Soneri Mustaqeem Youngsters Account

Pakistan is an emerging country, with children below 18 years of age making up approx. 45% of its total population in Pakistan (according to UNICEF Pakistan Annual Report 2020). Children play a vital role in keeping up at the national and international front through their contribution. A country moves on in the right direction of prosperity with the contribution of children.

Children have unique banking needs. Having an exclusive bank account for Children incorporates a variety of kids-focused activities such as savings, financial education and entrepreneur development to empower kids in Pakistan.  This is a critical time to harness kids’ capacity for learning and provide them with solid financial services.

Keeping this objective in view and in line with the requirement raised by Business/Branch Banking of Soneri Mustaqeem Islamic Banking Team, a new Saving (Mudarabah) based deposit product, having features as described further ahead in its product details, are accordingly proposed to be developed and launched under the Brand of “Soneri Mustaqeem Youngsters Minor Saving Account”.