Yaqeen Employee Savings Account

MTB Yaqeen Employee Savings Accountis operated under Shari’ah compliant mode of Mudarabah, a form of partnership between the client and MTB Yaqeen. The depositor is the ‘Rab-ul-Maal’ or capital provider and the bank is the ‘Mudarib’ or user of the client’s funds. MTB Yaqeen allocates the funds to a deposit pool which is utilized under Shari’ah compliant modes of financing. Income from such financing activities are distributed between MTB Yaqeen and its client as per pre-agreed Income Sharing Ratio (ISR).

Key Features:

Any MTB employee (permanent or contractual) can open this account.
No minimum deposit is required to open an account or to earn profit.
Profit rate is derived from the pre-agreed Income Sharing Ratio (ISR) on monthly basis.
Profit rate may vary with the fluctuations of bank’s actual income.
Complimentary Services:
- Debit Card
- Account Statement on half yearly basis
- Internet Banking
- Cheque Book
- SMS Alert Service
- Countrywide Online Transaction

MTB

Key Features:

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