MTB YAQEEN

PRODUCT BROCHURE

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Table of Contents
SL. NO. Products Page No.
A Current Accounts
01 YAQEEN Al Wadee‘ah Current Account (Individual) 02
02 YAQEEN Al Wadee‘ah Current Account (Non-Individual) 03
B Saving Accounts
03 YAQEEN Savings Account 04
04 YAQEEN Employee Savings Account 05
05 YAQEEN Premium Savings Account 06
06 YAQEEN Banat Savings Account 07
C Short Notice Deposit Accounts
07 YAQEEN Short Notice Deposit Account (Individual) 08
08 YAQEEN Short Notice Deposit Account (Non-Individual) 09
D Term Deposits
09 YAQEEN Term Deposit Account (Individual) 10
10 YAQEEN Term Deposit Account (Non-individual) 11
11 YAQEEN Term Deposit in Days Account (Individual) 12
12 YAQEEN Term Deposit in Days Account (Non-individual) 13
13 YAQEEN Banaat Term Deposit Account 14
14 YAQEEN Monthly Profit Scheme 15
15 YAQEEN Quarterly Benefit Scheme 16
E Scheme Products
16 YAQEEN Hajj Deposit Scheme 17
17 YAQEEN Umrah Savings Deposit Scheme 18
18 YAQEEN Flexible Savings Scheme 19
19 YAQEEN Monthly Savings Scheme 20
20 YAQEEN Mahr Deposit Scheme 21
21 YAQEEN Marriage Deposit Scheme 22
22 YAQEEN Mudarris Savings Scheme 23
23 YAQEEN Sayyida Savers Scheme 24
24 YAQEEN Farmer Savings Scheme 25
25 YAQEEN Student Savings Scheme 26
26 YAQEEN Smart Junior Savings Scheme 27
27 YAQEEN Senior Savings Scheme 28

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MTB Yaqeen Al-Wadee’ah Current Account (Individual)
MTB Yaqeen Al-Wadee’ah Current Account is operated under the Sha’riah
permissible mode of Wadee’ah Yad Dhamanah that offers safe keeping of the
deposit of the customers. The deposited money is utilized by the bank at its own risk
in Sha’riah compliant financing mode and depositors bear no risk and do not get any
return. Bank shall guarantee the principal amount of deposit, and is under obligation
to return the entire money on demand by the customer.

Key Features

 This account is suitable for any Bangladeshi citizen above the age of 18 years.
Legal guardians can open & operate an account on behalf of a minor.
 The minimum initial deposit required is BDT 1,000.
 The minimum balance requirement to operate the account is BDT 1,000.
 Complimentary Services:
-Debit Card (1st Year)
-Internet Banking
-Semi-Annual A/C Statement

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MTB Yaqeen Al-Wadee’ah Current Account (Non-Individual)
MTB Yaqeen Al-Wadee’ah Current Account (Non-Individual) is operated under the
Sha’riah permissible mode of Wadee’ah Yad Dhamanah that offers safe keeping of
the deposit of the customers. The deposited money is utilized by the bank at its own
risk in Sha’riah compliant financing mode and depositors bear no risk and do not get
any return. Bank shall guarantee the principal amount of deposit, and is under
obligation to return the entire money on demand by the customer.

Key Features

 This Account is suitable for Institutions, organizations and legal entities like-School,
College, Madrasha, Masjid, Association, Trust, Societies, Non-Government
Organization (NGO), Proprietorship, Partnership, Private and Public Limited
Companies, Autonomous, Semi-Autonomous Body and Government organization, etc.
 The minimum initial deposit required is BDT 2,000.
 The minimum balance requirement to operate the Account is BDT 2,000.
 Complimentary Services:
-Debit Card (1st Year)
-Internet Banking
-Semi-Annual A/C Statement

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MTB Yaqeen Savings Account
MTB Yaqeen Savings Account operates under Shari’ah permissible mode of
‘Mudarabah’ which is a form of partnership business between the Customer and the
Bank. Under MTB Yaqeen Savings Account, the depositor is the ‘Rab-ul-Maal’ or
Fund provider and the Bank is the ‘Mudarib’ or User of the funds deposited by the
customers. The Bank allocates the funds received from the customers to a deposit
pool; funds from the pool are utilized to provide financing to the customers under
Islamic modes of finance.

Key Features

 This account is suitable for any Bangladeshi citizen above the age of 18 years.
Legal guardians can open & operate an account on behalf of a minor.
 Minimum deposit required to open an account: BDT 500.
 Minimum balance requirement to earn profit: BDT 1,000.
 Actual Profit Rate will be determined by calculating Income Sharing Ratio (ISR) on
bank’s monthly income from its Islamic Banking finances
 Profit rate may vary with fluctuations of banks income.

 Complimentary Services:

-Debit Card (1st Year)

-Internet Banking
-Semi-Annual A/C Statement

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MTB Yaqeen Employee Savings Account
MTB currently has around 2350 permanent and 400 contractual employees.
Considering demand of the of the Shari’ah compliant mode of deposit among MTB
employees, Yaqeen Employee Savings Account has been designed. Under this
account, the depositor- i.e., MTB employees maintaining account with MTB Yaqeen
is the ‘Rab-ul-Maal’’ or Fund Provider, and the Bank is the ‘Mudarib’ or User of the
funds deposited by the customers i.e., employees.

Key Features

 This account can be opened only in the name of MTBians (permanent &
contractual).
 No minimum deposit is required to open an account or to earn profit.
 Actual Profit Rate of will be determined by calculating Income Sharing Ratio (ISR)
on bank’s income from its Islamic Banking finances.
 Profit rate may vary with fluctuations of banks income.
 Complimentary Services:

-Debit Card
-Cheque Book
-SMS Banking
-Internet Banking

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MTB Yaqeen Privilege Savings Account
MTB Yaqeen Privilege Savings Account operates under Shari’ah permissible mode
of ‘Mudarabah’ which is a form of partnership business between the Customer and
the Bank. Under this account, the depositor is the ‘Rab-ul-Maal’ or Fund provider
and the Bank is the ‘Mudarib’ or User of the funds deposited by the customers. The
Bank allocates the funds received from the customers to a deposit pool; funds from
the pool are utilized to provide financing to the customers under Islamic modes of
finance.

Key Features

 This account is suitable for any Bangladeshi citizen above the age of 18 years.
However, Legal guardians can open & operate an account on behalf of a minor.
 Minimum deposit required to open an account: BDT 20, 00,000.
 Minimum balance requirement to earn profit: BDT 50,000.
 Actual Profit Rate of will be determined by calculating Income Sharing Ratio (ISR)
on bank’s income from its Islamic Banking finances.
 Profit rate may vary with fluctuations of banks income.
 Complimentary Services:

-Debit Card (1st Year)

-Internet Banking
-Semi-Annual A/C Statement
-Attractive discounts on a variety of services.

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MTB Yaqeen Banat Savings Account
MTB Yaqeen Banat Savings Account is only for females. It is operated under
Shari’ah permissible mode of ‘Mudarabah’, which is a form of partnership business
between the Customer and the Bank. Under MTB Yaqeen Banat Savings Account, the
depositor is the ‘Rab-ul-Maal’ or Fund provider and the Bank is the ‘Mudarib’ or
User of the funds deposited by the customers. The Bank allocates the funds received
from the customers to a deposit pool; funds from the pool are utilized to provide
financing to the customers under Islamic modes of finance.

Key Features

 This account is suitable for any Bangladeshi female citizen above the age of 18
years. However, Legal guardians can open & operate an account on behalf of a
minor.
 Minimum Deposit required to open an account: BDT 500.
 Minimum balance required for earning profit: BDT 1,000.
 Actual Profit Rate of will be determined by calculating Income Sharing Ratio (ISR)
on bank’s income from its Islamic Banking finances.
 Profit rate may vary with fluctuations of banks income.
 Complimentary Services:

-Debit Card (1st Year)

-Internet Banking
-Semi-Annual A/C Statement

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MTB Yaqeen Short Notice Deposit Account (Individual)
MTB Yaqeen Short Notice Deposit Account (Individual) operates under Shari’ah
permissible mode of ‘Mudarabah’ which is a form of partnership business between
the Customer and the Bank. Under MTB Yaqeen SND, the depositor is the ‘Rab-ul-
Maal’ or Fund provider and the Bank is the ‘Mudarib’ or User of the funds deposited
by the customers. The Bank allocates the funds received from the customers to a
deposit pool; funds from the pool are utilized to provide financing to the customers
under Islamic modes of finance.

Key Features

 This account is suitable for any Bangladeshi citizen above the age of 18 years.
 Minimum initial deposit to open the account & earn profit: BDT. 50,000.
 No restriction on amount and number of deposit/withdrawal transactions. But the
deposit held in these accounts shall be payable on short notice period which will
not be less than 7 days.
 Actual Profit Rate of will be determined by calculating profit sharing ratio on bank’s
income from its Islamic Banking Investments.
 Profit rate may vary with fluctuations of banks income.
 Complimentary Services:

-Debit Card (1st Year)

-Internet Banking
-Semi-Annual A/C Statement

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MTB Yaqeen Short Notice Deposit Account (Non-Individual)
MTB Yaqeen Short Notice Deposit Account (Non-Individual) operates under Shari’ah
permissible mode of ‘Mudarabah’ which is a form of partnership business between the
Customer and the Bank. Under MTB Yaqeen SND, the depositor is the ‘Rab-ul-Maal’ or
Fund provider and the Bank is the ‘Mudarib’ or User of the funds deposited by the
customers. The Bank allocates the funds received from the customers to a deposit pool;
funds from the pool are utilized to provide financing to the customers under Islamic
modes of finance. This Account is suitable for Institutions, organizations and legal
entities.

Key Features

 This Account is suitable for Institutions, organizations and legal entities like-School,
College, Madrasha, Masjid, Association, Trust, Societies, Non-Government
Organization (NGO), Proprietorship, Partnership, Private and Public Limited
Companies, Autonomous, Semi-Autonomous Body and Government organization, etc.
 Minimum initial deposit to open the account & earn profit: BDT. 1,00,000.
 No restriction on amount and number of deposit/withdrawal transactions. But the
deposit held in these accounts shall be payable on short notice period which will not
be less than 7 days.
 Actual Profit Rate of will be determined by calculating profit sharing ratio on bank’s
income from its Islamic Banking Investments.
 Profit rate may vary with fluctuations of banks income.
 Complimentary Services:

-Debit Card (1st Year)

-Internet Banking
-Semi-Annual A/C Statement

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MTB Yaqeen Term Deposit Account (Individual)
MTB Yaqeen Term Deposit Account operates under Shari’ah permissible mode of
‘Mudarabah’ which is a form of partnership business between the Customer and the
Bank. Under Yaqeen TDA, the depositor is the ‘Rab-ul-Maal’ or Fund provider and
the Bank is the ‘Mudarib’ or User of the funds deposited by the customers. The Bank
allocates the funds received from the customers to a deposit pool; funds from the
pool are utilized to provide financing to the customers under Islamic modes of finance.

Key Features

 This account is suitable for any Bangladeshi citizen above the age of 18 years.
However, Legal guardians can open & operate an account on behalf of a minor.
 Minimum initial deposit to open the account & earn profit: BDT. 10,000. Tenor can
be 1/2/3/6/9 month(s) or 1/2/3 year(s).
 Actual Profit Rate of will be determined by calculating profit sharing ratio on bank’s
income from its Islamic Banking Investments.
 Profit rate may vary with fluctuations of banks income.
 Qard/Withdrawal facility up to 90% of the principal value can be availed by the
beneficiary.

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MTB Yaqeen Term Deposit Account (Non-Individual)
MTB Yaqeen Term Deposit Account (Non-Individual) operates under Shari’ah
permissible mode of ‘Mudarabah’ which is a form of partnership business between
the Customer and the Bank. Under Yaqeen TDA, the depositor is the ‘Rab-ul-Maal’
or Fund provider and the Bank is the ‘Mudarib’ or User of the funds deposited by
the customers. The Bank allocates the funds received from the customers to a deposit
pool; funds from the pool are utilized to provide financing to the customers under
Islamic modes of finance. This Account is suitable for Institutions, organizations and
legal entities.

Key Features

 This Account is suitable for Institutions, organizations and legal entities.

 Minimum initial deposit to open the account & earn profit: BDT. 10,000. Tenor can
be 1/2/3/6/9 month(s) or 1/2/3 year(s).
 Actual Profit Rate of will be determined by calculating profit sharing ratio on bank’s
income from its Islamic Banking Investments.
 Profit rate may vary with fluctuations of banks income.
 Qard/Withdrawal facility up to 90% of the principal value can be availed by the
beneficiary.

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MTB Yaqeen Term Deposit in Days Account (Individual)
MTB Yaqeen Term Deposit in Days Account operates under Shari’ah permissible
mode of ‘Mudarabah’, which is a form of partnership business between the Customer
and the Bank. Under MTB Yaqeen TDDA, the depositor is the ‘Rab-ul-Maal’ or Fund
provider and the Bank is the ‘Mudarib’ or User of the funds deposited by the
customers. The Bank allocates the funds received from the customers to a deposit
pool; funds from the pool are utilized to provide financing to the customers under
Islamic modes of finance.

Key Features

 This account is suitable for any Bangladeshi citizen above the age of 18 years.
However, Legal guardians can open & operate an account on behalf of a minor.
 Minimum initial deposit required: BDT 10,000 & tenor can be 100/200/300 days.
 Profit will be calculated (accrued) on the daily product basis, but will be booked
on monthly basis and will be credited to the account at maturity.
 Actual Profit Rate of will be determined by calculating profit sharing ratio on bank’s
income from its Islamic Banking Investments.
 Profit rate may vary with fluctuations of banks income.
 Qard/Withdrawal facility up to 90% of the principal value can be availed by the
beneficiary.

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MTB Yaqeen Term Deposit in Days Account (Non-Individual)
MTB Yaqeen Term Deposit in Days Account (Non-Individual) operates under
Shari’ah permissible mode of ‘Mudarabah’, which is a form of partnership business
between the Customer and the Bank. Under MTB Yaqeen TDDA, the depositor is the
‘Rab-ul-Maal’ or Fund provider and the Bank is the ‘Mudarib’ or User of the funds
deposited by the customers. The Bank allocates the funds received from the
customers to a deposit pool; funds from the pool are utilized to provide financing to
the customers under Islamic modes of finance. This Account is suitable for
Institutions, organizations and legal entities.

Key Features

 This Account is suitable for Institutions, organizations and legal entities.

 Minimum initial deposit required: BDT 10,000 & tenor can be 100/200/300 days.
 Profit will be calculated (accrued) on the daily product basis, but will be booked
on monthly basis and will be credited to the account at maturity.
 Actual Profit Rate of will be determined by calculating profit sharing ratio on bank’s
income from its Islamic Banking Investments.
 Profit rate may vary with fluctuations of banks income.
 Qard/Withdrawal facility up to 90% of the principal value can be availed by the
beneficiary.

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MTB Yaqeen Banaat Term Deposit Account
MTB Yaqeen Banaat Term Deposit Account operates under Shari’ah permissible
mode of ‘Mudarabah’, which is a form of partnership business between the Customer
and the Bank. Under this account, the depositor is the ‘Rab-ul-Maal’ or Fund
provider and the Bank is the ‘Mudarib’ or User of the funds deposited by the
customers. The Bank allocates the funds received from the customers to a deposit
pool; funds from the pool are utilized to provide financing to the customers under
Islamic modes of finance.

Key Features

 This account is suitable for any Bangladeshi female citizen above the age of 18
years. However, Legal guardians can open & operate an account on behalf of a
minor.
 Minimum initial deposit required: BDT 10,000 & tenor can be 1/2/3/6/9 months
or 1/2/3 Years.
 Profit will be calculated (accrued) on the daily product basis, but will be booked
on monthly basis and will be credited to the account at maturity.
 Actual Profit Rate of will be determined by calculating profit sharing ratio on bank’s
income from its Islamic Banking Investments.
 Profit rate may vary with fluctuations of banks income.
 Qard/Withdrawal facility up to 90% of the principal value can be availed by the
beneficiary.

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MTB Yaqeen Monthly Profit Scheme
MTB Yaqeen Monthly Profit Scheme is a non-checking term deposit account
operating under Shari’ah permissible mode of ‘Mudarabah’ which is a form of
partnership business between the Customer and the Bank. Under this scheme, the
depositor is the ‘Rab-ul-Maal’ or Fund provider and the Bank is the ‘Mudarib’ or
User of the funds deposited by the customers. The Bank allocates the funds received
from the customers to a deposit pool; funds from the pool are utilized to provide
financing to the customers under Islamic modes of finance.

Key Features

 This account is suitable for any Bangladeshi citizen above the age of 18 years.
However, Legal guardians can open & operate an account on behalf of a minor.
 Minimum deposit required to open an account: BDT 50,000 & Tenor can be
1/2/3/4/5 years.
 Actual Profit Rate of will be determined by calculating profit sharing ratio on bank’s
income from its Islamic Banking Investments.
 Profit rate may vary with fluctuations of banks income.
 Qard/Withdrawal facility up to 90% of the principal value can be availed by the
beneficiary.

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MTB Yaqeen Quarterly Profit Scheme
MTB Yaqeen Quarterly Profit Scheme is a non-checking term deposit account,
operating under Shari’ah permissible mode of ‘Mudarabah’, which is a form of
partnership business between the Customer and the Bank. This scheme will serve the
Individuals, households and organizations, etc., who like to have fixed return with
minimum risk exposure.

Key Features

 This account is suitable for any Bangladeshi citizen above the age of 18 years.
However, Legal guardians can open & operate an account on behalf of a minor.
 Minimum amount to open this scheme: BDT 50,000 & tenure can be 1/2/3/4/5
years.
 Actual Profit Rate of will be determined by calculating profit sharing ratio on bank’s
income from its Islamic Banking Investments.investments.
 Profit rate may vary with fluctuations of banks income.
 Qard/Withdrawal facility up to 90% of the principal value can be availed by the
beneficiary.

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MTB Yaqeen Hajj Deposit Scheme
MTB Yaqeen Hajj Deposit Scheme is a monthly savings Scheme operating under
Shari’ah permissible mode of ‘Mudarabah’, which is a form of partnership business
between the Customer and the Bank. This scheme will enable the Muslims to build
up fund required for performing the holy Hajj, through monthly installments over a
period of time.

Key Features

 This scheme is suitable for any acceptable Bangladeshi citizen. Legal guardians
can open & operate this scheme on behalf of minors.
 The monthly installment will be Taka 1,000/- to Taka 25,000/- (Multiple of Taka
1000) & the tenor can be 1/2/3/5/8/10/12/15 years.
 Actual Profit Rate of will be determined by calculating profit sharing ratio on bank’s
income from its Islamic Banking Investments.
 Profit rate may vary with fluctuations of banks income.
 Qard/Withdrawal facility up to 90% of the principal value can be availed by the
beneficiary.

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MTB Yaqeen Umrah Savings Deposit Scheme
MTB Yaqeen Umrah Savings Deposit Scheme is a monthly savings Scheme
operating under Shari’ah permissible mode of ‘Mudarabah’, which is a form of
partnership business between the Customer and the Bank. This scheme will enable
the intended Muslim men and women to build up fund required for performing the
holy Umrah, through monthly installments over a period of time.

Key Features

 This scheme is suitable for any acceptable Bangladeshi citizen. Legal guardians
can open & operate this scheme on behalf of minors.
 The monthly installment will be Taka 500/- to Taka 10,000/-. (Multiple of Taka
500/-) & the tenor can be 6 Months/1/2/3/5/7/8 year(s).
 Actual Profit Rate of will be determined by calculating profit sharing ratio on bank’s
income from its Islamic Banking Investments.
 Profit rate may vary with fluctuations of banks income.
 Qard/Withdrawal facility up to 90% of the principal value can be availed by the
beneficiary.

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MTB Yaqeen Flexible Savings Scheme
MTB Yaqeen Flexible Savings Scheme is a monthly savings Scheme operating
under Shari’ah permissible mode of ‘Mudarabah’, which is a form of partnership
business between the Customer and the Bank. This scheme will enable Muslims to
build up their necessary fund requiremnts through monthly installments over a period
of time.

Key Features

 This scheme is suitable for any acceptable Bangladeshi citizen. Legal guardians
can open & operate this scheme on behalf of minors.
 The minimum monthly installment will be Taka 1,000/- (Multiple of Taka 1000) &
the tenor can be 2/3/5/8/10/12/15 years.
 Actual Profit Rate of will be determined by calculating profit sharing ratio on bank’s
income from its Islamic Banking Investments.
 Profit rate may vary with fluctuations of banks income.
 Qard/Withdrawal facility up to 90% of the principal value can be availed by the
beneficiary.

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MTB Yaqeen Monthly Savings Scheme
MTB Yaqeen Monthly Savings Scheme is operated under Shari’ah permissible
mode of ‘Mudarabah’, which is a form of partnership business between the Customer
and the Bank. This scheme will enable Muslims to build up their necessary fund
requiremnts through monthly installments over a period of time.

Key Features

 This scheme is suitable for any acceptable Bangladeshi citizen. Legal guardians
can open & operate this scheme on behalf of minors.
 The minimum monthly installment will be Taka 1,000/- to Taka 20,000/- (Multiple
of Taka 1000) & the tenor can be 2/3/5/8/10/12/15 years.
 Actual Profit Rate of will be determined by calculating profit sharing ratio on bank’s
income from its Islamic Banking Investments.
 Profit rate may vary with fluctuations of banks income.
 Qard/Withdrawal facility up to 90% of the principal value can be availed by the
beneficiary.

20
MTB Yaqeen Mahr Deposit Scheme
MTB Yaqeen Mahr Deposit Scheme (Yaqeen MDS) is operated under Shari’ah
permissible mode of ‘Mudarabah’, which is a form of partnership business between
the Customer and the Bank. This scheme will enable the Muslims to build up funds
required for Mahr, through monthly installments over a period of time.

Key Features

 This scheme is suitable for any acceptable Bangladeshi citizen. Legal guardians
can open & operate this scheme on behalf of minors.
 The monthly installment will be Taka 500/- to Taka 10,000/-. (Multiple of Taka
500/-) & the tenor can be 3/5/7/10 years.
 Actual Profit Rate of will be determined by calculating profit sharing ratio on bank’s
income from its Islamic Banking Investments.
 Profit rate may vary with fluctuations of banks income.
 Qard/Withdrawal facility up to 90% of the principal value can be availed by the
beneficiary.

21
MTB Yaqeen Marriage Deposit Scheme
MTB Yaqeen Marriage Deposit Scheme is operated under Shari’ah permissible
mode of ‘Mudarabah’, which is a form of partnership business between the Customer
and the Bank. This will enable the Muslim males and females to build up fund to bear
the costs for marriage, through monthly installments over a period of time.

Key Features

 This scheme is suitable for any acceptable Bangladeshi citizen. Legal guardians
can open & operate this scheme on behalf of minors.
 The installment amount can be between BDT 500 to BDT 10,000 (multiple of 500)
& tenor can be 3/5/7/10 years.
 Actual Profit Rate of will be determined by calculating profit sharing ratio on bank’s
income from its Islamic Banking Investments.
 Profit rate may vary with fluctuations of banks income.
 Qard/Withdrawal facility up to 90% of the principal value can be availed by the
beneficiary.

22
MTB Yaqeen Mudarris Savings Scheme
MTB Yaqeen Mudarris Savings Scheme is operated under Shari’ah permissible
permissible mode of ‘Mudarabah’, which is a form of partnership business between
the Customer and the Bank. This will enable the honorable ‘mudarris’ (teachers) of
the country to build up their planned fund through monthly installments over a period
of time.

Key Features

 This scheme is suitable for any Bangladeshi citizen (Teachers Only) above the age
of 18 years.
 The monthly installment will be Taka 500/- to Taka 20,000/-. (Multiple of Taka
500) & the tenor can be 2/3/5/8/10/12/15 years.
 Actual Profit Rate of will be determined by calculating profit sharing ratio on bank’s
income from its Islamic Banking Investments.
 Profit rate may vary with fluctuations of banks income.
 Qard/Withdrawal facility up to 90% of the principal value can be availed by the
beneficiary.

23
MTB Yaqeen Sayyida Savers Scheme
MTB Yaqeen Sayyida Savers Scheme is operated Shari’ah permissible mode of
‘Mudarabah’, which is a form of partnership business between the Customer and the
Bank. This will enable the eligible females of the country to build up their planned
fund, through monthly installments over a period of time.

Key Features

 This scheme is suitable for any Bangladeshi female citizen above the age of 18
years. However, Legal guardians can open & operate this scheme on behalf of
minors.
 The monthly installment will be Taka 500/- to Taka 10,000/-. (Multiple of Taka
500/-) & the tenor can be 2/3/5/8/10/12/15 years.
 Actual Profit Rate of will be determined by calculating profit sharing ratio on bank’s
income from its Islamic Banking Investments.
 Profit rate may vary with fluctuations of banks income.
 Qard/Withdrawal facility up to 90% of the principal value can be availed by the
beneficiary.

24
MTB Yaqeen Farmer Savings Scheme
MTB Yaqeen Farmer Savings Scheme is operated under Shari’ah permissible mode
of ‘Mudarabah’, which is a form of partnership business between the Customer and
the Bank. This will enable the eligible farmers of the country to build up their planned
fund requirements through monthly installments over a period of time.

Key Features

 This scheme is suitable for any Bangladeshi citizen (Farmers only) above the age
of 18 years. However, Legal guardians can open & operate this scheme on behalf
of minors.
 The monthly installment will be Taka 500/- to Taka 10,000/-. (Multiple of Taka
500/-) & the tenor can be 3/5/7/10 years.
 Actual Profit Rate of will be determined by calculating profit sharing ratio on bank’s
income from its Islamic Banking Investments.
 Profit rate may vary with fluctuations of banks income.
 Qard/Withdrawal facility up to 90% of the principal value can be availed by the
beneficiary.

25
MTB Yaqeen Student Savings Scheme
MTB Yaqeen Student Savings Scheme is operated under Shari’ah permissible mode
of ‘Mudarabah’, which is a form of partnership business between the Customer and
the Bank. It aims to bring the madrasha, school, college and university students with
age range from 18 to 28 years under Islamic banking umbrella, and to inculcate the
habit of savings in them, through monthly installments over a period of time.

Key Features

 This scheme is suitable for any Bangladeshi students above with age range from
18 to 28 years. However, Legal guardians can open & operate this scheme on
behalf of minors.
 The monthly installment will be Taka 500/- to Taka 10,000/-. (Multiple of Taka
500/-) & the tenor can be 3/5/8/10 years.
 Actual Profit Rate of will be determined by calculating profit sharing ratio on bank’s
income from its Islamic Banking Investments.
 Profit rate may vary with fluctuations of banks income.
 Qard/Withdrawal facility up to 90% of the principal value can be availed by the
beneficiary.

26
MTB Yaqeen Smart Junior Savings Scheme
MTB Yaqeen Smart Junior Savings Scheme (Yaqeen SJSS) is operated under
Shari’ah permissible mode of ‘Mudarabah’, which is a form of partnership business
between the Customer and the Bank. Yaqeen Smart Junior Scheme aims to bring
children, especially, the madrasha and school going students with age limit below 18
years, under Islamic banking umbrella, and to develop savings habit among them,
through monthly installments over a period of time.

Key Features

 This scheme is suitable for any Bangladeshi children/madrasha/school going

children aged below 18 years.
 The installment amount can be between BDT 500 to BDT 15,000 (multiple of 500)
& Tenure can be 2/3/5/8/10 years.
 Actual Profit Rate of will be determined by calculating profit sharing ratio on bank’s
income from its Islamic Banking Investments.
 Profit rate may vary with fluctuations of banks income.
 Qard/Withdrawal facility up to 90% of the principal value can be availed by the
beneficiary.

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MTB Yaqeen Senior Savings Scheme
MTB Yaqeen Senior Savings Scheme is operated under Shari’ah permissible mode
of ‘Mudarabah’, which is a form of partnership business between the Customer and
the Bank. This scheme will enable the eligible senior citizens (60 years or more) of
the country to build up their planned fund through monthly installments over a period
of time.

Key Features

 This scheme is suitable for any Bangladeshi citizen above the age of 60 years.
 The installment size can be between BDT 500 to BDT 20,000 (multiple of 500) &
tenure can be 2/3/5/7/10 years.
 Actual Profit Rate of will be determined by calculating profit sharing ratio on bank’s
income from its Islamic Banking Investments.
 Profit rate may vary with fluctuations of banks income.
 Qard/Withdrawal facility up to 90% of the principal value can be availed by the
beneficiary.

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