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Overview

The Islamic Premier Fixed Deposit Account offers a range of products to help you maximize your savings while keeping them Shariah-compliant. From the Premium Term Deposit and Mahana Munafa Certificates to Recurring Value Deposits and Musharakah Term Deposits (FCY), you can choose options that suit your investment goals with profits paid monthly, semi-annually, or at maturity.

What you get

  • High returns with daily profit calculation on multiple tenures
  • Choice of local and foreign currency deposits
  • Flexible plans including monthly profit payouts and recurring deposits
  • Comprehensive waivers on banking services for qualifying balances

Features

Diverse Product Suite

Choose from 6+ deposit options including FCY Musharakah deposits.

Flexible Tenures

Monthly, quarterly, semi-annual, and maturity-based payouts.

Enhanced Benefits

Free remittances, cheque services, and locker access for high balances.

Shariah-Compliant Growth

Riba-free, halal returns tailored for individuals and businesses.

Documents Required

  • CNIC/Smart CNIC
  • Proof of income or source of funds
  • FATCA/CRS declaration (if FCY account)

How to Open

Visit your nearest Bank Alfalah branch.