Term deposits
Raast Itminan Mahana Certificates
Raast Itminan Mahana Certificates are issued on 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/
- Maximum Investment is Rs. 10,000,000/-
- Minimum Tenor is 01 Year
- Maximum Tenor is 05 Years
- Monthly Profit payment
- Separate Weightages
- Premature encashment is allowed as per banks policy
- 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