Institutions under the categories of Clubs, Societies, Charities and Associations are eligible to open accounts under Al Masraful Islamiu

Must be a resident in the jurisdiction with a good character, aged 18 years more.

1. Documents required to open an account

Resolution to open accounts.

Certified copy of the minutes of the meeting at which office bearers were elected

2. Minimum average balance requirement:

Minimum average balance to be eligible for interest Rs. 2000/-