Historical profit rate
Namat Plus Term Deposit
- Based on predetermined profit sharing ratio
Namat Premium Plus Term Deposit
- Based on predetermined profit sharing ratio
Namat Plus Foreign Currency Term Deposit
- Based on predetermined profit sharing ratio
Aasoodgi Term Deposit
- Based on predetermined profit-sharing ratio
Namat Term Deposit
- Based on predetermined weightages
MCB Islamic Niswaan Term Deposit
- Based on pre-determined weightages for each month or interval
Investment Periods
Namat Plus Term Deposit
- 1, 2, 3, 6 Months
- 1, 2, 3, 5 Years
Namat Premium Plus Term Deposit
- 1 Year, 3 Years
Namat Plus Foreign Currency Term Deposit
- 3 & 6 Months, 1, 2 & 3 Years
Aasoodgi Term Deposit
- 1 Year
Namat Term Deposit
- Short-term: 1, 3, 6 months; Long-term: 1, 2, 3 & 5 years
MCB Islamic Niswaan Term Deposit
- 6 months, 1 Year, 3 Years
Profit Payment Options
Namat Plus Term Deposit
- Monthly,
Quarterly
Namat Premium Plus Term Deposit
- Monthly
Namat Plus Foreign Currency Term Deposit
- Monthly
Aasoodgi Term Deposit
- Monthly profit payout – Customers receive regular income without having to withdraw the principal amount.
Namat Term Deposit
- Monthly, Quarterly, Maturity
MCB Islamic Niswaan Term Deposit
- Monthly
Eligibility Criteria
Namat Plus Term Deposit
- Available at
MCB Islamic Bank branches
Namat Premium Plus Term Deposit
- Available at MCB Islamic Bank branches
Namat Plus Foreign Currency Term Deposit
- Available at MCB Islamic Bank branches
Aasoodgi Term Deposit
- Senior Citizens (60+), Pensioners, Widows, Persons with Disabilities
Namat Term Deposit
- Open to individuals and businesses
- Suitable for long-term and short-term investors
- Must meet minimum deposit criteria
MCB Islamic Niswaan Term Deposit
- Females from all segments of society
- Must have an account with MCB Islamic Bank
Features
Namat Plus Term Deposit
- Mudarabah-based
product - Transparent profit-sharing
- Loss shared proportionately among investors
Namat Premium Plus Term Deposit
- Mudarabah-based product
- Transparent profit-sharing
- Loss shared proportionately among investors
Namat Plus Foreign Currency Term Deposit
- Mudarabah-based product
- Transparent profit-sharing
- Loss shared proportionately among investors
Aasoodgi Term Deposit
- Mudarabah-based Islamic banking product where depositors act as “Rabb-ul-Maal” (investors) and the bank acts as “Mudarib” (fund manager).
- Profit-sharing model: Profit distribution is based on a pre-agreed ratio, ensuring compliance with Islamic finance principles.
- Secure investment with transparent profit calculations.
- Funds utilized in Shari’ah-compliant avenues approved by the bank’s Shari’ah Board.
- No maximum deposit limit, allowing customers to invest higher amounts for increased profits.
Namat Term Deposit
- Based on Mudarabah (Islamic partnership finance)
- Customer acts as Rabb-ul-Maal (Investor), and the bank as Mudarib (Manager)
- Funds invested in Shari’ah-compliant avenues
- Profit-sharing ratio announced monthly
- Profit weightages vary based on tenure and amount
MCB Islamic Niswaan Term Deposit
- Shariah-compliant: Based on Mudarabah principles
- Profit sharing: Customer share profits based on a pre-determined ratio.
- Loss sharing: shared proportionally among investors in the pool.
- Transparent profit details: Detailed profit rate sheet available to customers upon request or displayed publicly on the bank’s notice board and website.
Benefits
Namat Plus Term Deposit
- Profit bearing
- Shari’ah-compliant
- Pre-determined profit sharing ratio
- No upper investment limit
Namat Premium Plus Term Deposit
- Profit bearing
- Shari’ah-compliant
- Pre-determined profit sharing ratio
- No upper investment limit
Namat Plus Foreign Currency Term Deposit
- Profit bearing
- Shari’ah-compliant
- Pre-determined profit sharing ratio
- No upper investment limit
Aasoodgi Term Deposit
- Shari’ah-compliant investment with no involvement in interest-based earnings.
- Monthly income generation, making it ideal for individuals relying on fixed income.
- Risk-sharing model, ensuring equitable distribution of profits and losses.
Namat Term Deposit
- Shari’ah-compliant investment opportunity
- Regular or lump sum profit payouts
- Higher profits for longer tenures
- Safe and risk-free investment
MCB Islamic Niswaan Term Deposit
- Monthly profit payment
- Transparent and Shariah-compliant
- Can be a flexible investment option with different tenures