Current A/Cs
Asaan Saving Remittance Account
Deposits in Asaan Saving Remittance Account in BOK Islamic Banking are accepted on Musharaka basis (Profit & Loss) strictly in conformity with the principles of Islamic Shariah. The deposits received in Raast Asaan Saving Remittance Accounts are invested in Islamic assets like Murabaha, Ijarah, Diminishing Musharaka or Islamic Sukuks etc which are duly approved by Shariah Board. The Assan Saving Remittance account opening facility is available in all BOK Islamic Branches as well as Islamic Banking windows at Conventional Branches of BOK.
- Initial deposit is to be accepted in shape of cash upto Rs.100/ only and restricted for all other cash deposits.
- This account shall be fed through Home Remittances from abroad only the account.
- Profit Calculation on monthly average Balance.
- One CNIC holder can open only one Asaan Remittance Account (Single/Joint)
- No commercial remittance allowed
- Maximum Credit balance limit is Rs. 3,000,000/-
- Cash withdrawal limit of Rs. 500,000 per day.
- Fund Transfer limit of Rs. 500,000 per day to any other account
- Local Credit allowed Rs. 1,000,000 per month
- No commercial remittance allowed
- Only Individuals can open these accounts with a simple account opening form.
- For details click on the following link https://www.sbp.org.pk/bprd/2017/CL32.htm or visit any nearest Islamic Branch of BOK or Islamic Banking Windows.
- Withholding Tax and Zakat applicable as per prevailing laws and regulations of Pakistan.
Note: Weightages will be announced before starting of each month and Profit will be declared up to seven days of subsequent month. In case of loss, loss will be bear as per investment according to rules of Musharakah. For historical profit rates please click on link https://www.bok.com.pk/islamic/profit-rates