Syariah Concept
Al-Wadiah Yad Ad Dhamanah (Guaranteed Safe Custody)
Type of Account
- Individual
- Singular Account
(Personal Account)
- Joint Account
- Trustee Account
- Non-Individual
(Business Account)
- Sole-proprietor
- Company
- Partnership
- Associations
- Societies
- Co-operative
Societies
- Clubs
- Government
- Schools
- NGOs
Eligibility
- No age restriction
- Open to Muslims and
Non-Muslims
- Open to Bruneian
citizens, permanent
residents and expatriate*
- Non-individual type *
- Minimum Initial Deposit
of BND50 for Individual type
of account.
- Minimum Initial Deposit
of BND1000 for
Non-Individual type of
account.
Methods of Deposit
- Cash Deposit
- Cheque Deposit
- Bank Standing
Instruction
- Assignment of Salary and
Allowance.
- Salary Deduction
Basic Documentation
Requirement*
- Individual
- Identity Document
- Original Birth Certificate
(age 12 below)
- Non-individual*
Benefits
- TAIB Card*
- Cash withdrawal not
exceeding B$2,000.00
- Bill payment
services
- Balance enquiry
- Request of Accounts
statement
- Internal fund
transfer
- 24/7 ATM facilities.
- Transactional
- Zakat Calculation and
Payment
- Capital Protected
- Hibah (profits)* -
Annual profits distribution
- SMS
*Terms and Conditions
Subject to terms and conditions.
TAIB reserves the right to
review and change the above
features and benefits at its
discretion from time to time.
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