Real-time conversion from Foreign Currency to PKR and vice versa
Dedicated Realtionship Management Team
No service charges
Secure Digital/Online Account opening through OTP confirmation
No charges on Internet Banking usage
No initial deposit for account opening
No minimum balance requirement
Please carefully read and understand the eligibility criteria to start the account opening process. Kindly ensure availability of the below enlisted documents so that you can upload these with your account opening application.
Note: "Please upload documents in Urdu, English or Arabic languages only. In case of any other language, please upload certified translation from an online verifiable and authentic source."
PKR Savings Account
Bank will share 50% of Gross Income as Mudarib
Depositor will share 50% of Gross Income as Rab-ul-Maal
USD Savings Account
Bank will share 75% of Gross Income as Mudarib
Depositor will share 25% of Gross Income as Rab-ul-Maal
|Account Categories||Profit Distribution Period||Weightage Assigned|
|PKR Savings Account (NRP)||Monthly||0.32|
|USD Savings Account (NRP)||Monthly||0.45|
|Euro Savings Account (NRP)||Monthly||0.27|
|GBP Savings Account (NRP)||Monthly||0.27|
On agreeing to become a Pak Rupee / Foreign Currency 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.
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.
For your valuable comments, feedback or complaints , you may contact us in the following manner:
Connect via email: [email protected]
Call us 24/7 at: +92 (21) 111-331-331 & +92 (21) 111-331-332
For further information on Roshan Digital Accounts from State Bank of Pakistan(SBP) you may visit https://www.sbp.org.pk/RDA/index.html
You may also share your suggestions/ feedback on Roshan Digital Account with SBP at [email protected]