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Meezan Freelancer Account is a Rupee and Foreign currency based personal account available as both Current and Savings variants and has been designed exclusively for freelancers. Freelancers can now easily receive their work payments / remittances directly into their personal accounts and enjoy various benefits of a full-fledged account.

Key Features

  • Free Chequebook
  • Free Pay Orders
  • Free Internet Banking
  • Online Branch Banking
  • Unlimited Withdrawals
  • Inward Foreign Remittance
  • Free Meezan Mobile Banking App
  • Debit Card
  • SMS Alerts
  • Opportunity to Invest in Meezan Bank’s Certificate of Islamic Investments (COIIs)
  • Ability to pay utility bills, fees and conduct other fund transfers in Pakistan using Meezan Internet Banking Facility and Mobile App.

Type of Accounts

Choose from Current or Savings Accounts as per your requirements

Currency of Account

Pakistani Rupee (PKR) as well as major foreign currencies of US Dollar (USD), Pound Sterling and Euro

Mudarabah Basis

On agreeing to become a Freelancer Account holder, the customer enters into a relationship based on Mudarabah with Meezan Bank. Under this relationship, the customer is an Investor (Rab-ul-Maal) and the Bank is the Manager (Mudarib) of the funds deposited by the customers. 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.

Qard Basis

Current Account (Pak Rupee / Foreign Currency) is based on Qard contract. The Bank can use these funds for investment and other purposes. This account allows you the peace of mind of having your money safely deposited with a bank with the additional assurance that the Bank is not investing your money in activities that contravene Shariah principles.