Falah Business Account If you have a business with large transaction volumes or an individual and in search of an account that can be managed conveniently, then Falah Business Account is the best choice to cater for your day to day banking needs. It comes with the flexible features of a current account and also gives monthly profits. It is a profit bearing deposit account designed on the foundation of ‘Mudarabah’, where Bank is the ‘Mudarib’ (manager of the funds) and you, the customer is the ‘Rabb-ul-Maal’ (owner of funds). Bank at its discretion, use or employ your deposited funds in Shariah compliant modes such as Ijarah, Murabaha and Musharakah. Bank Alfalah Islamic Banking will share the profit on the basis of predetermined profit sharing ratio. The rate of return on your deposit will be determined through a Shariah approved mechanism called weightages, which are announced before the beginning of each calendar month and shall remain applicable f...
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