Mukammal Mudarbah

IMD recieves deposit under this product from the general public with monthly, quarterly and semi-annually profit payout.Main features of Mukammal mudarbah are as under.

Underlying Islamic mode PLS Deposit on Modarba basis
Type of product (Saving/Current/Others) Saving
Minimum balance requirement, if any No minimum balance
Tenors (minimum and maximum) Saving
Profit calculation (daily product,monthly, etc) Daily closing balance
Periodicity of Profit distribution (Monthly , Quarterly , Annual ,etc) Monthly/Quarterly/half yearly progit payment
Target Customers PLS Account holders
Service charges leviable, if any As per Schedule of Service Charges
Other salient features/services Nil
Launch date of product Oct 30, 2015

 

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