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HBL Al-Mukhtar Account

An account catering to the banking needs of businessmen. It offers a range of free unlimited features enabling businessmen to conduct their day to day transactions with ease and convenience.


  • Open an account with just PKR 25,000/-
  • Monthly profit payout as per weightages
  • Profit calculation on monthly average balance
  • Avail following free services

o Free Cheque Books
o Free Duplicate Account Statements when requested
o Waiver of HBL DebitCard annual fee
o Free Issuance of banker’s cheques
o Free Intercity Funds Transfer via HBL network
o Free Intercity Cash Withdrawal and Deposit via HBL network
o Waiver of Outward Clearing Cheque Return Charges
o Free SMS alerts (applicable for Individuals and Sole Proprietor only)

How to Apply

Individual to provide:

  • Original CNIC along with verified copy
  • Proof of income
  • Copy of recent utility bill

Sole Proprietor to provide:

  • Original CNIC along with verified copy
  • Request letter
  • Copy of NTN Certificate

Partnership firms to provide:

  • Attested copy of certificate of registration
  • Certified copy of partnership/partnership deed
  • Letter of partnership
  • Copy of NTN Certificate
  • Verified CNIC copies of partners

Companies to provide:

  • Certificate of incorporation
  • Memorandum of association
  • Articles of association
  • Certified copy of form 29
  • Verified CNIC copies of signatories
  • Copy of NTN certificate and SECP registration

Guiding Principle

HBL Al-Mukhtar Account is based on the concept of 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 HBL as per the pre-agreed profit sharing ratio. Loss, if any, is borne by the customer and HBL will not be entitled for Mudarib share of profit.

Note: Terms and conditions apply. Withholding Tax and Zakat is applicable as per applicable law. All facilities are subject to Islamic Schedule of Bank Charges (I-SOBC).

Important Documents

HBL Al-MukhtarAccount (Key Fact Sheet) - Jul - Dec 2020.pdf  
Size: 68 KB
KFS HBL Al-Mukhtar Account - Jul 19.pdf  
Size: 46 KB
Key Fact Sheet ( HBL Al-MukhtarAccount)- Jan 2019.pdf  
Size: 69 KB
Key Fact Sheet ( HBL Islamic Al-MukhtarAccount)- July 2018 (URDU).pdf  
Size: 634 KB
Key Fact Sheet ( HBL Al-MukhtarAccount)- January 2018.PDF  
Size: 71 KB
Key Fact Sheets ( HBL Al-MukhtarAccount)- July 2017.pdf  
Size: 76 KB
Key Fact Sheet (HBL Al-MukhtarAccount) - Jul 2018.pdf  
Size: 72 KB