudaraba Porua Account |
0.65 |
||
|
8. |
Mudaraba Senior Deposit Account |
0.65 |
||
|
9. |
Mudaraba Short Notice Deposit (MSND) |
0.30 |
||
| Mudaraba Term Deposit Receipt (MTDR) | For (1) Individuals (2) Employees Provident Fund of Public / Private Organization (3) Funds created to settle post retirement & other benefits | |||
|
1. |
Mudaraba Term Deposit Receipt (MTDR)-1 month |
0.40 |
||
|
2. |
Mudaraba Term Deposit Receipt (MTDR) -3 month |
0.85 |
||
|
3. |
Mudaraba Term Deposit Receipt (MTDR)-6 month |
0.90 |
||
|
4. |
Mudaraba Term Deposit Receipt (MTDR)- 12 month |
0.95 |
||
|
5. |
Mudaraba Term Deposit Receipt (MTDR)- 24 & 36 month |
0.98 |
||
|
6. |
Mudaraba Term Deposit Receipt (MTDR)- 60 month |
1.00 |
||
| Mudaraba Term Deposit Receipt (MTDR) | Other than (1) Individuals (2) Employees Provident Fund of Public / Private Organization (3) Funds created to settle post retirement & other benefits | |||
|
1. |
Mudaraba Term Deposit Receipt (MTDR)-1 month |
0.30 |
||
|
2. |
Mudaraba Term Deposit Receipt (MTDR) -3 month |
0.55 |
||
|
3. |
Mudaraba Term Deposit Receipt (MTDR)-6 month |
0.65 |
||
|
4. |
Mudaraba Term Deposit Receipt (MTDR)- 12 month |
0.75 |
||
|
5. |
Mudaraba Term Deposit Receipt (MTDR)- 24 & 36 month |
0.80 |
||
|
6. |
Mudaraba Term Deposit Receipt (MTDR)- 60 month |
0.85 |
||
| Mudaraba Term Deposit Receipt (MTDR) | MTDR for Seniors | |||
|
1. |
MTDR-Seniors 3 Months |
0.90 |
||
|
2. |
MTDR-Seniors 6 Months |
0.92 |
||
|
3. |
MTDR-Seniors 12 Months |
0.95 |
||
|
4. |
MTDR-Seniors 24 & 36 Months |
1.00 |
||
|
5. |
MTDR-Seniors 60 Months |
1.05 |
||
| Mudaraba Scheme Deposit | ||||
|
1. |
Mudaraba Monthly Savings Scheme (MMSS) – 36 Month |
1.02 |
||
|
.2 |
Mudaraba Monthly Savings Scheme (MMSS) – 60 month
|
1.05 |
||
|
3. |
Mudaraba Monthly Savings Scheme (MMSS) – 96 month |
1.05 |
||
|
4. |
Mudaraba Monthly Savings Scheme (MMSS) – 120 month |
1.10 |
||
|
5. |
Mudaraba Monthly Savings Scheme (MMSS) – 144 month |
1.15 |
||
|
6. |
Barakat Hajj Deposit Scheme up to 10 years |
1.15 |
||
|
7. |
Barakat Hajj Deposit Scheme 10 years & above |
1.20 |
||
|
8. |
Mudaraba Millionaire Scheme up to 10 years |
1.08 |
||
|
9 |
Mudaraba Millionaire Scheme 10 years & above |
1.10 |
||
|
10. |
Mudaraba Kotipati Scheme up to 10 years |
1.08 |
||
|
11. |
Mudaraba Kotipati Scheme 10 years & above |
1.10 |
||
|
12. |
Mudaraba Money Double Scheme |
1.05 |
||
|
13. |
Mudaraba Monthly Profit Scheme- 1 , 2 & 3 Years |
0.98 |
||
|
14. |
Mudaraba Monthly Profit Scheme- 5 Years |
1.00 |
||
|
15. |
Mudaraba Cash Waqf Scheme 3 Years |
0.98 |
||
|
16. |
Mudaraba Cash Waqf Scheme 5 Years |
1.00 |
||
|
17. |
Trust Mudaapah Deposit Scheme - 3 years |
0.98 |
||
|
18. |
Trust Mudaapah Deposit Scheme -5 Years |
1.00 |
||
|
19. |
Mudaraba Junior Saving Scheme -MJSS |
1.02 |
||
|
20. |
MMPS-Seniors -1,2 & 3 Years |
1.00 |
||
|
21. |
MMPS-Seniors -5 Years |
1.05 |
||
The revised weightage of Mudaraba Deposit will come into effect from January 1, 2022 and remain valid till further revision.
