| Product Name | Allied Aitebar Behtar Munafa Certificate |
| Eligibility | All Account Holders (Existing and New) – individuals as well as businesses |
| Type | Term Deposit (Certificate) |
| Terms/Tenors offered | · 1 Month (Profit payment only on Maturity)
· 3 Months · 6 Months · 1 Year |
| Profit payment frequency | . At monthly (for 3 month, 6 month and 1 year tenors)
. At maturity |
| Minimum & Maximum Investment Requirement | Minimum: Rs.25,000/-
Maximum: No Limit |
| Reinvestment (Roll Over) | Allowed |
| Pre-Maturity encashment
(Early redemption) |
. No premature charges or termination fees will be charged on any type of certificate.
. The profit rate of nearest completed period of Allied Islamic Investment Certificate shall be applied. |
| Zakat Deduction | Zakat will be deducted as per the Zakat & Ushr Ordinance 1980, unless Zakat exemption certificate is submitted. |
| Withholding Tax on Profit | All taxes and levies are applicable as per prevailing Income tax provisions/ Government rules. |