Historical profit rate
Falah Islamic Senior Citizens Term Deposit
- Based on the pool management guidelines
Alfalah Islamic Foreign Currency Term Deposit
- Varies by tenor and profit payment frequency
Falah Term Deposits
- Based on pool management guidelines
Falah Mahana Munafa Term Deposit
- Based on pool management guideline
Falah 3-Year Term Deposit Monthly Income Certificate
- Based on pool management guidelines
Alfalah Islamic Premium Term Deposits
- Based on pool management guidelines
Alfalah Islamic Target Savings Deposit
- Varies by tenor and profit payment frequency
Alfalah Islamic Recurring Value Deposit
- Based on pool management guidelines
Investment Periods
Falah Islamic Senior Citizens Term Deposit
- At maturity: 1 month, 3 months, 6 months, & 1 year
Monthly: 1 year
Alfalah Islamic Foreign Currency Term Deposit
- 1 month, 3 months, 6 months, and 1 year term
Falah Term Deposits
- 1 month, 3 months, 6 months, 1 year, 2 years, 3 years, 5 years
Falah Mahana Munafa Term Deposit
- 1 year, 2 years, 4 years, and 5 years
Falah 3-Year Term Deposit Monthly Income Certificate
- 3 years
Alfalah Islamic Premium Term Deposits
- Monthly Profit: 1 year
Bullet Maturity Profit: 1 month, 3 months, 6 months, 1 year
Alfalah Islamic Target Savings Deposit
- Minimum of 1 year to up to a maximum of 10 years
Alfalah Islamic Recurring Value Deposit
- Minimum of 3 years to up to a maximum of 10 years
Profit Payment Options
Falah Islamic Senior Citizens Term Deposit
- Monthly
Alfalah Islamic Foreign Currency Term Deposit
- At maturity
Falah Term Deposits
- At maturity
Falah Mahana Munafa Term Deposit
- Monthly
Falah 3-Year Term Deposit Monthly Income Certificate
- Monthly
Alfalah Islamic Premium Term Deposits
- Monthly
Alfalah Islamic Target Savings Deposit
- Monthly
Alfalah Islamic Recurring Value Deposit
- At maturity
Eligibility Criteria
Falah Islamic Senior Citizens Term Deposit
- All Bank Alfalah Islamic Current and Savings account holders.
- Senior citizens (age of retirement).
Alfalah Islamic Foreign Currency Term Deposit
- All Bank Alfalah Islamic Current and Savings account holders.
Falah Term Deposits
- All Bank Alfalah Islamic Current and Savings account holders.
Falah Mahana Munafa Term Deposit
- All Bank Alfalah Islamic Current and Savings account holders
Falah 3-Year Term Deposit Monthly Income Certificate
- All Bank Alfalah Islamic Current and Savings account holders.
Alfalah Islamic Premium Term Deposits
- All Bank Alfalah Islamic Current and Savings account holders.
Alfalah Islamic Target Savings Deposit
- All Individual & Joint Bank Alfalah Islamic Current and Savings account holders.
Alfalah Islamic Recurring Value Deposit
- All Individual Bank Alfalah Islamic Current and Savings account holders.
Features
Falah Islamic Senior Citizens Term Deposit
- Multiple-tiered term deposit: Different levels offer varying profit rates.
- Monthly profit payment
- No maximum deposit limit
- Shariah-compliant: Based on Mudarabah principles (profit-sharing model).
Alfalah Islamic Foreign Currency Term Deposit
- Account can be opened in USD, GBP, or Euro.
- Multiple tiered term deposit (USD only).
- Single-tiered term deposit (GBP and Euro).
- Profit payment at maturity.
- No maximum deposit limit: Available in multiples of the minimum deposit
Falah Term Deposits
- Multiple-tiered term deposit.
- Profit disbursement at maturity: Profit is paid upon maturity of the deposit.
- No maximum deposit limit.
Falah Mahana Munafa Term Deposit
- Multiple-tiered term deposit.
- Profit calculation on a daily basis: Profits are calculated daily.
- Monthly profit disbursement: Payouts made on a monthly basis.
- No maximum deposit limit: Deposits can be higher in multiples of the minimum deposit.
Falah 3-Year Term Deposit Monthly Income Certificate
- Single-tiered term deposit.
- Monthly profit payment: Profits are paid on a monthly basis.
- Maximum deposit limit of PKR 25 Million.
Alfalah Islamic Premium Term Deposits
- Multiple-tiered term deposit: Offers different tiers with varying profit rates.
- Monthly profit payment: Payment made on a monthly basis.
- Daily profit calculation: Profits are calculated daily.
- No maximum deposit limit.
Alfalah Islamic Target Savings Deposit
- Profit-bearing single-tiered term deposit: Earnings based on a single-tiered structure.
- Daily profit calculation: Profit is calculated on a daily basis.
- Monthly profit disbursement: Profits are paid monthly.
- Zero premature encashment fee: No fee for early withdrawal.
- Re-investment options: Available upon maturity with various installment plans.
- Multiple deposits: Can be booked at a single time.
Alfalah Islamic Recurring Value Deposit
- Profit-bearing single-tiered term deposit: Earnings are based on a single-tiered structure.
- Multiplied returns: Profit calculated daily and accumulated into the principal on a monthly basis.
- Profit disbursement at maturity: Paid out at the end of the term.
- Zero premature encashment fee: No penalty for early withdrawal.
- Re-investment options: Available with different installment plans upon maturity.
- Multiple deposits: Can be booked at a single time
Benefits
Falah Islamic Senior Citizens Term Deposit
- Free Accidental Death and Permanent Disability Takaful Coverage:
- Preferred Banking Services: Free services for maintaining a monthly balance of PKR 1 million or equivalent FCY deposit
Alfalah Islamic Foreign Currency Term Deposit
- Free Accidental Death and Permanent Disability Takaful Coverage
- Preferred Banking Services: For maintaining a minimum monthly balance of PKR 1 million or equivalent FCY deposit
Falah Term Deposits
- Free Accidental Death and Permanent Disability Takaful Coverage: With an average monthly balance of PKR 10,000/- in the checking account, covering up to PKR 2 Million.
- Preferred Banking Services: For maintaining a minimum monthly balance of PKR 1 million or equivalent FCY deposit.
Falah Mahana Munafa Term Deposit
- Free Accidental Death and Permanent Disability Takaful Coverage: With an average monthly balance of PKR 10,000/- in the checking account, covering up to PKR 2 Million.
- Preferred Banking Services: For maintaining a minimum monthly balance of PKR 1 million or equivalent FCY deposit
- Schedule of Charges: Applies to additional services.
Falah 3-Year Term Deposit Monthly Income Certificate
- Free Accidental Death and Permanent Disability Takaful Coverage: With an average monthly balance of PKR 10,000/- in the checking account, covering up to PKR 2 Million.
- Preferred Banking Services: For maintaining a minimum monthly balance of PKR 1 million or equivalent FCY deposit.
Alfalah Islamic Premium Term Deposits
- Free Accidental Death and Permanent Disability Takaful Coverage: With an average monthly balance of PKR 10,000/- in the checking account, covering up to PKR 2 Million.
- Preferred Banking Services: For maintaining a minimum monthly balance of PKR 1 million or equivalent FCY deposit.
Alfalah Islamic Target Savings Deposit
- Free Accidental Death and Permanent Disability Takaful Coverage: With an average monthly balance of PKR 10,000/- in the checking account, covering up to PKR 2 Million.
- Preferred Banking Services: For maintaining a minimum monthly balance of PKR 1 million or equivalent FCY deposit.
Alfalah Islamic Recurring Value Deposit
- Free Accidental Death and Permanent Disability Takaful Coverage: Available with an average monthly balance of PKR 10,000/- in the checking account, covering up to PKR 2 Million.
- Preferred Banking Services: For maintaining a minimum monthly balance of PKR 1 million or equivalent FCY deposit.