Saving A/cs
Raast Savings Account
The relationship between BOK and the Accountholder of Raast Savings Account 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.
- Initial Deposit PKR. 100/-
- Profit Payment on monthly Basis.
- Profit Calculation on monthly average Balance.
- No minimum balance requirement
- No charges for Closing of Account.
- Free Account Statement (once in a month) on request
- ATM/Debit Card Facility available
- All individual / Businesses / Corporate / NGOs etc. are eligible to open account.
- 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