Faysal Islamic Life Plus Investment Certificates offer an attractive Shariah-compliant investment product designed specifically for Senior Citizens to maximise their hard-earned savings. By investing in Life Plus Investment Certificates, Senior Citizens can now enjoy higher returns on one year placements.

Faysal Islamic Life Plus Investment Certificates are based under the arrangement of ‘Mudarabah’, where Faysal Islami is the ‘Mudarib’ (manager of the funds) and the customer is the ‘Rab-ul-Maal’ (owner of funds). These deposits are deployed in Shariah-compliant modes such as Ijarah, Murabaha and Musharakah. The rate of profit on your 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.

Faysal Islamic Life Plus Investment Certificates will share in the profit earned through financing in different Islamic modes of financing. 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 Banking branches as well as our website www.faysalbank.com/services/islamic-rates/ Click here

Product Features & Benefits

• Available in PKR only
• Invest with a minimum deposit of Rs. 50,000/- for 1year
• For Individuals aged 55 years and above only
• Monthly as well as maturity profit payment options available
• Attractive halal profits
• Options for automatic renewal
• Premature withdrawal option available with no penalty charge
• Dedicated Relationship Manager to advise you, as per your needs

Note: All Taxes and Zakat are applicable as per Government regulations. Other transactional charges apply as per Faysal Bank – Islamic Schedule of Charges (SOC).For more information, please call our Contact Centre at 111 06 06 06, or visit your nearest Faysal Bank Branch

•  Key Fact Sheet