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The Riba-Free Monthly Mudarabah Certificate (MMC) is a short-term deposit product which has been designed to give you expected monthly returns.
Monthly Mudarabah Certificates work on the principle of Mudarabah under which the customer is an Investor (Rab-ul-Maal), and the Bank is the Manager (Mudarib) of the funds deposited by the customer. The Bank allocates the funds received from the customers to a Deposit pool; funds from the pool are utilized to provide financing to customers under Islamic modes that include, but are not restricted to Murabaha, Ijarah, Istisna and Diminishing Musharakah.
The Monthly Mudarabah Certificate is available for Individuals and businesses including Sole Proprietorships, Partnerships and Limited Companies.
Visit any of Meezan Bank’s branches, fill-in the Application Form and complete a few simple formalities required for investing in Meezan Amdan Certificates. This is all you need to do to enjoy our personalized banking services.
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