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Mercantile Bank Islamic Banking
Alhamdulillah, Mercantile Bank Limited started ‚ÄėIslamic Banking Window Operation‚Äô with the aim to serve the customers who prefer Islamic Shariah based Banking and committed to Islamic lifestyles. The brand name of Mercantile Bank Islamic Banking is 'Taqwa'. . In Mercantile Bank, it will be window operation at the branches. Islamic Banking operations will be operated parallel, with the Conventional Banking in the branches.
In this connection, the Shari'ah Council has been constructed. Mercantile Bank provides this service by separate Islamic Banking software. For distributing profit among the Mudaraba Depositors, the profit will be calculated on the basis of weightage as fixed by the management of the Bank.
Initially Islamic Banking will be operated in the following 10 (ten) selected branches and gradually, it will be extended to all over the country through MBL's Branch network-
Main Branch
Mia Amanullah Bhaban, 63, Dilkusha C/A, Dhaka-1000.
HOB: 02-9571618 (D), 9559333 Ext-107
Head of IBW: 01708-515519
Dhanmondi Branch
Sima Blossom (1st Floor), House no. 390 (Old), 3 (New), Road no. 27 (Old), 16 (New), Dhanmondi R/A, Dhaka-1209.
HOB: 02-9130500, 9142691 Ext-101
HOB: 01711-546396
Head of IBW: 01730-076102
Uttara Branch
House-10 (A), Road-7/D, Sector-9, Uttara Model Town, Uttara, Dhaka -1230.
HOB: 02-8931729, 48958177, Ext-101 HOB: 01787-681253
Head of IBW: 01711-830972
Agrabad Branch
Mishkat Arcade, 21/1, Agrabad C/A Chattogram.
HOB: 031-716459 (D), 716421, 721772 Ext-102 HOB: 01713-491779
Head of IBW: 01817-208622
Barishal Branch
141, Sadar Road, Barishal-8200.
HOB: 0431-2176208, 2176209 Ext-101 HOB: 01713-386897
Head of IBW: 01712-588299
Feni Branch
105, S.S. Kaiser Road, PO: Feni Head Post Office, PS: Feni Model Thana, Dist-Feni.
HOB: 0331-63558, 63559 Ext-101
Head of IBW: 01819-485857
Chowmuhani Branch
Morshed Alam Complex (2nd Floor), Rail gate, Holding # 0001-01, Ward # 05, Chowmuhani, Begumganj, Noakhali.
HOB: 0321-52960 Ext-101
HOB: 01713-036991
Head of IBW: 01776-906793
Bangla Bazar Branch
Banglabazar, Begumganj, Noakhali.
HOB: 0321-56631, 53305 Ext-101
HOB: 01730-709987
Head of IBW: 01709-639923
Faridganj Branch
Saima Abdullah Plaza, Chandra Road, Faridganj Bazar, Chandpur.
HOB: 08422-64377, 64378 Ext. 101
HOB: 01812-314077
Head of IBW: 01672-780547
Damudya Branch
Synthia Plaza, 318 Main Road, Damudya Bazar P.O. & P.S.- Damudya, Dist-Shariatpur.
HOB: 06023-56204 Ext. 101
HOB: 01755-533146
Head of IBW: 01711-009038
Deposit Products and Schemes-
Al-Wadiah Current Account
Mudaraba Savings Account
Mudaraba Special Notice Deposit Account
Mudaraba Term Deposit Account
Mudaraba Masik Sanchaya Prokolpo
Mudaraba Masik Munafa Amanat Prokolpo
Mudaraba Digun Briddhi Amanat Prokolpo
Investment Products-
Hire Purchase Under Shirkatul Melk
Musharaka against IBP
Shariah Supervisory Committee
Shariah Supervisory Committee of Mercantile Bank consists of the following members-
01. Morshed Alam, MP Chairman, Board of Directors, Mercantile Bank Limited
02. Al-Haj Akram Hossain (Humayun) Vice Chairman, Board of Directors, Mercantile Bank Ltd.
03. A.K.M. Shaheed Reza Member, Board of Directors, Mercantile Bank Limited
04. M.A. Khan Belal Member, Board of Directors, Mercantile Bank Limited
05. Shah Mohammad Wali Ullah Imam & Khatib, Sobhanbag Masjid and Madrasa Complex
06. Md. Quamrul Islam Chowdhury MD & CEO, Mercantile Bank Limited
Current Deposit Account
Savings Bank Account
Special Notice Deposit Account
Fixed Deposit Account
Double Benefit Deposit Scheme
Monthly Benefit Scheme
Masik Shanchaya Prokolpo (MSP
Quarterly Benefit Deposit Scheme
School Banking
Super Benefit Deposit Scheme
Home Loan
Cottage Loan
Car Loan
Personal Loan
House Furnishing Loan
Doctor's Loan
Education Loan
Secured Over Draft (SOD)
Refinance Scheme for Green Product/Initiatives
Krishi / Polli Loan
Credit Cards
Platinum Card
Gold Card
Classic Card
Fees & Charges
Debit Cards
MBL VISA Debit Card