Bank Asia provides record profit
Thursday, 7 October 2010
FE Report
Bank Asia Ltd under its Income Sharing Ratio (ISR), a monthly profit allocation module, provided record profit on Mudaraba deposit recently.
Profit for Mudaraba deposit for the terms of one-year, six-month and three-month emerged at the rate of 10.12 per cent, 9.99 per cent and 9.87 per cent respectively.
The highest profit made a ratio of 90:10 which stood 11.38 per cent for Mudaraba Hajj Savings Scheme, said a press release.
Bank Asia Ltd under its Income Sharing Ratio (ISR), a monthly profit allocation module, provided record profit on Mudaraba deposit recently.
Profit for Mudaraba deposit for the terms of one-year, six-month and three-month emerged at the rate of 10.12 per cent, 9.99 per cent and 9.87 per cent respectively.
The highest profit made a ratio of 90:10 which stood 11.38 per cent for Mudaraba Hajj Savings Scheme, said a press release.