Overview
A Shariah-compliant everyday account with no minimum or maximum balance, built for smooth daily transactions and simple access. Open with a small initial deposit and get seamless digital and branch banking, plus added protection when you keep a modest average balance.
What you get
- No min/max balance requirement.
- Initial deposit: PKR 1,000.
- VISA Debit/ATM Card (global acceptance).
- Free first chequebook.
- SMS alerts on every transaction.
- Complimentary statement every 6 months.
- Takaful coverage up to PKR 2,000,000 on maintaining PKR 10,000 average monthly balance.
- Access to Preferred Banking services on PKR 1,000,000 average monthly balance or equivalent FCY deposits.
- Shariah basis: Qard.
Features & Benefits
Balance & Access
Enjoy global VISA Debit/ATM acceptance with no balance limits.
Digital & Payments
Access free online banking, e-statements, and chequebook.
Alerts & Reporting
Stay updated with SMS alerts and complimentary statements.
Protection & Privileges
Get Takaful coverage and exclusive Preferred Banking benefits.
Shariah Structure
Account operates on the Islamic principle of Qard.
How To Open
01
Initiate Application
Provide your details and select desired banking options
available.
02
Provide Documents
Upload copies of your identity and other required documents.
03
Review Process
Allow the bank to verify and process your application.
Account Activation
Receive confirmation of account activation and start banking!
Required Documents
- Valid CNIC / NICOP / SNIC.
- Filled Account Opening Form & Specimen Signature.
- Source of income declaration (as applicable).
- Proof of address (if requested by the bank).
Important Documents
Compare Account
| Features | Islamic Current Account |
|
|---|---|---|
|
Currency
|
PKR
|
— |
|
Initial Deposit to Open
|
PKR 100/-
|
— |
|
Minimum Balance to Keep
|
-
|
— |
|
Account Maintenance Fee
|
-
|
— |
|
Indicative Profit
|
-
|
— |
|
Profit Payment Frequency
|
-
|
— |
|
Debit Card
|
Yes -
Charged
|
— |
|
Cheque Book
|
First Cheque book free, subsequent
cheque books PKR 22.5/- Per leaf
|
— |
|
SMS Alerts
|
PKR 250/- Per Month
|
— |
|
E-Statement
|
Yes
|
— |
|
Bankers Cheque
|
PKR 450/-
|
— |
|
Clearing
|
Intercity - 350 Per Cheque, Same Day - PKR 600/- Per
instrument
|
— |
|
Account Limits
|
No Limits
|
— |
|
IBFT
|
Free up to minimum aggregate
sending
limit of PKR 25,000/- per month per account, After
exhaustion of
monthly limit or for amount exceeding aggregate of monthly
PKR
25,000/-; 0.1 % of the transaction amount or PKR 200/-
(whichever is lower) will be charged.
|
— |
| Open An Account | — |