Alfalah Musharakah Savings AccountAlfalah Musharakah Savings Account

Alfalah Musharakah Savings Account

Alfalah Musharakah Savings Account not only gives you return on your investments, but also makes your day to day business banking needs extremely convenient with a host of free banking services.

Eligibility Criteria All Pakistani Nationals with CNIC/NICOP/SNIC.
Initial Deposit PKR 100/-
Product Features
  • Profit-bearing tiered account
  • No minimum and maximum balance limit
  • Profit is calculated on average monthly balance
  • Monthly profit disbursement
  • No restriction on number of deposit or withdrawal transactions
  • VISA Debit/ATM Card accepted at over 30 million outlets and more than 2 million ATMs worldwide
  • Free first cheque book
  • Free online banking nationwide
  • Free e-statements
  • SMS alert on every transaction
  • Complimentary account statement semi-annually
Additional Benefits On maintaining, an average monthly balance of PKR 10,000/- in your checking account, get free accidental death and permanent disability takaful coverage of up to PKR 2 Million.

On maintaining a minimum monthly average balance of PKR 1m or equivalent FCY deposit in current/savings/term deposit accounts, avail numerous free services as per our preferred banking services.

Underlying Principle This product is based on the concept of Mudarabah


  • Profit calculation & distribution will as per prevailing pool management guidelines
  • All the free services are subject to the terms and conditions as per prevailing Schedule of Charges
  • Withholding Tax and Zakat is applicable as per existing policy of Government