Barkat Islamic Current Account is a value added product which enables you to derive maximum benefits from your deposits. It is a suitable solution for individuals as well as business entities looking for a checking account based on Islamic Financing principles. This flexible account is based upon Qard, (loan on demand). This makes it free of interest and the principle is guaranteed to you, the depositor. You can be rest assured that your funds will be utilized in strict adherence to Shariah principles, as all deposits are allocated in a specific pool of funds which are further invested in Islamic assets.
Product Features & Benefits
- Nationwide access to your account through any Faysal Bank branch.
- 24-hour access to your account through Faysal Bank’s Call Centre and ATM network, as well as all other 1-Link / MNET ATMs country-wide.
- Online access to your account through any Faysal Bank branch.
- A host of conveniences through the Faysal Bank ATM network:
- Instant Funds Transfer
- Utility Bill Payment
- Cash deposit (at selected Faysal Bank ATMs)
- SMS Alert facility
For more information, please call our Customer Interaction Centre at 111 06 06 06, or visit your nearest Faysal Barkat Islamic Banking branch.