Dhaka, July 22 -- Extending a helping hand to serve humanity is one of the noblest responsibilities in human life. Islami Bank Bangladesh PLC offers the Mudaraba Waqf Cash Deposit Account (MWCDA), a simple form of Sadaqah Jariyah (continuous charity) to inspire affluent members of society to fulfil this duty. In this voluntary account of a permanent nature, the principal amount remains preserved and the income generated is utilised for the welfare of humanity. Essentially, the funds donated by wealthy and well-off individuals through this account are invested in Shariah-compliant profitable sectors and the resulting profits are spent on various welfare-oriented initiatives.

Applicants can open the account with a minimum deposit of Tk 1,0...