Meezan Bank is pleased to offer Riba-Free Dollar Saving Account, a foreign-currency based investment opportunity that is set up on the principles of Shariah and as a result is free from the element of interest.
With a minimum of only $100 you can open a Dollar Saving Account with us under a Mudarabah arrangement that is strictly in conformity with the principles of Islamic Shariah. The return earned on the Mudarabah pool is calculated every month and the profit ratio for all investors is declared at the beginning of the month. If you maintain a minimum average monthly balance of $ 500, you shall be eligible to receive profits that shall be disbursed to you every month.
Additional Features
Apart from first class service and personalized attention that our customers get when they bank with us, we offer the following additional conveniences to our customers:
- Personalized cheque books
- No restriction on withdrawals or number of transactions.
- 24/7 Call Center with complete Tele-banking services
- Monthly profit payment
- Taking stop payment instructions
- Taking hold mail instructions
- Issuance of duplicate statement of account
- Personal financial consultancy services
What do I need to open an account?
Just fill in our Account Opening Form (available at any of our branches) and give it in with your original Identity Card. That's all you need to do to open a Dollar Saving Account with us and enjoy our personalized banking services.
For account opening details make an appointment with our officer or call our 24/7 Call Center.