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Al Arafah Islami Bank Dps Scheme

By Hafsa Binte Omar

Al-Arafah Islami Bank has been offering a Deposit Pension Scheme (DPS) for over 20 years. It is an attractive option for those looking to save money in a safe and secure way. The scheme allows its members to enjoy a regular income post-retirement, with the added benefit of tax-free dividends and capital gains.

Table Of Content:

1. Al-Arafah Islami Bank
Al-Arafah Islami BankEven an ITD can be opened on behalf of a minor! 1. This worthwhile scheme will make your deposit to grow in the following ratio: ...

2. Al-Arafah Islami Bank
Al-Arafah Islami BankA separate form has to be filled up to open Termed Hajj deposit. 1. Under this scheme one can open an account in the name of a minor or a child too.

3. Compare Monthly Savings of Tk. 1000 for 5 Years |
Dec 31, 2019 ... There are 32 banks found in database for monthly saving scheme of BDT ... Al- Arafah Islami Bank, ৳ 1,000.00, 5 Years, ৳ 71,753.00, AA2.

8. Interest Rate Banks (Deposit)
ANNOUNCED INTEREST RATE CHART Of The SCHEDULED BANKS ... AL- ARAFAH, 2.00, 2.50, 2.50, 2.50, 2.50, 2.50, 4.00, 4.25, 4.25, 4.25, 4.25. BANK ... ISLAMI, 2.00-5.20, 2.00, 2.00, 2.00, 2.00, 2.00, 4.30, 4.50-4.60, 4.60, 4.70, 4.80- 6.35.

  • Source: Google.
  • What are the advantages of investing in Al-Arafah's DPS?

    Al-Arafah's DPS provides investors with numerous advantages including regular income after retirement, tax-free dividends and capital gains, higher returns than traditional savings accounts, and more flexible withdrawal options.

    How much do I need to invest in the DPS?

    You can start investing in the DPS with as little as Tk 500 and there is no upper limit on how much you can invest.

    Are there any risks associated with investing in the DPS?

    As with any investment scheme, there are always risks associated with investing in the DPS. These include market risk, inflation rate risk and interest rate fluctuations. It is recommended that you consult a financial advisor before investing in any product or scheme.

    Are my investments insured under Al-Arafah’s DPS?

    Yes, your investments are insured under Al-Arafah’s DPS up to Tk 1million.

    Investing in Al-Arafah's Deposit Pension Scheme (DPS) offers numerous benefits including tax exemptions, higher returns than traditional savings accounts and more flexible withdrawal options. By keeping informed about market conditions and consulting a financial advisor before making any decisions regarding your investments, you can ensure your funds remain safe whilst getting higher returns on your investments too!


    Hafsa Binte Omar

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