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It’s Never too Early to Save!

Meezan Teens Club Account is a Mudarabah- based relationship where you will be the Investor (Rab-ul-Maal) and the Bank will be the Manager (Mudarib). Your funds will be utilized by the Bank to provide Islamic financing to customers.

Meezan Bank is a keen Socially Responsible Organization and realizing this responsibility, the Teens Club Account aims to provide a forum to teens where their maturing minds are groomed in a modern yet Islamic way. The Teens Club Account provides a blend of fun learning with special focus on character and value building.

Key Features

Free and Personalized Chequebook

No charges on issuance of chequebook

Free Pay Orders

Free Pay Orders

Minimium Investment

Open your account with Rs. 1000/- only

Age Group

Specially for teens of 12 to 18 years of age

Halal Profits

Halal profit every month

Teens Club Certificate

Free personalized “Teens Club Certificate”

Personalized Debit Card

Free first Visa Debit Card in different colors for boys and girls

Internet and Online Banking

Free Online Banking service and Internet Banking facility

SMS Alerts

SMS alerts on your transactions

Great Gifts

Exciting gifts on account opening

How the Teens Club Account Works

Download Fatwa

On agreeing to become a Meezan Teens Club 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 Musharkah.

Profit Sharing Ratio

Bank will share 50% of Gross Income as Mudarib

Depositor will share 50% of Gross Income as Rab-ul-Maal

Weightages for the Month of February 2023
Account Categories Profit Distribution Period Tier Groups Weightage Assigned
Meezan Teens Club Account Monthly - 0.69
Consolidated Weightages
Profit Rates for the Month of January 2023
Daily Product Basis (PKR) Profit Rates (% per annum)
- 13.01
Profit Rates
Historical Profit Rates

Want to Open a Teens Club Account

Download, Print, Fill Form

PDF version of our printed Account Opening Form is also available for download. You can print the form, fill your details and submit it along with the required documents at your preferred branch.

Download Form

Visit a Branch

You may visit any branch of Meezan Bank and our staff will assist you in filling the printed Account Opening Form and opening your account.

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