Term Deposits
Riba Free Certificates (RFCs)
The relationship between BOK and the customer shall be based on the Islamic principles of Mudarabah (Profit and Loss sharing), where the Customer is the Rab ul Maal and the Bank is the Mudarib.
- Minimum Investment is Rs. 50,000/-.
- Investment tenors are 1month, 3 months, 6 months, Yearly (Ranging from 01 Year to 05 Years).
- Profit payment is on monthly/half Yearly/Yearly/Maturity basis.
- Pre-Mature termination possible. (Conditions Apply)
- Free Account Statement (once in a month) on request.
- All account holders of BOK-IBG
- 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