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Bank Accounts

Current Accounts

Regular Current Account

Offered on the basis of Qardh, these accounts do not offer profit but provide unlimited transactions. Zakat is not applicable

Foreign Currency Current Account

Similar to the regular current account, offered on the basis of Qardh with no profit, but with services equivalent to those offered to other account holders.

Remunerating Current Account

A specialized business account based on Mudarabah, offering nominal profit and various services like free Cheque Books and Pay Orders. Zakat is applicable due to its savings nature.


Savings Accounts

Offered by all banks on the basis of Mudarabah, where customers invest as Rab-ul-Maal and banks manage funds as Mudarib. Profit-sharing ratios and weightages are issued before the start of each month.

Banks

Banks On Board At Islamic Banking Industry Of Pakistan