Sun News Desk: Islami Bank Bangladesh Limited has launched 3 new deposit schemes namely Mudaraba Education Savings Scheme, Expatriate Housing Savings Scheme and Senior Citizen Monthly Profit Savings Scheme and ‘Swapnakutir’ semi-finished housing scheme and ‘Swapnabunan’ education investment scheme.


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On Tuesday (September 13), the bank’s managing director and CEO Muhammad Munirul Mawla formally inaugurated these projects at the bank’s head office.


Additional Managing Director Muhammad Qaiser Ali and J. Q. M. Habibullah, FCS. Md Maksudur Rahman, senior executive vice president of the bank gave a welcome address under the chairmanship of Additional Managing Director Md Omar Farooq Khan.


Deputy Managing Director Md. Altaf Hussain, Md. Nayar Azam, Md. Siddiqur Rahman, Mohammad Jamal Uddin Majumdar, Engineer A.F.M. Kamaluddin, Muhammad Shabbir, Chief Human Resource Officer Md. Mostafizur Rahman Siddiqui and Camelco Taher Ahmed Chowdhury along with senior executives of the bank were present in the event. Apart from this, all the zone heads, branch heads and sub-branch in-charges of the bank were connected through the virtual platform.


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Under the Mudaraba Education Savings Scheme, a child under the age of 18 can open a valid non-custodial account in his/her name. Through this, investment for purchase of training and educational materials, scholarship for 10 and 15 years term account holder with preference in scholarship up to 90% against deposit will be availed.


Any expatriate Bangladeshi can open an account under the Mudaraba Expatriate Housing Savings Scheme. Priority will be given in receiving investment for construction of buildings and purchase of flats. This account can be opened for a period of 3, 5, 10 and 15 years.


Bangladeshi citizens aged 50 years and above can open an account in the Mudaraba Senior Citizen Monthly Profit Savings Scheme. Customers of this account will get special discount on card payment at designated hospitals, half charge as savings and up to 90% credit against principal deposit.


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Customers with a monthly income of Tk 30,000 and above can invest under Swapnakuti’s semi-furnished housing investment scheme. People with limited income in rural areas and industrial and commercial areas of the country can take investment benefits up to a maximum of 30 lakh rupees.


Swapnabunan Education Investment Scheme was launched to facilitate higher education for students at home and abroad. Guardians will get this investment facility for those above 18 years and minors.


Sun News/HN

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