• Fixed installment savings scheme
• Monthly installment: Tk.500 & its multiple (up to Tk. 50,000/-)
• Tenure: 3, 5 or 10 years
• Deposit Card available for cash deposit thru CRM/IDM
• Standing instruction available for paying installment from same branch account
• Free deposit from any branch, agent  banking, Internet Banking or Cellfin

• Any Bangladeshi national
• Minimum age: 18 years
• Guardian may run account in name of a minor (-18)

MSSA account operates on Mudaraba (Profit-Loss sharing) principle of Islamic Shariah. This principle offers depositors an agreed portion of business profit and assigns risk for any genuine loss.  Islami Bank distributes a minimum 65% of its investment income among all Mudaraba accounts as per weightage. Hereby the rate of profit paid is variable.

• Profit on provisional basis is paid twice a year.
• Additional amount (if any) is paid after annual calculation of Final Rate
• Advance Income Tax as per Govt rules is deducted each time of profit payment
• Excise duty may be realized as per Govt norms

• Complete and duly signed account opening form
• NID/ Valid Passport/Driving License
• Recent Photo: 2 copy, passport size, attested by introducer
• Nominee’s NID & photo (attested by applicant)
• Recent electricity/ other utility bill in case of present address differing to NID/Passport
• Receipt copy of last year’s Income Tax return (optional)

**Bank may ask for any other additional document