Amal Women Priority Plus Account

Features of Amal Women Priority Plus Account
  • Account opened on Mudarabah basis
  • No minimum monthly balance requirement
  • Free unlimited Chq Books, Pay Orders, Duplicate Acct Statements and much more
  • Free State-of-the-Art DigiBank Mobile App & Internet Banking
  • Unlimited Online doctor consultations through TPL Life App
  • Discounts on Medicine Delivery and Lab test booking through TPL Life App
  • Free Takaful Coverages*
  • 50% discount on first year Locker Fee*
  • Customized Debit Card with Exclusive Discounts
  • Special Discounts on Consumer Finance Products*
  • And many more exciting benefits

*Terms & Conditions Apply

Takaful Coverages

Amal Women Priority Plus Account holders can avail free Takaful Coverages through our collaboration with TPL Life – Window Takaful Operations upon maintenance of required monthly average balance. Customers can avail the following privileges:.

  Silver Gold Platinum
Monthly Income for Family in case of Husband / Father Demise PKR 15,000 PKR 20,000 PKR 25,000
Takaful Coverage for Critical Illness (Female-Centric) PKR 250,000 PKR 375,000 PKR 500,000

Note: Customers will not be eligible to claim Health Care benefits in the months where previous month’s average balance falls below required criteria

Takaful Claims

Takaful Partner (TPL Life – Window Takaful Operations) will settle benefits claim. Faysal Bank will fully coordinate & guide account holders in this regard.

  • Customers with claims can contact TPL Life (Window Takaful Operations) Claim Center at +92 21 111 000 330 for re-imbursement of claim.
  • Customers can show the Power Card at selected Labs to avail the negotiated discounts.
  • Terms and conditions will apply
Special Rates & Discounts on Financing Products

Discounts on processing fee and special rates offered exclusively for Amal Women Priority Plus Account holders on Consumer Finance products.

Home Finance

  • 50% discount on processing fee
  • Discounted rate of KIBOR + 2%*

Auto Finance

  • 50% discount on processing fee
  • Discounted rate of KIBOR + 3%*

Islamic Personal Finance

  • Discounted fixed rate at 20%*

Islami Noor Cards

  • 100% waiver on annual fee for the first year*

*Limited time offer

Underlying Shariah Principle

Upon opening Amal Women Priority Plus Account, the account holder enters into a relationship based on Mudarabah with Faysal Islami. Under this arrangement, Faysal Islami is the ‘Mudarib’ (manager of the funds) and the customer is the ‘Rab-ul-Maal’ (owner of funds). These deposits are deployed in Shariah-compliant modes such as Ijarah, Murabaha and Musharakah. The rate of profit on your deposit will be determined through a Shariah approved mechanism for calculation of weightages, which will be announced at the beginning of each calendar month and shall be applicable for that month only. Amal Women Priority Plus Account will share in the profit earned through financing in different Islamic modes of financing. Losses, if any, will be shared in the proportion of investment by each depositor. Monthly weightages for profit distribution shall be calculated and displayed at all Faysal Islami Banking branches as well as our website

Note: All Taxes and Zakat are applicable as per Government regulations. Other account maintenance and transactional charges apply as per Faysal Islamic Banking Schedule of Charges (SOC).

Amal Priority Plus form 1