Syariah Concept
Al-Wadiah Yad Dhamanah (Guaranteed Safe Custody)
Type of Account
Account Criteria
- Age from 0 - 12 years
- Open to Muslims and Non-Muslims
- The parent(s) or guardian(s) hold(s) the minor’s account(s) on trust.
- 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*
- Birth Certificate
- Identity Document of parent(s) or guardian(s)
Benefits
- 24/7 Cash Deposit Machine (CDM).
- Transactional with limitation of Withdrawal*
- Zakat Calculation and Payment
- Capital Protected
- Additional Special Bonus paid at interval of three years*
- Hibah (profits)* - Annual profits distribution
*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. |
