SMS Banking
Online Banking
Mudaraba Savings Accounts


Product Description:

The Accounts will be based on the Islamic financial structure of Mudaraba, allowing the Bank’s customers to receive profit on their deposited funds.

Under the Accounts, the customer enters into a Mudaraba arrangement with the Bank, whereby the customer authorizes the Bank to invest the customer’s funds in Shariah compliant transactions with the aim of generating profit. The customer and the Bank agree on the terms of the Mudaraba including, among others, the investment amount, Profit-Sharing Ratio (“PSR”) and Expected Profit Rate (“EPR”). The Bank invests the funds available in the customer’s Account in different Shariah-compliant investment transactions (such as financing the Bank’s customers wishing to purchase properties, purchase and sale of Shariah-compliant instruments (such as Sukuk) or through placements with other Islamic banks/windows) and pays the due profit to the customer’s account on the relevant date(s). Any profit exceeding the Expected Profit will be given to the Bank as a reward for good performance.

Account Features

Currencies AFN, USD
Minimum Balance Not Required
Profit Calculation Min balance available on any day of the month
Profit Distribution Mechanism (PDM) PDM to run on monthly basis, and profit distribution will be on quarterly basis
Profit Payment Quarterly
Withdrawals Permitted at any time
Rollover Not Required
Cheque Book Issuance Not Required
Overdraft facility Not Required
Account Statement Monthly
Fall below min fee Not Required
Maintenance Fee Not Required
Closure Charges Not Required
Facilities / Benefits 1) Free SME Alert Upon Debit and Credit
2) Free Debit MasterCard and Af-Pay Card Issuance
3) Free Monthly statement will be sent to customer
4) Free Balance Inquiry
5) Free Online banking Facility
Debit ATM card N/A
Dormancy Fee N/A
E-channel services Online banking, mobile banking, SMS alert upon deposit and withdrawal

For Further, information and inquiries please visit your nearest branch or contact us through:


Helpdesk: 599 – +93(0) 790010105 (Saturday to Wednesday 8:00 AM up to 4:00 PM and Thursday from 8:00 AM up to 1:00 PM)

WhatsApp No: +93 790010104