Sr. No. |
Description |
Allied Islamic Asaan Digital Account |
Allied Aitebar Asaan Digital Remittance Account |
Allied Aitebar Freelancer Digital Account |
| 1. | Eligibility Criteria | – Only natural persons
– Resident Pakistani Individuals |
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| 2. | Nature of Account | Current | Remunerative Current | Current |
| 3. | Islamic Mode of Contract | Qard | Mudharabah | Qard |
| 4. | Currency | PKR | PKR | PKR & USD |
| 5. | Profit calculation & payment frequency | Not applicable | Profit calculated on Monthly average balance and paid Semi-annually | Not applicable |
| 6. | Balance requirement | No Minimum balance requirement | ||
| 7. | Debit/credit limits | – Maximum credit balance limit of PKR 1,000,000;
– Monthly debit limit of PKR 1,000,000; |
– Maximum credit balance limit of PKR 3,000,000
– Fund transfer limit of PKR 500,000 per day – The account may also be fed through local credit to the extent of PKR 1,000,000 per month – No commercial remittances shall be allowed. |
– Monthly limit of USD 5,000 or equivalent (debit & credit limits shall be applied separately |
| 5. | Cash withdrawal Limits | Up to available Balance | Cash withdrawal limit of PKR 500,000 per day | Cash withdrawal limit of PKR 500,000/- or equivalent per day |