Soneri Mustaqeem Meaadi Account

Soneri Mustaqeem – Meaadi Account is a term deposit receipt (TDR) for those customers who intend to retain their savings for a fixed period and seeking higher profits in a Shari’ah compliant way. This Term Deposits allow customers to save a fixed amount in Rupees for a set period ranging from 1 month to 3 years with the flexibility of monthly, quarterly, half yearly, yearly and at maturity attractive profit returns. The depositor has the option to reinvest the deposit automatically with or without profit option.

Soneri Mustaqeem Meaadi account is based on the Shari’ah principle of Mudarabah where the customer functions as a Rabb-ul-Maal (investor) and the Bank acts as the Mudarib (Working Partner). The customer not only gets return on his investments through deployment of funds in Shari’ah compliant modes but also benefits from a range of services catering to his banking needs.