DECLARATION OF PROFIT

Bank AL Habib Limited is a well-established commercial bank in Pakistan, which has also been licensed by the State Bank of Pakistan to undertake Islamic Banking function through Islamic Banking Division (IBD).


Bank AL Habib’s Islamic Banking Division offers Deposit Schemes and Islamic Financing for Individuals/Traders/Industries, which completely based on Islamic Shariah Principles.


All arrangements / documents relating to above are Shariah Compliant and has been approved by our Resident Shariah Board Member (RSBM). He regularly monitors all Deposits and Financing to ensure that these are Shariah compatible.


Declaration of Profit on various Deposits for the Month ended January 31, 2019

Bank AL Habib Limited – Islamic Banking has declared the following Profit Rates:

Products Profit Rates
AL Habib Savings Deposit 4.68%
AL Habib Islamic Asaan Savings Account (monthly profit) 5.38%
AL Habib Islamic Asaan Remittance Account (monthly profit) 5.38%
Mahana Amdani Savings Account (1 - 49,999) 4.68%
Mahana Amdani Savings Account (50,000 - 9,999,999) 4.89%
Mahana Amdani Savings Account (10,000,000 - 24,999,999) 5.03%
Mahana Amdani Savings Account (25,000,000 – 49,999,999) 5.17%
Mahana Amdani Savings Account (50,000,000 - 199,999,999) 5.31%
Mahana Amdani Savings Account (200,000,000 & above) 5.94%
AL Habib Tijarat Account (Current Remunerative) 0.01%
AL Habib Apna Individual Account (Current Remunerative) 0.01%
AL Habib Islamic Young Savers Account 6.71%
AL Habib Islamic Senior Citizen Account 8.04%
Term Deposit One Year Senior Citizen Account (Monthly Profit) 9.34%
Term Deposit - 7 Days 5.59%
Term Deposit - 1 month (1 - 9,999,999) 5.94%
Term Deposit - 1 month (10,000,000 - 24,999,999) 6.15%
Term Deposit - 1 month (25,000,000 - 49,999,999) 6.29%
Term Deposit - 1 month (50,000,000 – 99,999,999) 6.43%
Term Deposit - 1 month (100,000,000 & above) 6.57%
Term Deposit - 3 months (1 - 9,999,999) 6.43%
Term Deposit - 3 months (10,000,000 - 24,999,999) 6.50%
Term Deposit - 3 months (25,000,000 - 49,999,999) 6.57%
Term Deposit - 3 months (50,000,000 – 99,999,999) 6.64%
Term Deposit - 3 months (100,000,000 & above) 6.78%
Term Deposit - 6 months (1 - 9,999,999) 6.64%
Term Deposit - 6 months (10,000,000 - 24,999,999) 6.71%
Term Deposit - 6 months (25,000,000 - 99,999,999) 6.78%
Term Deposit - 6 months (100,000,000 & above) 6.85%
Term Deposit - 1 year - (profit paid monthly) 8.75%
Term Deposit - 1 year - (1 - 9,999,999) (profit paid at maturity) 7.43%
Term Deposit - 1 year - (10,000,000 - 24,999,999) (profit paid at maturity) 7.58%
Term Deposit - 1 year - (25,000,000 - 49,999,999) (profit paid at maturity) 7.65%
Term Deposit - 1 year - (50,000,000 – 99,999,999) (profit paid at maturity) 7.72%
Term Deposit - 1 year - (100,000,000 & above) (profit paid at maturity) 7.80%
Term Deposit - 3 years - (1 - 99,999,999) (profit paid monthly) 7.72%
Term Deposit - 3 years - (100,000,000 & above) (profit paid monthly) 7.80%
Term Deposit - 3 years - (profit paid at maturity) 7.87%
Term Deposit - 5 years - (profit paid at maturity) 7.94%
Foreign Currency
Saving Account (USD) 0.46%

The above declared profit rates have been approved by the Resident Shariah Board Member (RSBM).