Foreign investors required to fill up a Customer Account Information Form with ISLAMI BANK SECURITIES LIMITED. The form is different for individual investors and institutional investors. Foreign investors need to send the form (hard copy) to the brokerage house, duly filled and signed by authorized personnel. They also need to attach photocopy of other required documents (hard copy), stated below:
For individual investors:
(All the above documents have to be attested by either Bangladesh Embassy or notarized in respective country)
For institutional investors:
B/O Account Opening:
For BO account opening, foreign investors need to open a Custodian Account with any custodian bank in Bangladesh. Islami Bank Bangladesh Limited is currently providing Shariah based custodian services to investors. Together with BO account opening, the custodian bank will take care of other account opening, such as Cash Account (or NITA A/C) and F/C Account.