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An ideal savings account for your daily banking needs
Apply NowAn ideal savings account for your daily banking needs.
All bank charges will apply as per the prevalent Islamic Schedule of Bank Charges.
Profit rates as per pre-declared weightages and Profit Sharing Ratio.
Other documents as per bank and/or regulatory requirement.
It is based on Mudaraba. Under this arrangement, customer (Rab-ul-Maal) provides funds to HBL (Mudarib) for investment under Shariah guidelines. The actual profit at the end of period is shared between the customer and the bank as per the pre-agreed profit sharing ratio. Loss, if any, will be shared among Rab-ul-Maal as per investment ratio.
Terms and conditions apply.