Minimum investment required is Rs. Open Account with Rs. Meezan Bank Rupee Current Account . Open Account with Rs. ... Meezan Monthly Mudarbah Certificate . |, Awareness & Precautions for Bank Customers Against COVID-19, Complete Schedule of Charges Jan-Jun 2021, Complete Schedule of Charges Jul-Dec 2020, AML/KYC Questionnaire for Correspondent Banks. University of Education, Township 2. 10,000 . ... Meezan Monthly Mudarbah Certificate . 100,000/- PLR 6.51% Investment period is one month with re-investment option available on a continuous basis Monthly profit payment will be made to your meezan bank account Pre-mature withdrawal can be made Welcome to the Official Facebook page of Pakistan's first and largest Islamic bank! Jumada Al-Awwal 17, 1442 | Saturday, January 2, 2021, © 2020 Meezan Bank. Currently I am interested in Meezan Bank Monthly Mudarbah Certificate, which states that its ribba free and bank becomes your partner on rabb ul mall and mudarib basis. Meezan Bank Rupee Current Account . Minimum investment required is Rs. Open Account with Rs. Meezan Amdan Certificate is a Mudarabah-based long-term deposit product that offers a high expected return to investors and is ideal for those individuals and corporate clients who need a regular stream of monthly income. In this video you will learn about Meezan bank term deposit Certificate-Mahana Mudarabah Certificate. Profit Rate 0.82% . On the liability side, we will compare Meezan’s Monthly Mudarabah Certificates to Allied Term Plus Deposits. Our representative will call you within 2 working days. Islamic Naya Pakistan Certificate (INPC) is a Shariah-compliant investment option that is offered to Meezan Roshan Digital & Meezan Roshan Resident Account holders on the basis of Mudarabah. Profit Rate 0.82% . For support and impartial advice on bank accounts, please call +92 42-35955556 now! Compare bank accounts online and apply for bank account in easy steps with Mawazna. Riba-Free Monthly Mudarabah Certificate (MMC) works under the principles of Mudarabah and is strictly in conformity with the rules of Islamic Shariah. APR 4.92% . Half profit goes to bank and half to the customer while the percentage of profit is changed each month according to profit loss What is the benefit of Mahana Mudarabah Certificate. Profit Rate 0.82% . Bank will share 50% of Distributable Income as Mudarib, Depositor will share 50% of Distributable Income as Rab-ul-Maal. 50,000/-, Pre-mature withdrawal can be made as per approved schedule. All Rights Reserved. For support and impartial advice on bank accounts, please call +92 42-35955556 now! Profit payment is made in the account on monthly basis. On agreeing to become a MMC holder, the customer enters into a relationship based on Mudarabah with Meezan Bank. Profit Rate 0.82% . MONTHLY MUDARABAH CERTIFICATE The riba-free monthly mudarabah certificate (mmc) is a short- term deposit product. The Dollar Mudarabah Certificate (DMC) is a deposit product through which you can invest your US Dollars with Meezan Bank for periods ranging from 3 months to 3 years and earn six-monthly or at maturity profit payments on your investment. Meezan Amdan Certificate (MAC) - the Term Deposit with the comfort of high expected Monthly Returns! Certificate of Investment based on Murabahah (Eg: Al Meezan Riba Free ) Islamic Musharakah bonds (based on projects requiring large amounts – profit based on the return from the project) Source: Dr. Muhammad Imran Ashraf Usmani, Meezan Bank’s Guide to Islamic Banking. Jumada Al-Awwal 17, 1442 | Saturday, January 2, 2021, © 2020 Meezan Bank. Minimum investment required is Rs. Compare bank accounts online and apply for bank account in easy steps with Mawazna. By placing funds in mudarabah-based Meezan Amdan Certificate the senior citizens, widows and disabled persons can now enjoy higher returns on monthly basis for a period of five and a half years and seven years respectively. All Rights Reserved. The risk sharing of both the products is the key difference here. APR 0% . Meezan Bank Limited. Relationship Between the Bank & Customer. How Monthly Mudarabah Certificates works? The Riba-Free Monthly Mudarabah Certificate (MMC) is a short-term deposit product which has been designed to give you expected monthly returns.
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