Deposit Details
Mudaraba Term Deposit Receipt (MTDR)
Invest a fixed amount for a selected period through FCA's Shariah-compliant Mudaraba Term Deposit Receipt with clear tenure guidance.
Product Overview
A fixed-term deposit option with clear guidance
Mudaraba Term Deposit Receipt (MTDR) is designed for members who want to place a fixed amount for a selected period under Shariah-compliant Mudaraba principles.
The product focuses on clear tenure selection, documentation support, and transparent communication so members can understand the process before enrollment.
Quick Facts
Product Terms
Mudaraba Term Deposit Account (MTDR)
Review eligibility, tenure, provisional profit rates and encashment conditions.
Eligibility & Tenure
Who can open an MTDR?
- Must be a Member or Investor of FCA
- Must be above 18 years old
Tenure
MTDR tenure will be from 1 to 3 years.
Provisional Profit Rates
Profit rate by deposit amount and tenure
| Deposit Amount | 1-Year Tenure | 3-Year Tenure |
|---|---|---|
| Below Tk. 500,000 | 11% | 12% |
| Above Tk. 500,000 | 12% | 13.50% |
Profit Withdrawal
Profit may be withdrawn at the end of each year.
Premature Encashment
- If withdrawn before maturity, a savings profit rate of 5% will apply.
- No profit will be paid if withdrawn before 6 months.
