Zamin is a Shariah-compliant savings account which provides customers the opportunity to save for medium to long term financial goals through periodic deposits and additionally, assures customers of a continued monthly payment to family in case of any mishap through free of cost Takaful Coverage throughout the plan.

Zamin Account offers competitive Halal returns on these savings and ‘State of the Art’ Mobile & Internet Banking facility to track investments.

Features of Faysal Islami Zamin Account

• Shariah Compliant Modarabah based Savings Account
• Initial investment starts from as low as Rs.5,000/-
• Plans as per Customer needs with multiple tenors starting from 3, 5, 7 and 10 years
• Flexible investment options; monthly/ quarterly/ six-monthly/yearly
• Competitive Halal Returns with monthly profit reinvestment
• Continued payment to family/heirs in case of death/total permanent disability through FREE Takaful Cover as per selected plan.
• Account can be opened by individuals between 18 – 55 years (Maximum age should be less than 65 years at Plan Maturity)
• Hassle-free encashment without any charges
• Free Auto Debit from checking account
• Digibank App and Digibank Internet Banking to view and track investments

Terms and conditions will apply.

Underlying Shariah Principle

Faysal Islami Zamin Account is offered on the basis of ‘Mudarabah’, where Faysal Islami is the ‘Mudarib’ (manager of the funds) and the customer is the ‘Rab-ul-Maal’ (owner of funds). Funds in Faysal Islami Zamin Account are deployed in Shariah-compliant modes such as Ijarah, Murabaha and Musharakah. The rate of profit on the deposit will be determined through a Shariah approved mechanism for calculation of weightages which will be announced at the beginning of each calendar month and shall be applicable for that month only. Losses, if any, will be shared in the proportion of investment by each depositor. Monthly weightages for profit distribution shall be calculated and displayed at all Faysal Islami branches as well as our website www.faysalbank.com/services/islamic-rates/

 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).

Open your account today by visiting your nearest Faysal Islami branch or
call us at (021) 111 060606

•  Frequently Asked Questions (FAQs)
•  Key Fact Sheet

Please note: Any free offerings / features to current / saving accounts are at Bank’s sole discretion and Bank reserves the right to discontinue at any point of time.