Minimum requirements with maximum convenience!

U Bank Islamic Banking offers a Shari’ah-compliant current account based on the Islamic principle of Qard. U Islamic Asaan Current Account fulfils your daily banking needs at your convenience and is specially designed for customers who may face challenges in providing extensive documentation for opening a bank account. This is the perfect Shari’ah-compliant banking solution for daily wage earners, skilled/unskilled workers, self-employed individuals, farmers, housewives, students, etc. to benefit from our bank account services.

U Islamic Asaan Current Account is the perfect choice for customers who wish for hassle-free, easy account opening without excessive documentation requirements. The account can be opened singly or jointly only by Pakistani resident individuals.

Islamic Concept

U Islamic Asaan Current Account is based on the Islamic principle of Qard, whereby the bank is a ‘debtor’ and the depositor is the ‘creditor’. This is a non-remunerative account where the bank is liable to pay the depositor’s money back to the customer on demand without any additional charges.

Your everyday banking needs fulfilled with peace of mind!

U Bank Islamic Banking offers the Ba-Aitmaad Current Account facility which is a non-remunerative current account that fulfils the daily banking needs of individuals and entities at their convenience, all within the rules of Shari’ah.

Free services, complete satisfaction!

U Islamic Salary Transfer Account is a transactional account that is specially tailored to match the daily financial needs of individuals, sole proprietors, partnerships, companies and payroll accounts, while offering them free banking services. This is a Remunerative Current Account, based on the Islamic principle of Mudarabah and is specially designed for customers who wish for exceptional banking services without paying for them.

Additional Benefits & Service Fee Waivers

(Tier 1) Basic Waivers – (PKR 25K – 99.999K)

By opening or maintaining a monthly average balance between Rs. 25,000/-to Rs. 99,999/-, customer will be entitled to the following free services:

• Cheque Book (25 leaves)
• Pay Orders Issuance & Cancellation
• Debit Card (Pay Pak)
• Account Statement & Certificates

 (Tier 2) Super Waivers – (PKR 100K & Above)

By opening or maintaining a monthly average balance of Rs. 100,000/- and above, customer will be entitled to the following free services:

• +All Tier 1 Basic Waivers
• Debit Card (MasterCard)
• Same Day Clearing

* Terms & Conditions are applicable.

Shari’ah Structure

U Islamic Salary Transfer Account is a Savings deposit product based on the Islamic principle of “Mudarabah” which is a kind of partnership, whereby customer will deposit funds on the basis of Mudarabah. The Bank will act as a Mudarib (Manager) and Customer will act as a Rab-ul-Maal (Investor). Funds under this Mudarabah arrangement will be invested in the deposit pool maintained by the Bank and the profit will be distributed as per pre-agreed Profit Sharing Ratio and Weightage announced by Pool Management.

Moreover, profit will be distributed as per approved prevailing U Bank Islamic Banking Profit & Loss Distribution and Pool Management Policy after Shari’ah Advisor’s approval.

Empowering Women with Shari’ah-Compliant Savings

U Bank brings a Shari’ah-compliant banking solution tailored exclusively for women seeking Riba-free returns on their savings while fulfilling their everyday banking needs with ease and convenience. Perfect for females who are salaried/self-employed, entrepreneurs, freelancers, students, or housewives, the U Islamic Noor Account offers attractive expected returns, free services, and exclusive offers and discounts in accordance with Islamic principles.

Minimum requirements with attractive returns!

U Bank Islamic Banking offers a Shari’ah-compliant saving account based on the Islamic principle of Mudarabah. U Islamic Asaan Saving Account has been specially designed for customers who may face challenges in providing extensive documentation for opening a bank account.

This is the perfect Shari’ah-compliant banking solution for daily wage earners, skilled/unskilled workers, self-employed individuals, farmers, housewives, students, etc. to benefit from our bank account services, while increasing their savings with lucrative returns.
This account can be opened singly or jointly by Pakistani resident individuals.

Savings with peace of mind!

U Bank Islamic Banking offers the Ba-Aitmaad Bachat Account, which is a Shari’ah-compliant remunerative saving account. With this account, individuals or entities can receive a return on their deposits through the Islamic mode – Mudarabah.

Savings with an optimized special profit!

U Bank Islamic Banking offers Samar Islami Term Deposit facility which is a Shari’ah-compliant remunerative term deposit account for individuals and entities, offering a complete range of short-term and long-term investment opportunities. Individuals or entities can receive a return on their deposits through the Islamic mode – Mudarabah.