UCB TAQWA profit bearing accounts are operated under Shariah Mode “Mudaraba” where, it is a partnership business contract between Bank & Customer. Customer provides capital (Shaheb Al Maal) and Bank manages the business (Mudarib). Income generated is distributed between partners as per agreed Income Sharing Ratio (ISR)
Rate of Deposit Product:
Note: Current ISR Effective from 1st March, 2024
Oct’24 |
Nov’24 |
Dec’24 |
Jan’25 |
||||||
Yield |
6.56 |
Yield |
7.62 |
Yield |
10.24 |
Yield |
11.34 |
||
Name of the deposit product |
Customer’s |
Actual Rate |
Actual Rate |
Actual Rate |
Actual Rate |
||||
General Product: Retail |
|||||||||
Al-Wadiah Current Account |
0% |
0 |
0 |
0 |
0 |
||||
Mudaraba Savings Account |
25% |
1.64 |
1.91 |
2.56 |
2.84 |
||||
Mudaraba CEP Savings Account |
25% |
1.64 |
1.91 |
2.56 |
2.84 |
||||
Mudaraba AYMA Savings |
30% |
1.97 |
2.29 |
3.07 |
3.4 |
||||
Mudaraba Diganta Salary Account |
30% |
1.97 |
2.29 |
3.07 |
3.4 |
||||
Mudaraba Imperial Savings Account |
30% |
1.97 |
2.29 |
3.07 |
3.4 |
||||
Mudaraba Probashi Savings Account |
30% |
1.97 |
2.29 |
3.07 |
3.4 |
||||
Mudaraba Young Star Savings Account |
20% |
1.31 |
1.52 |
2.05 |
2.27 |
||||
Mudaraba Term Deposit 03 Month |
95% |
6.23 |
7.24 |
9.73 |
10.77 |
||||
Mudaraba Term Deposit 06 Month |
95% |
6.23 |
7.24 |
9.73 |
10.77 |
||||
Mudaraba Term Deposit 12 Month |
95% |
6.23 |
7.24 |
9.73 |
10.77 |
||||
Mudaraba Term Deposit 24 Month |
95% |
6.23 |
7.24 |
9.73 |
10.77 |
||||
Mudaraba Term Deposit 36 Month |
95% |
6.23 |
7.24 |
9.73 |
10.77 |
||||
Mudaraba Monthly DPS 03 Years |
80% |
5.25 |
6.10 |
8.19 |
9.07 |
||||
Mudaraba Monthly DPS 05 Years |
85% |
5.58 |
6.48 |
8.70 |
9.64 |
||||
Mudaraba Monthly DPS 07 Years |
85% |
5.58 |
6.48 |
8.70 |
9.64 |
||||
Mudaraba Monthly DPS 10 Years |
85% |
5.58 |
6.48 |
8.70 |
9.64 |
||||
Mudaraba HAJJ DPS_1 Year to 03 Years |
80% |
5.25 |
6.10 |
8.19 |
9.07 |
||||
Mudaraba HAJJ DPS_4 Year to 06 Years |
85% |
5.58 |
6.48 |
8.70 |
9.64 |
||||
Mudaraba HAJJ DPS_7 Year to 10 Years |
85% |
5.58 |
6.48 |
8.70 |
9.64 |
||||
General Product: SME/Corporate |
|||||||||
Al-Wadiah Current Account |
0% |
0 |
0 |
0 |
0 |
||||
Mudaraba Savings Account |
25% |
1.64 |
1.91 |
2.56 |
2.84 |
||||
Mudaraba SND Account |
30% |
1.97 |
2.29 |
3.07 |
3.4 |
||||
Mudaraba Term Deposit 03 Month |
80% |
5.25 |
6.10 |
8.19 |
9.07 |
||||
Mudaraba Term Deposit 06 Month |
80% |
5.25 |
6.10 |
8.19 |
9.07 |
||||
Mudaraba Term Deposit 12 Month |
80% |
5.25 |
6.10 |
8.19 |
9.07 |
||||
Mudaraba Term Deposit 24 Month |
80% |
5.25 |
6.10 |
8.19 |
9.07 |
||||
Mudaraba Term Deposit 36 Month |
80% |
5.25 |
6.10 |
8.19 |
9.07 |
||||
High Value Product: SME/Corporate |
|||||||||
Al-Wadiah Freedom Account |
25% |
1.64 |
1.91 |
2.56 |
2.84 |
||||
Mudaraba SND Plus Account |
45% |
2.95 |
3.43 |
4.61 |
5.1 |
||||
Mudaraba TD Plus Account 03 Month |
65% |
4.26 |
4.95 |
6.66 |
7.37 |
||||
Mudaraba TD Plus Account 06 Month |
65% |
4.26 |
4.95 |
6.66 |
7.37 |
||||
Mudaraba TD Plus Account 12 Month |
70% |
4.59 |
5.33 |
7.17 |
7.94 |
||||
Mudaraba TD Plus Account 24 Month |
75% |
4.92 |
5.72 |
7.68 |
8.51 |
||||
Mudaraba TD Plus Account 36 Month |
75% |
4.92 |
5.72 |
7.68 |
8.51 |
||||
