AB BANK LAUNCHES ISLAMIC BANKING DEPOSIT PRODUCTS

FE Team | Published: May 26, 2025 23:07:30

AB Bank recently launched three new Shariah-compliant deposit products. AB Maahir offers higher quarterly profits than general Mudarabah savings accounts with a minimum balance of Tk 5,000. AB Islamic DPS is a monthly installment-based deposit plan with tenure up to 20 years and includes free Takaful insurance coverage up to Tk 5 million. AB Hajj Deposit Scheme helps customers set aside money for Hajj with flexible tenures of 1 to 20 years with competitive half-yearly profits. Syed Mizanur Rahman, managing director & CEO of AB Bank, inaugurated the launching ceremony.