Foreign Currency Account
Barkat Islamic – Foreign Currency Current Account enables you to derive maximum benefits from your foreign currency deposits. This flexible account is based upon Qard, (loan on demand), which makes it free of interest and the principle is guaranteed to the customer. The customer can be rest assured that the 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
- Choice of currency – USD $, GBP and Euro.
- Minimum Balance required USD $ 500 or equivalent.
- Nationwide access to your account through any Faysal Bank branch.
- 24-hour access to your account through Faysal Bank’s Call Center.
Service Charges are as per Faysal Bank’s Schedule of Charges.
For more information, please call our Customer Interaction Centre at 111 06 06 06, or visit your nearest Faysal Barkat Islamic Banking branch.