Product Name |
Mode |
Type of Product |
Tenors |
Profit Calculation |
Target Customers |
Askari Halal Saving and Notice Account (AHSAN) |
Mudaraba |
Saving |
NA |
Average Monthly |
Business Enterprises and Individuals |
Askari Halal Saving Account |
Mudarabah |
Saving |
NA |
Profit will be payable on minimum monthly balance from 6th till last date of each month. |
Business Enterprises and Individuals |
Askari Islamic Current Account |
Qard |
Current |
NA |
NA |
Business Enterprises |
Askari Basis Banking Account |
Qard |
Current |
NA |
NA |
Low income individuals |
Ahsan Masrafi |
Mudaraba |
Saving |
NA |
Daily Product Basis |
Islamic Financial Institutions |
Askari Halal US$ Saving Account |
Mudarabah |
Saving |
NA |
Average Monthly |
Business Enterprises, Individuals |
Askari Halal Foreign Currency Aurrent Account |
Qard |
Current |
NA |
NA |
Busines Enterprises, Individuals |
Askari Islamic Investment Certificate (AIIC) |
Mudaraba |
Term |
3 month-5 years |
Monthly |
Individuals, business enterprises, Government Entities |
Askari Khas Islamic Deposit Account (AKIDA) |
Mudaraba |
Term |
3 month-5 years |
Monthly |
Individuals, business enterprises, Government Entities |
Askari Islamic Term Quality Deposit (AITQAD) |
Mudaraba |
Term |
3-7 years |
Monthly |
Provident funds, Pensions Funds and Individuals |
Askari Hala Certificate of Assan Monthly Mudaraba (AHCAMM) |
Mudaraba |
Term |
1 months-No limit |
Average Monthly |
Individuals |
Askari Wakala tul Istismar |
Wakala |
Term |
NA |
At maturity or as agreed with the client |
Large size deposits |
Special Musharaka Certificate |
Musharaka |
Term |
6 months |
Average Monthly |
Large size deposits |
AHSAN MASRAFI Certificate of Islamic Investment |
Mudaraba |
Certificate of Investment (For IFIs) |
One Week-1 year |
Weekly, two weeks, Monthly |
Islamic Financial Institutions(IFIs) |
AHSAN MUNAFA ACCOUNT (Askari Halal Savings and Notice Munafa Account) |
Mudarabah |
Saving(Daily Product Account) |
N/A |
On Daily Product Basis |
High net-worth individuals, corporate and government account, gratuity, provident and pension funds, etc |