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AB Bank recently launched three new Shariah-compliant deposit products, AB Maahir, AB Islamic DPS and AB Hajj Deposit Scheme.
AB Maahir offers higher quarterly profit than general Mudarabah savings accounts with minimum balance of BDT 5,000 with added enhance features, according to a press release.
AB Islamic DPS is a monthly installment-based deposit plan with tenure upto 20 years and includes free Takaful insurance coverage up to Tk. 50 Lacs.
AB Hajj Deposit Scheme helps customers set aside for Hajj with flexible tenures of 1 to 20 years with competitive half-yearly profit, attractive pre-mature encashment.
The launching ceremony was inaugurated by Mr. Syed Mizanur Rahman, Managing Director & CEO of AB Bank.
The event was graced by Dr. Hafiz Muztaba Riza Ahmed, Chairman of AB Bank Shariah Supervisory Committee.
Senior Management Team of the bank were also present at the occasion.