ABPL Khazana Account

Are you serious about savings? Are you looking for higher profits? If ‘yes’ then this account is for you, where profit is calculated on daily and distributed on a monthly basis. Salient features Minimum initial investment Rs. 100,000/- Available only in Pak Rupees Tiered profit structured Unlimited deposits and withdrawals Profit will be paid every month on a daily product basis Enjoy higher profits on higher balances e-Statement 24/7 Phone Banking SMS banking Islamic Concept The ABPL Khazana account is based on the Islamic concept of Mudarabah. Under this arrangement the customer is Rab-ul-maal (Investor) and the bank is Mudarib (Fund manager). Your deposit will be invested in profitable business ventures which are legal and Shariah compliant, and the profit/loss will be shared in a pre determined ratio. As fund manager, the bank will be entitled to a part of the profit, whereas profit distribution amongst the depositors and shareholders will be made according to weightages assigned to their investment at the beginning of each month. Eligibility criteria Individuals (18years & old) Sole Proprietor Partnerships Companies Clubs / Societies / Associations / Trusts

For more information, kindly visit our branch or call us on 111-113-442.