Features & Benefits
- Enjoy convenience in paying zakat on your deposits. Simply proceed to our Zakat counter and we will process your request accordingly.
- Zakat calculation is free of charge, and is based on a specified percentage.
Zakat refers to one of the five fundamental obligations of Islam, where one has to donate a certain proportion of wealth each year to charitable causes. It is a mandatory process for Muslims, used to physically and spiritually purify one's yearly earnings that are in excess of what is required to provide the essential needs of a person or family. Learn more »
Open only to Muslim customers who maintain a BIBD account
Fees and Requirements
For more details, please refer to the Bank's Schedule of Tariffs.