Albaraka Bank

Albaraka Bank Fixed Deposits

Albaraka Bank Fixed Deposits

Al Baraka Term Deposit



Al Baraka Term Deposit is a perfect solution for customers seeking high profits in a Shariah compliant way  which you can secure your future. Our sales officers will be happy to assist you in designing an investment plan for you and for your loved ones.

Salient Features

  • Minimum initial Investment: Rs. 25,000/-
  • Available in PKR and other major currencies likeUSD, GBP, EURO & AED
  • Available tenures: 1 month, 3 months, 6 months, 1- 5 years
  • Profit payment options: Quarterly, Bi-Annually, Annually or Maturity
  • Free ATM/Debit Card with unlimited access to  ATMs nationwide.
  • Additional benefits such as e-Statement, 24/7 Phone Banking, SMS Banking

Islamic Concept



Al Baraka Term Deposit is based on the Islamic concept of Mudarabah. Under this arrangement the customer is Rab-ul-Maal (Investor) and the bank is Mudarib (Fund Manager). Customer deposit is invested in profitable business ventures which are legal and Shariah compliant. The profit/loss is shared on a pre determined ratios. As Fund Manager, the bank is entitled to a part of the profit, whereas profit distribution amongst the depositors and shareholders is made according to the weightages assigned to their investment at the beginning of each month.

Eligibility criteria

  • Individuals (18 years & above)
  • Sole Proprietor
  • Partnerships
  • Companies
  • Clubs / Societies / Associations / Trusts


For more information, kindly visit our branch or call us on 111-113-442.