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Behtreen Amdan Certificates

A term deposit with 3 month to 5 years tenor with a profit distribution according to the condition of the Islamic certificate

Name of the product Behtreen Amdan Certificates
Underlying Islamic mode PLS Deposit on Modarba basis
Acceptable currency PKR
Type of product Term
Minimum balance requirement, if anyt No minimum balance
Tenors (minimum and maximum) 1-month to 3-year
Profit calculation Daily closing balance
Periodicity of Profit distribution (Monthly, quarterly, annual, etc) As per terms and conditions of the Mudarabah Certificate.
Target Customers General Public
Service charges leviable if any As per Schedule of Service Charges
Other salient features/services Nil
Launch date of the product With the approval of SBP