A savings account for business entities that offers higher expected profit, enabling them to maximise their wealth.
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.
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 HBL 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.