Syariah Concept
Al-Wadiah Yad Dhamanah (Guaranteed Safe Custody)
Type of Account
- Individual
- Singular Account
- Trustee Account
Eligibility
- 12 to 21 years of age
- Open to Muslims and Non-Muslims
- The parent(s) or guardian(s) hold(s) the minor’s account(s) on trust for trustee account type.
- Open to Bruneian citizens, permanent residents
- Minimum Initial Deposit of BND50
Methods of Deposit
- Cash Deposit
- Cheque Deposit
- Bank Standing Instruction
- Salary Deduction
Basic Documentation Requirement*
Identity Document
Benefits
- 24/7 Cash Deposit Machine (CDM).
- Transactional with limitation of withdrawal*
- Zakat Calculation and Payment
- Capital Protected Hibah (profits)* - Annual profit distributions
- 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. |
