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Business - General Investment Account


Our General Investment Accounts are based on the Islamic Investment Concept otherwise known as Mudharaba or surplus sharing. We offer you extremely flexible investment durations of 3 months to 5 years. We do provide the opportunity to reinvest once the investment matures. This enables you to enjoy the benefits of your investment while maintaining compliance to the Shariah and convenient access to your funds anytime.


Benefits & Features

  • Shariah compliant, safe and convenient investment
  • Attractive Profit sharing ratios
  • Flexible Investment tenures from 3 months to 5 years
  • Option to reinvest upon maturity
  • Certificate based investment which is accepted as a pledge at MIB


Company / Local Investment Account

Company or Local Investment Accounts are provided under General Investment Accounts for businesses registered in Maldives, and can be opened as either a USD or MVR account. Application forms can be obtained from our branches and can also be downloaded from our website here. Along with the application form, applicants will be required to present the documents listed below. In order to open an account you must deposit a minimum of MVR 5,000 for MVR accounts or USD 500 for USD accounts.


Minimum initial deposit for Rufiyaa Account : MRF 5,000.00
Minimum initial deposit for USD Account : USD 500.00


Association / Club/ NGO Account

Accounts for associations, clubs or NGOs are provided for organizations registered in Maldives, and can be open as either a USD or MVR based General Investment Account. Application forms can be obtained from our branch and can be downloaded from this link. Along with the application form, applicants will be required to present the documents listed below. In order to open an account you must deposit a minimum of MVR 5,000 for MVR accounts or USD 500 for USD accounts.


Minimum initial deposit for Rufiyaa Account : MRF 5,000.00
Minimum initial deposit for USD Account : USD 500.00


Required documents for opening account.

Companies:

  • A certified copy of the Memorandum and Articles of Association.
  • Board Resolution for account opening.
  • A certified copy of the company's Registeration Certificate.
  • ID card original and copy of all authorized signatories.

Local Investment:

  • Original and a copy of ID Card of the owner.
  • Copy of the Local Investment Registeration.

Associations/ Clubs/ NGOs:

  • A certified copy of the registration.
  • Resolution for account opening.
  • Articles of association.
  • List of current board/ management committee members.