The Riba-free Meezan Asaan Current Account is another addition to the offerings of Meezan bank. Meezan Asaan Account opens the doors of banking products and services to those customers who have limited proof of source of income. The account can be opened with just Rs. 100/- and a valid CNIC/ SNIC / Passport / National Identity Card for Overseas Pakistanis (NICOP) / Pakistan Origin Card (POC) / Alien Registration Card (ARC) issued by National Aliens Registration Authority (NARA) / Pension Book.
(Meezan Asaan Current Account is meant for resident individuals having Pakistani nationality only)
Disclaimer:
Current Accounts operate on the principle of Qarz, with customers acting as lenders to the Bank.
The above-mentioned services assist our customers in withdrawal of funds, essentially aiding the Bank in repaying its Qarz obligations, so they can be offered with or without any charges.
Note: For further clarification, please refer to clause 10/1/3 of AAOIFI Shari’ah Standard No. 19 on Loan (Qard), adopted by SBP via IBD Circular No. 01 of 2020.
Meezan Asaan Current Account is based on Qard contract where the Bank is liable to pay the deposited funds back on demand. The Bank can use these funds for investment and other purposes. This account allows you the peace of mind of having your money safely deposited with a bank with the additional assurance that the Bank is not investing your money in activities that contravene Shariah principles.
PDF version of our printed Account Opening Form is also available for download. You can print the form, fill your details and submit it along with the required documents at your preferred branch.
Download FormYou may visit any branch of Meezan Bank and our staff will assist you in filling the printed Account Opening Form and opening your account.
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