Saving A/cs
Raast Sahulat Account
Deposits in Raast Sahulat 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 Sahulat Accounts are invested in Islamic assets like Murabaha, Ijarah, Diminishing Musharaka or Islamic Sukuks etc which are duly approved by Shariah Board. The Raast Sahulat account opening facility is available in all BOK Islamic Branches as well as Islamic Banking windows at Conventional Branches of BOK.
- Initial deposit requirement is Rs. 5,000/-
- Free Cheque book of 25 leaves or more.
- Free Pay Orders.
- Free Demand Drafts.
- Free Call Deposits (CDR)
- Free Online Transactions.
- Free Issuance of ATM/Debit Card with No Annual Fee & Renewal Fee (Terms & Conditions apply)
- Minimum balance requirement is not applicable on Free Issuance of ATM/Debit Card with No Annual Fee & Renewal Fee.
- Maintain daily minimum balance of Rs. 25,000/- to avail free services.
- Withholding Tax and Zakat applicable as per prevailing laws and regulations of Pakistan.
- Sole Proprietors, Partnership Firms/Public/ Pvt Ltd Companies
- Withholding Tax and Zakat applicable as per prevailing laws and regulations of Pakistan.
- For further details, visit any nearest Islamic Branch of BOK or Islamic Banking Windows.
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