Key Features

• Offered in USD, Euro and GBP
• Open an account with just 1,000 units of any of the foreign currency specified above
• Profit payout on maturity
• Availability of multiple tenors
• Facility for early redemption as per bank’s policy

Guiding Principle

HBL Islamic Foreign Currency Investment Deposit 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 is applicable as per applicable law. All facilities are subject to Islamic Schedule of Bank Charges (I-SOBC)