Meezan Digital Asaan Account is specifically designed for Resident Pakistanis who wish to open a bank account digitally without the hassle of visiting a physical branch. Meezan Digital Asaan Account is offered in PKR currency only, and can be opened in either current and savings category.
NOTE: Only One Digital Asaan Account will be offered per customer. This account is being offered to new customers only.
Meezan Digital Asaan Account is offered in both current & savings accounts under the Islamic concept of Qard & Mudarabah.
PKR Savings Account
Bank will share 50% of Gross Income as Mudarib
Depositor will share 50% of Gross Income as Rab-ul-Maal
| Products | Tier Groups | Weightage Assigned |
|---|---|---|
| Meezan Digi Asaan Account | Monthly | 0.65 |
| Products | Tenure | Profit Assigned |
|---|---|---|
| Meezan Digi Asaan Account | Monthly | 13.09% |
On agreeing to become a Pak Rupee Account holder, the customer enters into a relationship based on Mudarabah with Meezan Bank. Under this relationship, the customer is an Investor (Rab-ul-Maal) and the Bank is the Manager (Mudarib) of the funds deposited by the customers. The Bank allocates the funds received from the customers to a deposit pool; funds from the pool are utilized to provide financing to customers under Islamic modes that include, but are not restricted to Murabaha, Ijarah, Istisna and Diminishing Musharakah.
Current Account (Pak Rupee) is based on Qard contract. 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.
