ABPL Mahana Amadani – Term Deposit

Are you interested in monthly profit returns?  Then why not go for our Mahana Amadani which gives you competitive profit earnings on your savings. With a minimum investment/ Savings of Rs. 50,000, you can enjoy monthly returns. Salient features Profit Calculation: Monthly Profit payment options: Monthly Pak Rupee only Tenure: 1 Year to 5 Years Free ATM card with access to more than 3800 ATM, nationwide. e-Statement 24/7 Phone Banking SMS banking Islamic Concept The ABPL Mahana Amadani Term Deposit 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.