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
August ‘24 |
Sep ‘24 |
Oct’24 |
Nov’24 |
||||||
Yield |
8.47 |
Yield |
8.48 |
Yield |
|
Yield |
|
||
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% |
2.12 |
2.12 |
1.64 |
1.91 |
||||
Mudaraba CEP Savings Account |
25% |
2.12 |
2.12 |
1.64 |
1.91 |
||||
Mudaraba AYMA Savings |
30% |
2.54 |
2.54 |
1.97 |
2.29 |
||||
Mudaraba Diganta Salary Account |
30% |
2.54 |
2.54 |
1.67 |
2.29 |
||||
Mudaraba Imperial Savings Account |
30% |
2.54 |
2.54 |
1.97 |
2.29 |
||||
Mudaraba Probashi Savings Account |
30% |
2.54 |
2.54 |
1.97 |
2.29 |
||||
Mudaraba Young Star Savings Account |
20% |
1.69 |
1.70 |
1.31 |
1.52 |
||||
Mudaraba Term Deposit 03 Month |
95% |
8.05 |
8.06 |
8.10 |
8.50 |
||||
Mudaraba Term Deposit 06 Month |
95% |
8.05 |
8.06 |
8.10 |
8.50 |
||||
Mudaraba Term Deposit 12 Month |
95% |
8.05 |
8.06 |
8.10 |
8.50 |
||||
Mudaraba Term Deposit 24 Month |
95% |
8.05 |
8.06 |
8.10 |
8.50 |
||||
Mudaraba Term Deposit 36 Month |
95% |
8.05 |
8.06 |
8.10 |
8.50 |
||||
Mudaraba Monthly DPS 03 Years |
80% |
6.78 |
6.78 |
5.25 |
6.10 |
||||
Mudaraba Monthly DPS 05 Years |
85% |
7.20 |
7.21 |
5.58 |
6.48 |
||||
Mudaraba Monthly DPS 07 Years |
85% |
7.20 |
7.21 |
5.58 |
6.48 |
||||
Mudaraba Monthly DPS 10 Years |
85% |
7.20 |
7.21 |
5.58 |
6.48 |
||||
Mudaraba HAJJ DPS_1 Year to 03 Years |
80% |
6.78 |
6.78 |
5.25 |
6.10 |
||||
Mudaraba HAJJ DPS_4 Year to 06 Years |
85% |
7.20 |
7.21 |
5.58 |
6.48 |
||||
Mudaraba HAJJ DPS_7 Year to 10 Years |
85% |
7.20 |
7.21 |
5.58 |
6.48 |
||||
General Product: SME/Corporate |
|||||||||
Al-Wadiah Current Account |
0% |
0 |
0 |
0 |
0 |
||||
Mudaraba Savings Account |
25% |
2.12 |
2.12 |
1.64 |
1.91 |
||||
Mudaraba SND Account |
30% |
2.54 |
2.54 |
1.67 |
2.29 |
||||
Mudaraba Term Deposit 03 Month |
80% |
6.78 |
6.78 |
8.10 |
8.50 |
||||
Mudaraba Term Deposit 06 Month |
80% |
6.78 |
6.78 |
8.10 |
8.50 |
||||
Mudaraba Term Deposit 12 Month |
80% |
6.78 |
6.78 |
8.10 |
8.50 |
||||
Mudaraba Term Deposit 24 Month |
80% |
6.78 |
6.78 |
8.10 |
8.50 |
||||
Mudaraba Term Deposit 36 Month |
80% |
6.78 |
6.78 |
8.10 |
8.50 |
||||
High Value Product: SME/Corporate |
|||||||||
Al-Wadiah Freedom Account |
25% |
2.12 |
2.12 |
1.64 |
1.91 |
||||
Mudaraba SND Plus Account |
45% |
3.81 |
3.82 |
2.95 |
3.43 |
||||
Mudaraba TD Plus Account 03 Month |
65% |
5.51 |
5.51 |
4.26 |
4.95 |
||||
Mudaraba TD Plus Account 06 Month |
65% |
5.51 |
5.51 |
4.26 |
4.95 |
||||
Mudaraba TD Plus Account 12 Month |
70% |
5.93 |
5.94 |
4.59 |
5.33 |
||||
Mudaraba TD Plus Account 24 Month |
75% |
6.35 |
6.36 |
4.92 |
5.72 |
||||
Mudaraba TD Plus Account 36 Month |
75% |
6.35 |
6.36 |
4.92 |
5.72 |
||||
Rate of Deposit Product
April ‘24 |
May‘24 |
June ‘24 |
July’24 |
||||||
Yield |
8.53 |
Yield |
9.44 |
Yield |
7.94 |
Yield |
8.51 |
||
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 |
0.00 |
||||
Mudaraba Savings Account |
25% |
2.13 |
2.36 |
1.99 |
2.13 |
||||
Mudaraba CEP Savings Account |
25% |
2.13 |
2.36 |
1.99 |
2.13 |
||||
Mudaraba AYMA Savings |
30% |
2.56 |
2.83 |
2.38 |
2.55 |
||||
Mudaraba Diganta Salary Account |
30% |
2.56 |
2.83 |
2.38 |
2.55 |
||||
Mudaraba Imperial Savings Account |
30% |
2.56 |
2.83 |
2.38 |
2.55 |
||||
Mudaraba Probashi Savings Account |
30% |
2.56 |
2.83 |
2.38 |
2.55 |
||||
Mudaraba Young Star Savings Account |
20% |
1.71 |
1.89 |
1.59 |
1.70 |
||||
Mudaraba Term Deposit 03 Month |
95% |
8.10 |
8.97 |
7.54 |
8.08 |
||||
Mudaraba Term Deposit 06 Month |
95% |
8.10 |
8.97 |
7.54 |
8.08 |
||||
Mudaraba Term Deposit 12 Month |
95% |
8.10 |
8.97 |
7.54 |
8.08 |
||||
Mudaraba Term Deposit 24 Month |
95% |
8.10 |
8.97 |
7.54 |
8.08 |
||||
Mudaraba Term Deposit 36 Month |
95% |
8.10 |
8.97 |
7.54 |
8.08 |
||||
Mudaraba Monthly DPS 03 Years |
80% |
6.82 |
7.55 |
6.35 |
6.81 |
||||
Mudaraba Monthly DPS 05 Years |
85% |
7.25 |
8.02 |
6.75 |
7.23 |
||||
Mudaraba Monthly DPS 07 Years |
85% |
7.25 |
8.02 |
6.75 |
7.23 |
||||
Mudaraba Monthly DPS 10 Years |
85% |
7.25 |
8.02 |
6.75 |
7.23 |
||||
Mudaraba HAJJ DPS_1 Year to 03 Years |
80% |
6.82 |
7.55 |
6.35 |
6.81 |
||||
Mudaraba HAJJ DPS_4 Year to 06 Years |
85% |
7.25 |
8.02 |
6.75 |
7.23 |
||||
Mudaraba HAJJ DPS_7 Year to 10 Years |
85% |
7.25 |
8.02 |
6.75 |
7.23 |
||||
General Product: SME/Corporate |
|||||||||
Al-Wadiah Current Account |
0% |
0 |
0 |
0 |
0.00 |
||||
Mudaraba Savings Account |
25% |
2.13 |
2.36 |
1.99 |
2.13 |
||||
Mudaraba SND Account |
30% |
2.56 |
2.83 |
2.38 |
2.55 |
||||
Mudaraba Term Deposit 03 Month |
80% |
6.82 |
7.55 |
6.35 |
6.81 |
||||
Mudaraba Term Deposit 06 Month |
80% |
6.82 |
7.55 |
6.35 |
6.81 |
||||
Mudaraba Term Deposit 12 Month |
80% |
6.82 |
7.55 |
6.35 |
6.81 |
||||
Mudaraba Term Deposit 24 Month |
80% |
6.82 |
7.55 |
6.35 |
6.81 |
||||
Mudaraba Term Deposit 36 Month |
80% |
6.82 |
7.55 |
6.35 |
6.81 |
||||
High Value Product: SME/Corporate |
|||||||||
Al-Wadiah Freedom Account |
25% |
2.13 |
2.36 |
1.99 |
1.64 |
||||
Mudaraba SND Plus Account |
45% |
3.84 |
4.25 |
3.57 |
2.95 |
||||
Mudaraba TD Plus Account 03 Month |
65% |
5.55 |
6.14 |
5.16 |
4.26 |
||||
Mudaraba TD Plus Account 06 Month |
65% |
5.55 |
6.14 |
5.16 |
4.26 |
||||
Mudaraba TD Plus Account 12 Month |
70% |
5.97 |
6.61 |
5.56 |
4.59 |
||||
Mudaraba TD Plus Account 24 Month |
75% |
6.40 |
7.08 |
5.96 |
4.92 |
||||
Mudaraba TD Plus Account 36 Month |
75% |
6.40 |
7.08 |
5.96 |
4.92 |
||||
