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Bai Bithaman Ajil Concepts |
An Investment product that offers pre-agreed profit (returned on investment through a short and long term investment plan.  Profit Profit is paid upon maturity date. No profit is given if the investment is uplifted in less than 1 Month. Upon pre-termination, profit payable is within the discretion of the Bank.
Minimum Deposits and Period B$5,000.00 for 1 month B$1000.00 minimum investment amount for 3, 6, 9, 12, 18, 24 and 36 months.
Eligibility Brunei Citizen and Permanent Residents Sole-Proprietor, Partnership, Private Limited, Societies/ Clubs and Government Departments, Foreigners (with work permit) Incorporated and unincorporated companies must be registered in Brunei Children below the age of 16, account will be jointly opened with one of Me parents w guardians.
Required Documentations Joint Account Personal Account Company Unincorporated Companies 2. Mudharabah Concept Al Mudharabah Investment Account is a partnership agreement that allows bibd to manage your funds whereby profit will be paid based on a pre-agreed ratio. Profit Profit rate is declared every 16th of the month or the next working day if 16th is a public hollday or a Sunday. Profit is paid on the Maturity date. Upon maturity, the depositor has the option to either withdraw both the principal and the profit or withdraw the profit only. profit will not be given if the investment is terminated in less than a month.
Minimum Deposit and Period $1,000.00 minimum investment For the period 1,3,6, 9 and 12 months
Eligibility Brunei citizen and Permanent Residents Open for soles Proprietors, partnership, private Limited, Societies/Clubs and Government Departments. Incorporated and unincorporated companies must be registered in Brunei. Children below 16 years old, the account must be opened Jointly with one of the parents or guardians
Required Documentations Joint Account Personal Account Company Unincorporated Companies *Bank’s terms and conditions apply
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