With Mudharaba Term Deposit Investment, you will earn Halal profit on your investment. The funds are accepted with different investment periods. The Bank manages and invests the funds in Shariah compliant businesses aiming at realizing the best Halal profit. BMA accept deposits in Mudharaba Term Deposit Account only in two currencies, AFN and USD.

Features

☑ Investment can be done for 12 months.
☑ Quarterly profit/loss distribution as per the contract between Customer and Bank.
☑ Payment of profit and investment amount on maturity date.
☑ 20% government tax deduction from the earned profit.
☑ Safe and secure transaction.
☑ 24/7 Customer Connection Channels, through Call Center and social media platform.
☑ Profit sharing ratio, 35% Customer, 65% Bank as Mudharib.

Initial Deposit

☑ 50,000 AFN
☑ 500      USD

Required Docs

☑ Update License.
☑ Article of Association (AoA).
☑ Original NIDs (Tazkira) of CEO, Deputy CEO, and Shareholders.
☑ Request letter for account opening on company letterhead.
☑ Tax Identification Number (TIN).
☑ Company seal stamp.
☑ Presence of company’s CEO and Deputy CEO or any other signatories in the onboarding process.

For further details, please visit our nearest offices or contact BMA’s Customers Services by dialing 1312