If you found this page informative, share it now!

Specifically designed to facilitate Resident Pakistanis

Meezan Roshan Resident Account has been specifically designed to facilitate Resident Pakistanis who have declared assets held abroad, as per wealth statement declared in the latest tax returns with Federal Board of Revenue (FBR).

It enables Resident Pakistanis to invest in the Shariah-compliant Foreign Currency (FCY) denominated scheme of Islamic Naya Pakistan Certificates (INPCs) and Meezan Bank's FCY Term Deposit products. Cash withdrawal in foreign currency and equivalent local currency can also be made through this account.

Terms & Conditions

Key Features

Online Branch Banking

Online Branch Banking

Free Online Banking service at all Meezan Bank branches

Minimum Deposit

No Initial Deposit

No initial deposit for account opening

Minimum Balance

Minimum Balance

No minimum balance requirement


Free Chequebook

No charges on issuance of chequebook

Pay Order

Free Pay Orders

No charges on issuance of Pay Orders

Profit & Payment Calculation

Profit Payment & Calculation

Profit will be paid on monthly basis & calculated on daily basis



No restriction on withdrawals amount

Fund Transfer

Funds Transfer

Instant Funds Transfer within Meezan Bank

How does Meezan Roshan Resident Account work?

Meezan Roshan Resident Account is offered in both current & savings accounts under the Islamic concept of Qard & Mudarabah.

Profit Sharing Ratio

USD Savings Account

Bank will share 75% of Gross Income as Mudarib
Depositor will share 25% of Gross Income as Rab-ul-Maal

Weightages for the Month of March 2021
Account Categories Profit Distribution Period Weightage Assigned
USD Savings Account Monthly 0.45
Consolidated Weightages
Profit Rates for the Month of February 2021
Account Categories Monthly Profit Rates (% per annum)
USD Savings Account 0.21%
Profit Rates
Historical Profit Rates

Mudarabah Basis

On agreeing to become a US Dollar 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 (US Dollar) 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.