HPSM

Hire Purchase under Shirkatul Mielk (HPSM) Hire Purchase under Shirkatul Milk (HPSM) is a special type of contract; it is the combination of three separate contracts: Shirkat; Ijarah & Sale. Shirkatul Mielk:Shirkat refers to partnership. Shirkatul Mielk means share in ownership. When two or more persons supply equity, purchase an asset, own the same jointly,…

Bai-Muajjal

Bai-Muajjal Bai Al-Muajjal  is a contract between a Buyer and a Seller under which the Seller sells certain specific goods permissible under Islamic Shari‘ah and Law of the land to the Buyer at an agreed fixed price payable at a certain fixed future date or within a fixed period in lump sum or by fixed instalments. The…

Mudaraba Hajj Deposit Scheme

Mudaraba Hajj Deposit Scheme Any Muslim intending to perform Hajj by building-up deposit in Hajj Saving Account required for meeting Hajj expenses will select one from the alternative choices based on duration of period from 3 year to 10 years for building up savings by monthly installments Required Documents Complete account opening form 02 copies…

Mudaraba Deposit Pension Scheme

Mudaraba Deposit Pension Scheme Mudaraba Deposit Pension Scheme of 3-year to 10-year term may be opened for monthly deposits of Tk. 1000.00 and Multiple of thousand up to Tk. 20,000.00 only. After maturity of the account, the account holder will be paid his deposited amount with profit earned at that time. Required Documents Complete account…

Mudaraba Term Deposit

Mudaraba Term Deposit Mudaraba Term Deposit Receipt (MTDR) is a profit bearing account which offers returns by depositing money for fixed period of time based on Mudaraba concept. These deposits are repayable subject to a period of notice and hence known as time deposits or time liabilities meaning thereby that these are withdraw able subject…

Double Money Deposit Scheme

Double Money Deposit Scheme Deposit Double Scheme (DDS) of Aviva Finance entitles to double the initial one time deposit in the shortest possible time frame. The objective of the scheme is to provide maximum benefit to clients and help meet specific needs like education, marriage, etc. Given stiff competition and changing scenario of interest rate…

Cumulative Term Deposits

Cumulative Term Deposits When you opt for the Cumulative Deposit with Aviva, the Scheme aims to increase your savings into a higher average rate of return. The interest will be accumulated with the principal amount at the end of each year resulting in profit calculation on a higher amount the next year. This is an…

Term Deposit

Term Deposit If you are looking for a simple, safe and convenient way to make your money grow, look no further. Term Deposits from Aviva Finance Ltd. provide attractive rates, security, convenience and flexibility. You can place Term Deposits with Aviva, for varying periods of time, 1, 3, 6, 12 or 18 months. Just choose…

Deposit Pension Scheme

Deposit Pension Scheme Savings for future is like a pension you earn over the span of your life. Little drops of savings every month can end up with a stream of relief and benefits after a few years. Aviva Finance DPS is inspired to build up a big sum on small regular deposits. It offers…