AB Bank launches three new Islamic deposit products | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Friday
June 13, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
FRIDAY, JUNE 13, 2025
AB Bank launches three new Islamic deposit products

Corporates

Press Release
26 May, 2025, 03:55 pm
Last modified: 26 May, 2025, 06:00 pm

Related News

  • AB Bank PLC signs agreement with Akij Takaful Life Insurance
  • AB Bank PLC elects new chairman
  • AB Bank participates in Banker- SME Women Entrepreneur Fair
  • AB Bank PLC elects new Chairman
  • AB Bank appoints new Managing Director and CEO

AB Bank launches three new Islamic deposit products

Press Release
26 May, 2025, 03:55 pm
Last modified: 26 May, 2025, 06:00 pm
AB Bank launches three new Islamic deposit products

AB Bank has expanded its Shariah-compliant banking portfolio with the launch of three new deposit products — AB Maahir, AB Islamic DPS, and AB Hajj Deposit Scheme.

The products were officially launched at a ceremony inaugurated by Syed Mizanur Rahman, Managing Director and CEO of AB Bank. The event was attended by Dr Hafiz Muztaba Riza Ahmed, Chairman of AB Bank Shariah Supervisory Committee, along with members of the bank's senior management.

AB Maahir is a savings product offering higher quarterly profits than general Mudarabah savings accounts, with a minimum balance requirement of Tk 5,000 and enhanced features tailored to meet the needs of customers seeking stable, Shariah-based returns.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

AB Islamic DPS is a monthly deposit plan with flexible tenures of up to 20 years. It includes complimentary Takaful insurance coverage of up to Tk 50 lakh, aiming to offer long-term financial security to depositors.

AB Hajj Deposit Scheme is designed to support customers in planning and saving for Hajj over flexible tenures ranging from 1 to 20 years. The scheme offers competitive half-yearly profits and attractive options for premature encashment.

The bank's leadership expressed confidence that these new products would enhance financial inclusion while meeting the growing demand for ethical and faith-based banking in Bangladesh.

AB Bank

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Israel strikes Iran nuclear facilities, missile factories
    Israel strikes Iran nuclear facilities, missile factories
  • Chief Adviser Muhammad Yunus speaks at the second round dialogue of the National Consensus Commission with political parties in Dhaka on 2 June 2025. Photo: CA Press Wing
    'People see government as the enemy': CA Yunus during interview with The Guardian
  • Infographics: TBS
    Lengthy legal road ahead to repatriate Saifuzzaman's wealth from UK

MOST VIEWED

  • Wreckage of a Boeing 787 Dreamliner showing part of its registration "VT-ANB" in Ahmedabad, India, June 12, 2025. REUTERS/Amit Dave
    Air India Dreamliner crashes into Ahmedabad college hostel, kills over 290
  • File Photo of Chief Adviser Muhammad Yunus: UNB
    Prof Yunus to receive Harmony Award from King Charles today
  • Bangladesh Bank Governor Ahsan H Mansur. TBS Sketch
    Bangladesh mulls settlements with tycoons over offshore wealth: BB governor tells FT
  • Railway seeks Tk2,000cr foreign loans to revive coach assembly, modernise workshops
    Railway seeks Tk2,000cr foreign loans to revive coach assembly, modernise workshops
  • UK Prime Minister Keir Starmer, Chief Adviser Muhammad Yunus
    Disclosure of unconfirmed Yunus-Starmer meeting shows ‘diplomatic imprudence’: Analysts
  • Brother sues Latifur's daughter, widow over alleged forgery to seize control of Transcom
    Brother sues Latifur's daughter, widow over alleged forgery to seize control of Transcom

Related News

  • AB Bank PLC signs agreement with Akij Takaful Life Insurance
  • AB Bank PLC elects new chairman
  • AB Bank participates in Banker- SME Women Entrepreneur Fair
  • AB Bank PLC elects new Chairman
  • AB Bank appoints new Managing Director and CEO

Features

Among pet birds in the country, lovebirds are the most common, and they are also the most numerous in the haat. Photo: Junayet Rashel

Where feathers meet fortune: How a small pigeon stall became Dhaka’s premiere bird market

1d | Panorama
Illustration: Duniya Jahan/ TBS

Forget Katy Perry, here’s Bangladesh’s Ruthba Yasmin shooting for the moon

2d | Features
File photo of Eid holidaymakers returning to the capital from their country homes/Rajib Dhar

Dhaka: The city we never want to return to, but always do

3d | Features
Photo collage shows political posters in Bagerhat. Photos: Jannatul Naym Pieal

From Sheikh Dynasty to sibling rivalry: Bagerhat signals a turning tide in local politics

5d | Bangladesh

More Videos from TBS

Banks' estimates were wrong: Bangladesh Bank spokesperson

Banks' estimates were wrong: Bangladesh Bank spokesperson

13h | Podcast
What exactly happened to the ill-fated Boeing aircraft?

What exactly happened to the ill-fated Boeing aircraft?

14h | TBS World
Govt to set up Debt Office as loan burden to hit Tk29 lakh cr by FY28

Govt to set up Debt Office as loan burden to hit Tk29 lakh cr by FY28

14h | TBS Insight
Curfew imposed for second night in Los Angeles

Curfew imposed for second night in Los Angeles

15h | TBS World
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net