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 |