Premier Bank Limited

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Mudaraba Hajj Savings Scheme is opened under the Mudaraba principle of Islamic Shari’ah. Under the above principle the client is the owner of the fund (Shaheb-Al Mal) and the Bank is just Manager of the Fund (Mudarib). This scheme is basically a savings scheme for any Muslim citizen intending to perform the holy Hajj by building up savings on monthly installment basis that may be required in future to meet his/her Hajj related expenses.

• Fully Shari’ah compliant
• Profit is calculated on daily closing balance
• Can be opened for any tenor between 1 to 20 years

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• Complete account opening form
• Personal Information of Account Holder
• 2 copiesof passport size photograph of Account Holder duly attested by introducer
• 1 copy passport size photograph of nominee duly attested by Account Holder
• Identification proof like National ID Card/Passport/Driving License ofAccount Holder
• Signature of Introducer (if required)
• Updated TIN Certificate
• Minimum Account opening deposit will be the installment size mentioned in the Form