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.

Shariah Concept

  • Zakat

    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 »

Eligibility

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.