DMD Circular No. 04/2026: Regarding Sukuk Investor ID Opening and Determination of Fees/Charges for Investment Services in SSM

Code: 1119

Bangladesh Bank (Central Bank of Bangladesh) Head Office Motijheel, Dhaka-1000 Bangladesh.

Data Management Department

21 Baisakh 1433 Date: ---------------- 04 May, 2026

DMD Circular No.: 04/2026

Managing Directors/Chief Executive Officers All Scheduled Banks and Finance Companies operating in Bangladesh.

Dear Sir,

Regarding Opening of Sukuk Investor (SI) ID for Investment in Bangladesh Government Investment Sukuk and Determination of Fees/Charges for Investment Services.

To facilitate the investment process in Shariah-based Government Securities (Bangladesh Government Investment Sukuk), Bangladesh Bank is issuing the following instructions regarding the application form for opening a Sukuk Investor (SI) ID, the list of required documents, and the SIID opening process in the Shariah Securities Module (SSM):

a) In accordance with the instructions of DMD Circular No. 04 dated 21/07/2020, the 'Government Securities Investment Window' established in banks/Islamic banks or windows/finance companies shall collect the necessary documents (Appendix-B) for opening an SIID based on the investor's application;

b) After verifying the aforementioned documents, necessary arrangements shall be made to open the SIID in the SSM based on the application form (Appendix-A) submitted by the investor;

c) The relevant banks/Islamic banks or windows/finance companies shall retain the SIID opening-related documents along with the investor's application under the 'Government Securities Investment Window';

d) The relevant bank/Islamic bank or window/finance company shall be responsible for verifying the accuracy of the documents submitted by the investor. Bangladesh Bank may, where necessary, instruct the bank/Islamic bank or window/finance company to provide the aforementioned documents and may conduct inspection activities to verify the documents.

2. Furthermore, considering the interests of customer service-providing banks/Islamic banks or windows/finance companies and investors related to Sukuk investment, the applicable fees/charges (Appendix-C) for providing various related services have been determined by this department. No fees/charges of any kind shall be levied for providing other related services (such as profit/rent/principal repayment, allotment/holding reports, SIID mortgaging, etc.) beyond those mentioned in Appendix-C.

3. This instruction shall take effect immediately.

Yours faithfully,

(Intekmal Hossain) Director (DMD) Phone: 9530131

Enclosure: As per description.

Phone: 88-02-9550448, 9554896, IP: 88-02-55665001-6, Fax: 88-02-9530479, Web: www.bb.org.bd

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(Appendix-A) Form-1

SI (SUKUK INVESTOR) ID OPENING FORM (INDIVIDUAL INVESTOR)

Please complete all details in BLOCK Letters. Fill all names correctly and mark (v) the relevant fields. All Communication shall be sent only to the First Named Account Holder's correspondence address.

SIID (to be filled by Bank) : [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] Date : DD/MM/YYYY

1. SI Type : [ ] Individual

2. Residency of the Applicant: [ ] Resident [ ] Non-Resident

3. Applicant's Type: [ ] Single Applicant [ ] Joint Applicant

4. Applicant's Detail Information:

	Applicant 1	Applicant 2 (if any)
Name :		Name :
DOB :	DD/MM/YYYY	DOB :
NID/Passport No. :		NID/Passport No. :
Phone/Mobile No. :		Phone/Mobile No. :
Gender :	[ ] Male [ ] Female [ ] Other	Gender :
Present Address :		Present Address :
Occupation :		Occupation :
e-TIN (if any) :		e-TIN (if any) :
E-mail :		E-mail :

5. Bank Account Details : Bank Name : Account Number : Routing Number : Branch Name : Account Type :

6. Nominee Information : (I/we authorize the following person(s) as nominee(s) to receive/draw the amount in my/our account in the event of my/our death.)

Name	NID/Passport/ Birth Certificate	Address	Relation	DOB	Percentage
				DD/MM/YYYY

7. Photo & Signature of the Applicant & Nominee :

Applicant/Nominee	Name	Signature
Applicant 1
Applicant 2 (if any)
Nominee

8. Special Instruction on Operation of Account (If Applicable) : [ ] Either or Survivor [ ] Anyone can Operate [ ] Jointly Operate [ ] Any Two will Operate [ ] Only by ....................................................

** I/we hereby declare that all information given above are valid.

Authorized Signature (Bank Official) | Authorized Signature (Bank Official)

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(Appendix-A) Form-2

SI (SUKUK INVESTOR) ID OPENING FORM (NON-INDIVIDUAL/INSTITUTIONAL INVESTOR)

Please complete all details in BLOCK Letters. Fill all names correctly and mark (v) the relevant fields. All Communication shall be sent only to the First Named Account Holder's correspondence address.

SIID (to be filled by Bank) : [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] Date : DD/MM/YYYY

1. SI Type : [ ] Conventional Bank [ ] Corporate Bodies [ ] Deposit Insurance [ ] Finance Company [ ] General Insurance Company [ ] Gratuity Fund [ ] Investment Company [ ] Islamic Branch/Window of Conventional Bank [ ] Life Insurance Company [ ] Mutual Fund [ ] Other [ ] Provident Fund [ ] Shariah Based Bank [ ] Shariah Based Finance Company [ ] Shariah Based Insurance Company (General) [ ] Shariah Based Insurance Company (Life)

2. Residency of the Applicant: [ ] Resident [ ] Non-Resident

3. Contact Information: Name of the Applicant : Present Business Address : Phone/Mobile No. : Permanent Address : E-mail :

4. Applicant's Detail Information: Type of Applicant: [ ] Limited Company [ ] Partnership [ ] Pension/Provident/Gratuity/Mutual Fund [ ] Other [ ] Proprietorship Trade License /Registration Number : e-TIN (if any) :

5. Bank Account Details : Bank Name : Account Number : Routing Number : Branch Name : Account Type :

6. Signatory Details :

Name	Designation & Department	Personal Details
		NID/Passport:
		Phone/Mobile :
		NID/Passport:
		Phone/Mobile :
		NID/Passport:
		Phone/Mobile :

7. Photo & Signature : Name of Applicant/Authorized Signatory | Signature (official seal is mandatory for signatory)

8. Special Instruction on Operation of Account : Account will be operated by .................................................... ** I/we hereby declare that all information given above are valid.

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(Appendix-B)

Documents required for opening a SIID

For Banks/FCs/Limited Company:

1. Application Form
2. Bank Account Details/DAB Account Details (for Banks/FCs)
3. Certificate of Incorporation
4. Certificate of Commencement (if applicable)
5. License From the Respective Authority (if applicable)
6. Memorandum/Articles of Association
7. Board Resolution
8. e-TIN
9. Registered Address
10. Contact Details of Relevant Personnel
11. Photo and NID of the authorized signatory (s)

For Pension/Provident/Gratuity/Mutual Fund:

1. Application Form
2. Bank Account Details
3. Registration/ Approval Certificate
4. Deed of Trust (if applicable)
5. Resolution/Meeting Minutes of Board of Trustees
6. NBR's Certificate (if applicable)
7. Contact details of Authorized Signatory
8. Photo and NID of the authorized signatory (s)

For Sole Proprietorship (SP)/Partnership Business:

1. Application Form
2. Bank Account Details
3. Trade License
4. Partnership Deed (for Partnership Business)
5. e-TIN
6. NID of proprietor/partners
7. Contact details of proprietor/partners
8. Photo and Information of the Nominee(s) (for SP)
9. NID/Passport of the Nominee(s) (for SP)

For Individuals:

1. Application Form
2. Bank Account Details
3. NID/ Passport
4. Photo
5. e-TIN (if applicable)
6. Contact details
7. Photo and Information of the Nominee(s)
8. NID/Passport/Birth Certificate of the Nominee(s)

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Foreign/Non-Resident Individuals:

1. Application Form
2. Bank Details for Investor's NFCA/NITA account
3. Photo and Passport
4. TIN/Tax Certificate/Related Certificate (if applicable)
5. Contact details
6. Photo and Passport/ID/Birth Certificate of the Nominee(s)

Foreign/Non-Resident Institutions:

1. Application Form
2. Bank Details for Investor's NFCA/NITA account
3. Certificate of Incorporation or Relevant Document
4. Memorandum/Articles of Association (if applicable)
5. Partnership Deed (for Partnership Business) (if applicable)
6. Resolution/ Meeting Minutes of Board of Trustees (if applicable)
7. TIN/Tax Certificate/Related Certificate (if applicable)
8. Registered Address
9. Contact Details of Relevant Personnel (Official of the Custodian Bank)
10. Photo and NID of the authorized signatory (s) (Official of the Custodian Bank)

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(Appendix-C)

List of Fees/Charges for Investment Services Related to Bangladesh Government Investment Sukuk.

Serial No.	Type of Service	Amount of Fee/Charge (VAT Included) (in BDT)
		Individual Investment
1.	Opening of SIID
2.	Participation in Primary Auction (per successful bid)	Up to 200/-
3.	Annual SIID Maintenance
4.	Secondary Transaction/Transfer	100/- per transaction
5.	Income Tax Certificate	One certificate free annually, up to 200/- for each subsequent additional certificate

No fees/charges of any kind shall be levied for providing other related services (such as profit/rent/principal repayment, allotment/holding reports, SIID mortgaging, etc.) beyond those mentioned above.