Latest News ANARCHY WOULD SWEEP AWAY ENTIRE POLITICAL SYSTEM: KHOSA       |   CHIEF MINISTER PUNJAB PROMOTING ANARCHISM IN PROVINCE:GOVERNOR LATIF KHOSA       |   JAKARTA: RUSSIAN SUKHOI SUPERJET 100 FLIGHT WITH 46 ON BOARD GOES MISSING IN SOUTH OF INDONESIA: OFFICIAL       |   ARMS CONTAINERS INTERCEPTED ON SYRIA-BOUND SHIP IN LEBANON: SECURITY OFFICIAL       |   KANDAHAR, AFGHANISTAN: GOVERNOR''s COMPOUND IN SOUTHERN KANDAHAR PROVINCE UNDER ATTACK: REPORT       |    Updated: 20-05-12, 1:00 pm (Pakistan Standard Time - PST)
Karachi Stock Exchange Live Rates LOTPTA 8.52   -.71     PTC 15.49   -.1     JSCL 16.57   .63     DGKC 40.49   -2.01     EFOODS 64.75   1.15     BYCO 10.29   .96     ENGRO 98.73   -4.26     BAFL 16.52   -.46     FCCL 5.83   -.26     HUBC 38.01   -.8     LUCK 121.52   -4.21     NBP 44.3   -.92     FATIMA 23.63   -.59     NML 49.78   -2.06     AHCL 33.29   -.83     FFC 115.99   -2.25     NIB 2.16   -.01     AICL 75.39   3.59     KESC 3.54   -.06     PSO 253.2   -6.41     FFBL 40.28   -.74     PPL 182.29   -3.89     TRG 3.51   -.12     EPCL 11.24   -.26     POL 363.25   -7.02     SILK 2.13   -.08     ATRL 120.2   -3.84     UBL 78.67   -4.14     PAKRI 16.29   .01     AKBL 14.38   -.39      --- Updated: 19-05-12, 10:47 am (Pakistan Standard Time - PST)
Lahore Stock Exchange Live Rates AHCL 33.50 -0.6  AKBL 14.40 -0.29  ATRL 120.00 -4.6  BAFL 16.75 -1  BOP 8.65 -0.33  BYCO 10.30 1  DGKC 40.90 -1.47  DSFL 1.80 -0.06  ENGRO 99.10 -2.9  FATIMA 23.80 -0.88  FCCL 5.89 -0.16  FFBL 40.35 -0.96  FFC 116.00 -2.2  JPGL 1.67 0  LOTPTA 8.55 -0.68  LPCL 4.16 -0.26  NBP 44.50 -0.67  NCL 19.00 0  NIB 2.18 -0.02  NICL 3.33 0  NML 49.80 -1.99  PACE 2.45 -0.07  PAKRI 16.15 -0.3  SILK 2.19 -0.03  WTL 2.81 -0.04   --- Updated: 18-05-12, 4:06 pm (Pakistan Standard Time - PST)
Islamabad Stock Exchange Live Rates BOP 8.650.33    LOTPTA 8.530.7    DGKC 40.451.92    FCCL 5.850.2    NBP 44.290.88    PTC 15.490.09    ENGRO 98.623.38    PPL 182.53.96    AKBL 14.350.34    FFBL 40.450.86    MCB 1704.07    ATRL 1204.6    LUCK 122.26    UBL 78.913.9    SNGP 19.660.34    PSO 253.26.41    SSGC 20.890.15    POL 363.257.75    PIAA 2.150.06    HUBC 38.010.8    PIOC 11.180.13    OGDC 158.281.94    KAPCO 43.050.17    --- Updated: 19-05-12, 10:05 am (Pakistan Standard Time - PST)
Live Forex Rates Againt Pakistan Rupee Open Market Currency Rates [In Pak Rupee]: US Dollar 91.40 92.00 Euro 116.40 118.64 Great Britain Pound 144.89 147.63 Japanese Yen 1.1255 1.1451 Canadian Dollar 90.10 92.48 Hong Kong Dollar 11.50 11.76 UAE Dirham 24.58 25.03 Saudi Riyal 24.09 24.50 Kuwaiti Dinar 322.26 330.97 Qatar Riyal 24.76 25.23 Omani Riyal 234.30 238.52 Bahraini Dinar 239.24 243.50 Australian Dollar 90.27 92.81 Indian Rupee ---  ---  Swiss Franc 96.99 98.68 Danish Krona 15.59 15.92 Norwegian Krona 15.32 15.63 Swedish Krona 12.88 13.16 --- Updated: 19-05-12, 10:03 am (Pakistan Standard Time - PST)
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Savings Account

Islamic Saving Schemes in Pakistan
Created: Monday, 20 November 2006 21:01
Modified: Saturday, 24 October 2009 19:42
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Savings Account

Dubai Islamic Savings Account is a great investment option for depositors who wish to earn Halal returns on their savings.  That’s not all, it allows you the flexibility to withdrawn your funds when ever required.

By investing in the Dubai Islamic Savings Account, the depositor (fund provider or Rabbul-Maal) authorizes DIBPL (fund manager or Mudarib)  to invest his/her funds on the basis of unrestricted Mudaraba contract according to the principles of Sharia. DIBPL invests these funds in its Common Mudaraba Pool with other deposits and the shareholders’ equity.  The profit on the Common Mudaraba Pool is distributed amongst the shareholders’ and depositors on the basis of agreed upon weightages which take into consideration the tenor, amount of deposit and profit payment frequency of the account.

The Dubai Islamic Savings Account is offered in the following currencies:

  • Pak Rupees
  • US Dollar

 


All entities including individuals, corporations, firms, societies, clubs, government organizations, statutory bodies, public and private institutions can open a Dubai Islamic Savings Account with a balance as low as PKR 1000.

 



For US Dollar Savings Account, daily balance throughout the month must remain above US $500 to be eligible for profit payment.

 



Features of the Saving Account

  • No minimum balance maintenance requirements
  • Monthly profit payment on the minimum balance maintained in the account (please refer to historical profits paid and prevailing weightages)
  • Unlimited number of deposits and  withdrawals (subject to sufficient credit balance, and the regulatory restrictions applicable to Foreign Currency Account
  • Entitlement to Silver and Gold ATM/VISA Debit Card
  • Standing instructions option for payment of bills (utilities) and other periodical payments
  • Free account statement on a six monthly basis
  • Free access to Dubai Islamic Internet Banking offering a comprehensive range of services
  • Free access to Dubai Islamic Phone Banking offering 24/7 tele-banking services
  • Free online banking allows account access at all Dubai Islamic branches across Pakistan
  • Enjoy Dubai Lounge Priority Banking services on meeting the balance requirements (as mentioned in the Schedule of Bank Charges) and enjoy a host of exclusive privileges
Saving Scheme Details
Scheme Type:Islamic
Type:Account
ATM/Debit Card:Yes
Zakat Deduction:2.5% on first Ramadan
Published in Islamic Saving Schemes in Pakistan
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