Higher Shariah-compliant Profits with Fixed-term Savings
AL Habib Islamic Mahana Munafa Term Deposit offers superior Shariah-compliant profits compared to regular savings accounts.
Apply Now- Based on the Islamic Principles of Mudarabah
- Available in tenures of one and three years
- Mahana Munafa Account can be opened with PKR 25,000/-
- Profit will be paid on monthly basis
- Early encashment is allowed as per applicable Terms & Conditions
- Withholding Tax on profits and Zakat will be applicable as per laws
- Deposit may be provided as security for allowing limits under Shariah Compliant modes of Finance
* Customer can avail free services and PayPak Debit card on the condition of maintaining a minimum monthly average balance of PKR 25,000/-, However, you can also opt for a Visa or UnionPay card charges will be applicable as per prevailing Schedule of Bank Charges.
Free Life and Disability Takaful Cover
It gives us great pleasure to inform our valued customers that Bank AL Habib has arranged Absolutely Free Takaful Cover to our current account holders. Salient features of this takaful policy are as under:
- New accounts eligible after 30 continuous days of opening of account.
- Claims payable on the basis of 90 days of average balance in customer account
- Maximum claim payable on Natural Death / Permanent Disability - PKR 2 Million
- Maximum claim payable on Accidental Death - PKR 4 Million
- In case of joint account, any one of the account holders will be covered
- Admissible age limit of claim - 18 to 60 years
The takaful cover is provided to the extent of average balance maintained in the account during last 90 days in case of Natural death and Permanent Disability, whereas in case of Accidental Death the coverage provided is double.
We are offering this service to our valued customers as a token of appreciation of their trust and confidence placed in us.
How To Book Your Islamic Mahana Munafa
Visit the nearest Bank AL Habib Branch or Download Account Opening form online and submit the duly completed form with all supporting documents at any Bank AL Habib Branch.
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