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Alfa Islamic Current Account

Bank Alfalah brings you the Alfa Islamic Current Account—a digital-only, Shariah-compliant account designed for your daily financial needs. With instant account opening and seamless access via the Alfa App, you can enjoy multiple day-to-day transactions securely and conveniently.

 

Why Choose Alfa Islamic Current Account?

  • Instant Account Opening – Open your account digitally in just minutes.

  • Swift & Secure – Bank with confidence through safe digital transactions.

  • Convenient – Access your funds anytime, anywhere, without visiting a branch.

  • No Minimum Balance – Manage your money freely, without restrictions.

  • Debit Card Access – Get 24/7 access to your funds with an Islamic Debit Card.

 

How to Open an Alfa Islamic Current Account?

  1. Download Alfa App

Go to “Open New Account” > Select “Open Wallet Account” > Choose “Islamic Wallet” > Choose “Current Account.”

  1. Enter Required Details

    • CNIC

    • Mobile Number

    • CNIC Issuance Date

    • Place of Birth

    • City of Stay

    • Father’s Name

    • Mother’s Maiden Name

  2. Deposit Funds
    Add money into your Alfa Islamic Current Account via:

    • Online funds transfer

    • Bank Alfalah branch

    • Cash Deposit Machine (CDM)

    • Agent Shop

Terms & Conditions Apply

 

Product Features

  • Real-time account opening

  • Multiple digital transactions including bills, top-ups, and transfers

  • No minimum balance requirement

  • Debit card for 24/7 access

 

Transaction Offerings

With Alfa Islamic Current Account, you can:

  • Wallet to Wallet Funds Transfer (Incoming & Outgoing)

  • Interbank Funds Transfer (IBFT – Incoming & Outgoing)

  • Mobile Top-ups

  • Online Shopping

  • Utility Bill Payments

  • Donation Payments

  • QR Payments

  • School Fee Payments

 

Daily Monthly & Yearly Transaction Limits

Transact within the following daily, monthly and yearly limits.
Visit any Bank Alfalah Branch for Biometric verification to enjoy higher transaction limits.

 

Mobile Account level

Transaction limits (Debit & Credit each)

Daily

Monthly

Yearly

Max Balance

Level 0

PKR 25,000

PKR 50,000

PKR 200,000

PKR 200,000

Level 1

PKR 50,000

PKR 200,000

PKR 2,400,000

PKR 2,400,000


Start enjoying the conveniences of Alfa Current Islamic account today and remain compliant with your principles and your needs.

 

Shariah Compliance

  • Based on the concept of Qard (interest-free loan).
  • Charges apply as per prevailing Schedule of Charges (SOC).

 

Start Your Journey Today

Enjoy the convenience of modern banking with the peace of Shariah compliance.
Download the Alfa App now and open your Alfa Islamic Current Account instantly.

 

Need Help?

  • Visit our FAQs
  • Email us: contactus@bankalfalah.com
  • Call our 24/7 helpline: +92 21 111 225 111
  • Or visit your nearest Bank Alfalah branch