Faysal Islamic LifePlus Saving Account

A Savings account that is designed to maximize financial security and benefits for our mature client base. In addition to providing greater Halal returns on savings, Faysal Islamic life plus saving account is also loaded with several free services as well as Takaful.Designed on foundation of ‘Mudarabah’, Faysal Islamic Banking is the ‘Mudarib’ (manager of the funds) and the customer is the ‘Rabb-ul-Maal’ (owner of funds). These deposits are deployed in Shariah compliant modes such as Ijarah, Murabaha and Musharakah.

Product Features & Benefits

  • No minimum monthly balance requirement.
  • Unlimited transaction facility.
  • Profit calculated on monthly average balance and paid monthly.
  • Joint Account allowed, however the age of the primary account holder should be at least 55 Years at the time of account opening.
  • Funds Transfer facility between any two Faysal Islamic Banking Account or from a Faysal Islamic Banking account to any 1-Link member bank in over 90 cities nationwide.
  • Other Services/facilities include:
    • 24-hr access through our Contact Center
    • SMS Alerts
    • Mobil Banking
    • Utility, internet & Mobile bill payments/reloads that can be made through our Contact Center, ATM as well as Faysal digibank – Internet Banking

Free Services:

  • Free First cheque book of 10 Leaves
  • Free Barkat Debit Cards having global acceptability along with shopping privileges and discounts!
  • Free e-Statement
  • Free Online Banking
  • On maintaining a previous monthly average balance of PKR 50,000/- or more will eligible for:
    • Free Cheque
    • Free Pay Order
    • Free Duplicate Statement of Accounts

Free Takaful Privileges

Avail the mentioned free Takaful Privileges on maintaining the following balances:

On maintaining a monthly average balance of Rs. 100,000/- or above *Cash Withdrawal (ATM/OTC) takaful coverage up to a limit of Rs. 100,000/-
*Personal Accidental Death Takaful Coverage up to a limit of Rs. 1,000,000/-

*For documentary requirements and ’ Faysal Islamic Life Plus Saving Account’ Takaful Coverage Terms and Conditions, please contact your Relationship Manager, visit any of our Islamic branches or click here.

Note: All Taxes and Zakat are applicable as per Government regulations. Other account maintenance and transactional charges apply as per Faysal Islamic Banking Schedule of Charges (SOC).

For more information & updates, please call our Contact Centre at 111 06 06 06, or visit your nearest Faysal Islamic Banking branch.


Call Us or Text Us

Our hotline is available 24X7

Tel: 111-06-06-06

Text 9181

map Karachi

Nearest ATM & Branch

ATM - Engro Polymer & Chemicals Ltd. Plant Site EZ/I/P-II-I Eastern Zone, Bin Qasim

Branch - Engro Polymer & Chemicals Ltd. Plant Site EZ/I/P-II-I Eastern Zone, Bin Qasim