1. Current month s IISR of each types of Mudarabah account holders 2. Actual profit rate of previous months (historical data), calculated on IISR
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1 Investment Income Sharing Ratio () as profit distribution mechanism City Manarah Islamic banking, The City Bank Limited declares Investment Income Sharing Ratio () between Bank as Mudarib and Customer as Saheeb Al Maal, which will be applicable on its Bangladesh Taka Manarah Savings Account, Manarah Short Notice Deposit Account, Manarah Term Deposit Account products, Manarah Monthly Benefit Scheme, Manarah Monthly Deposit Scheme and Manarah Hajj Deposit Scheme. What is : City Manarah does not offer provisional rate for any types of Mudarabah Accounts aforesaid. In any partnership business partners agree on a profit sharing ratio rather than a provisional or fixed return between them before entering into any agreement. Partners do not expect a fixed return where risk is associated in business. Similarly, when customers open a Mudarabah deposit account with Islamic bank and put some fund, it is considered as his investment into the partnership business with the bank. Customer and bank must agree on a pre agreed profit sharing ratio. rate will be determined every month-end according to the actual return from investment. Hence, there is no need for provisional rate or fixed rate, as calculation of profit is done monthly. This method of Mudarabah profit distribution is known as Investment Income Sharing Ratio (). City Manarah Islamic banking is using to determine the actual rate of the depositors of different tenor and schemes. The s are used to calculate the profit rate of customers investment for each month based on actual investment income for that month. For more information, you are requested to please contact our Islamic Banking Branch at , , and We are always committed to uphold Shariah values in banking. In the following tables we offer: 1. Current month s of each types of Mudarabah account holders 2. profit rate of previous months (historical data), calculated on for each Category: Announcement Current month s of each types of Mudarabah account holders Name of the deposit product Customer s share Bank s share Manarah Savings A/C 25% 75% Manarah Short Notice Deposit 22% 78% Manarah Term Deposit Receipt 1 Month 40% 60% Manarah Term Deposit Receipt 3 Month 71% 29% Manarah Term Deposit Receipt 6 Month 85% 15% Manarah Term Deposit Receipt 12 Month 73% 27% Manarah Term Deposit Receipt 24/36 Month 52% 48% Manarah Monthly Benefit Scheme 12/24/36 Month 70% 30% Manarah Monthly Deposit Scheme 3/5/7/10 years 57% 43% Manarah Hajj Deposit Scheme 60% 40% Note: effective from 5 th June 2018
2 profit rates for the month of January 2018 Deposit Products January 2018 Manarah Savings Deposits % 1.53 Manarah Short Notice Deposits % 1.35 Manarah Term Deposits 1 Month % 2.45 Manarah Term Deposits 3 Month % 4.35 Manarah Term Deposits 6 Month % 4.47 Manarah Term Deposits 12 Month % 4.47 Manarah Term Deposits 24/36 Month % 3.18 Manarah Monthly Benefit Scheme 12/24/36 Months % 4.29 Manarah Monthly Deposit Scheme 3/5/7/10 Years % 3.49 Manarah Hajj Deposits Scheme % 3.67 profit rates for the month of February 2018 Deposit Products February 2018 Manarah Savings Deposits % 1.70 Manarah Short Notice Deposits % 1.50 Manarah Term Deposits 1 Month % 2.73 Manarah Term Deposits 3 Month % 4.84 Manarah Term Deposits 6 Month % 4.98 Manarah Term Deposits 12 Month % 4.98 Manarah Term Deposits 24/36 Month % 3.55 Manarah Monthly Benefit Scheme 12/24/36 Months % 4.77 Manarah Monthly Deposit Scheme 3/5/7/10 Years % 3.89 Manarah Hajj Deposits Scheme % 4.09
3 profit rates for the month of March 2018 Deposit Products March 2018 Manarah Savings Deposits % 1.61 Manarah Short Notice Deposits % 1.42 Manarah Term Deposits 1 Month % 2.58 Manarah Term Deposits 3 Month % 4.58 Manarah Term Deposits 6 Month % 4.71 Manarah Term Deposits 12 Month % 4.71 Manarah Term Deposits 24/36 Month % 3.35 Manarah Monthly Benefit Scheme 12/24/36 Months % 4.51 Manarah Monthly Deposit Scheme 3/5/7/10 Years % 3.67 Manarah Hajj Deposits Scheme % 3.87 profit rates for the month of April 2018 Deposit Products April 2018 Manarah Savings Deposits % 1.49 Manarah Short Notice Deposits % 1.31 Manarah Term Deposits 1 Month % 2.38 Manarah Term Deposits 3 Month % 4.23 Manarah Term Deposits 6 Month % 4.35 Manarah Term Deposits 12 Month % 4.35 Manarah Term Deposits 24/36 Month % 3.10 Manarah Monthly Benefit Scheme 12/24/36 Months % 4.17 Manarah Monthly Deposit Scheme 3/5/7/10 Years % 3.40 Manarah Hajj Deposits Scheme % 3.58
4 profit rates for the month of May 2018 Deposit Products May 2018 Manarah Savings Deposits % 1.39 Manarah Short Notice Deposits % 1.23 Manarah Term Deposits 1 Month % 2.23 Manarah Term Deposits 3 Month % 3.96 Manarah Term Deposits 6 Month % 4.07 Manarah Term Deposits 12 Month % 4.07 Manarah Term Deposits 24/36 Month % 2.90 Manarah Monthly Benefit Scheme 12/24/36 Months % 3.90 Manarah Monthly Deposit Scheme 3/5/7/10 Years % 3.18 Manarah Hajj Deposits Scheme % 3.35 profit rates for the month of June 2018 Deposit Products June 2018 Manarah Savings Deposits % 1.78 Manarah Short Notice Deposits % 1.57 Manarah Term Deposits 1 Month % 2.85 Manarah Term Deposits 3 Month % 5.06 Manarah Term Deposits 6 Month % 6.06 Manarah Term Deposits 12 Month % 5.20 Manarah Term Deposits 24/36 Month % 3.70 Manarah Monthly Benefit Scheme 12/24/36 Months % 4.99 Manarah Monthly Deposit Scheme 3/5/7/10 Years % 4.06 Manarah Hajj Deposits Scheme % 4.27
5 profit rates for the month of July 2018 Deposit Products July 2018 Manarah Savings Deposits % 1.65 Manarah Short Notice Deposits % 1.46 Manarah Term Deposits 1 Month % 2.65 Manarah Term Deposits 3 Month % 4.70 Manarah Term Deposits 6 Month % 5.63 Manarah Term Deposits 12 Month % 4.83 Manarah Term Deposits 24/36 Month % 3.44 Manarah Monthly Benefit Scheme 12/24/36 Months % 4.63 Manarah Monthly Deposit Scheme 3/5/7/10 Years % 3.77 Manarah Hajj Deposits Scheme % 3.97
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