Introduction and History

Faysal Bank Limited was incorporated in Pakistan on October 3rd, 1994 as a Public Limited Company
under the Companies Ordinance, 1984. The Bank's shares are listed on Pakistan Stock Exchange. Faysal
Bank is occupied with Commercial, Retail, Corporate and Islamic financial exercises. Barkat is the
committed Islamic Banking Division of Faysal Bank offering Shariah consistent financial products and
services for all segments of the market through its 197 full-fledged Islamic financial branches.
Faysal Bank's standing presently spreads over in excess of 150 cities with more than 455 (counting 255
Islamic) branches. With total assets in excess of PKR 599.914 Billion, putting it among the huge players
in Pakistan's financial industry. Faysal Bank's desire is to give par excellence service to its clients while
meeting their money related requirements.
Faysal Bank Limited has been properly authorized as a Commercial Bank by the State Bank of Pakistan
(SBP). Barkat, the devoted Islamic Banking division of Faysal Bank has likewise been given the permit to
work as an independent division having separate Islamic activities from ordinary. It continues banking
business exercises in accordance with the Banking Companies Ordinance, 1962.
Faysal bank also launched Faysal Asset Managemnet Limited (FAML) in 2003 which is an asset
management company. FAML brings together the collective financial expertise and investment
experience of Islamic Investment Company Of gulf, with its extensive global fund management
experience which makes Faysal Bank a premier commercial bank. The joint venture partners have
international expertise of managing funds in diversified markets round the globe.
FAML has a strong management team and a research based investment structure geared towards
providing quality service to its clients. A dedicated research team for each fund works under the
supervision of internal investment committee, which is headed by the CEO.

Conventional Banking

All details and information regarding all products and services of Faysal bank can be reached here:
https://www.faysalbank.com/

Accounts

Current Accounts

 Asaan Current Account

Initial deposit of Rs 100.

No minimum balance required.
Total debit transactions per month and total credit balance limit not to exceed Rs.500000/-

 Basic Banking
 Account can be opened with an initial deposit of Rs. 1,000/
No minimum balance requirement.
Maximum of two free deposits and withdrawals through counters/clearing are allowed in a
month.

 Business First

There are different categories in this in which you get specific offers for maintaining monthly
average balances of Rs.50000, 1000000, 3000000.

 Sahulat

Faysal Sahulat Current Account addresses your need for instant access to your account from any
branch of Faysal Bank nationwide. There is no limit on the number of transactions you can make.
Minimum Monthly average balance of PKR 25,000/- should be maintained
On maintaining monthly average balance of Rs. 50,000/- or more, following facilities are
provided free of charge
1. Free Unlimited Cheque Book
2. Free Unlimited Pay Orders / Demand Drafts
3. Free Unlimited Duplicate Account Statements

Savings Accounts

 LifePlus

No Minimum balance requirement

Profit is calculated on monthly average balance and paid to you on a monthly basis according to
the percentage meeting the criteria.

 Moavin

Minimum Monthly average balance of PKR 50,000/- should be maintained

Profit is calculated on your monthly average balance and paid to you on a monthly basis
No limit on number of transactions that can be made each month
You can easily access your account through cheque book and ATM/Debit Card.

 Market Link

Attractive profit rates for you that are linked with KIBOR (Karachi Interbank Offered Rate).*
Minimum Monthly average balance of PKR 500,000/- should be maintained
Attractive profit rates. You are provided with an incentive to save more through a tiered profit
structure.
Profit is calculated on your monthly average balance and paid to you on a monthly basis.
No limit on number of transactions that can be made each month.
You can easily access your account through cheque book and ATM/Debit Card.
  Premium

Minimum Monthly average balance of PKR 100,000/- should be maintained

Profit is calculated on your monthly average balance and paid to you on a monthly basis
No limit on number of transactions that can be made each month
You can easily access your account through cheque book and ATM/Debit Card.

 PLS Savings

Account can be opened with an initial deposit of Rs. 100/-

No monthly average balance requirement.
Profit is calculated on the monthly average balance.
Profit is paid semi-annually.

 Asaan Saving

Initial Deposit of Rs.100/-

No minimum balance requirement.
Profit is calculated on the monthly average balance.
Profit is paid semi-annually.

Foreign Currency Accounts

 FCY Savings Plus

Account can be opened in US Dollar, Pound Sterling or Euro currency

Minimum monthly average balance requirement is mentioned below:
USD 500
GBP 300
EUR 350
Profit is calculated on your daily balance
Profit is paid on a semi- annually basis.

 FCY Current Account

Account can be opened in US Dollar, Pound Sterling or Euro currency

Minimum monthly average balance requirement is mentioned below:
USD 500
GBP 300
EUR 350

 FCY Term Deposit

Account can be opened in US Dollar, Pound Sterling or Euro currency.

Tenures from 7 days to 1 year.
Annual, monthly, quarterly and six monthly profit payment option available.
Profit is subject to withholding tax.
  Mahfooz Sarmaya

Account can be opened in US Dollar, Pound Sterling or Euro currency

Minimum monthly average balance requirement is mentioned below:
USD 500
GBP 300
EUR 350
No restriction on number and frequency of withdrawals.
Profit is calculated on monthly minimum balance.
Profit is paid on Semi – annually basis
Profit is subject to withholding tax.

Term Deposit Accounts

 Izafa

Minimum investment of Rs. 25,000/ is required.

Attractive profit rates *
Flexible tenure options ranging from 1, 3 and 6 months as well as 1, 2 and 3 years.
You have an option to avail profit payments on annual, semi-annual, quarterly or monthly basis

 Izafa Premium

Attractive profit rates *

Flexible tenure options ranging from 1, 2 and 3 years.
Minimum investment of Rs. 100,000/ is required.
You have an option to avail profit payments on annual, or monthly basis.

Loans

Lending

 Faysal Flexi Credit

Get loan amount starting from PKR 50,000 up to PKR 500,000 (can be up to PKR 2 million
subject to the Income and Debt Burden Ratio (DBR).
Mark-up charged on utilized amount only

 Faysal Car Finance

Fast and Hassle-free application process

Flexibility in selection of cars (locally manufactured as well as imported vehicles)
Facility against brand new as well as used vehicle
Financing amount up to 85% of the value of vehicle
Financing tenure from 1 to 7 years
Partial Pre-payment facility available
 Co-Partner facility available
Early settlement option
Takaful coverage from reputable Takaful Companies on FBL Panel
Tracker will be installed in vehicles for maximum safety.
Installments start after vehicle delivery
No processing fee until financing approval
Up to 9-year old vehicle can be financed

 Faysal Personal Installment Loan

Upgrade your lifestyle

Long awaited vacations
Educational expenses
House renovation
Unexpected expenses
Spend with ease:

 Faysal Auto Cash

Loan amount from PKR 50,000 – Up to PKR 5,000,000 or up to 85% of your Car’s worth
Attractive markup rates
Easy monthly Installment
Flexible tenures ranging from 12 to 60 months for repayments

Mortgage

 Faysal Home Finance

Home Purchase
Home Builder/ Plot + Construction
Home Renovation
Home Re-finance (Transfer existing home finance facility)

Quick processing with minimum documentation

Minimum Limit PKR 500,000/- and Maximum 100 Million or up to 75% of the appraised value
of your property
Tenure from 1 to 20 years (For Home Renovation minimum 2 and maximum is 15 Years)
Flexibility to make Partial Pre-payments

Credit cards

 World Credit Card

 Platinum Credit Card
 Titanium Credit Card
 Mc2 Credit Card
 Airblue Credit Card
 Airblue Credit mc2 Credit Titanium Credit Platinum Credit World Credit
Card Card Card Card Card

Limit 100K-200K 100K-200K 200K-400K 400K-700K 500K+

Annual PKR 2,400-PKR PKR 2,400-PKR PKR 6,000 PKR 8,000 PKR 15,000
Fee 4,500 4,500

Minimum 18 Years 18 Years 18 Years 18 Years 18 Years

Age

Minimum PKR 30K- PKR PKR 30K- PKR PKR 50K- PKR PKR 200K PKR 500K
Income 50K 50K 100K

Discounts Upto 15% Upto 15% Upto 15% Upto 20% Upto 20%

Airport Gold Karachi Gold Karachi Local: Karachi, Local: Karachi, Local: Karachi,
Lounge Only Only Lahore, Lahore, Lahore,
Islamabad Islamabad Islamabad
International: International: International:
Select airports Select airports, Select airports,
Priceless Arabia Priceless Arabia Priceless Arabia

Reward 1 blue mile on 1 reward point 1 reward point 1 reward point 1 reward point
Award every PKR 50 on every PKR 50 on every PKR 75 on every PKR 50 on every PKR 50
spend spend, Double spend, Double spend, Double spend, Double
reward points on reward points on reward points on reward points on
international international and international international
Spend grocery spend Spend Spend
 E banking

Debit Cards

All cards have different criteria and offers and give different limits.

 Pocketmate Visa Debit Card

 UnionPay Debit Card
 PayPak Debit Card

Mobit

 Mobit – The App

With Mobit App, we give you instant banking solutions at your fingertips so that you can not
only manage your accounts, but also enjoy great deals and discounts, find ATM’s, branch
network, and much more!
Now it’s easy to bank 24/7, right from your Android™ or IOS™ device.

 Mobit Internet Banking

Introducing Mobit Internet Banking, the perfect mix of convenience and empowerment where
you can access and control your finances, while you are on the go. With Mobit, we give you
instant banking solutions at your fingertips so that you can relax and enjoy peace of mind no
matter where you are.

 Mobit Virtual Card

Want to shop online? No worries! Faysal Bank, in partnership with MasterCard, becomes the first
ever commercial bank in Pakistan to introduce Mobit Virtual Card that allows you to make
worldwide online purchases safely, with more control over spending.

SMS Facility

 SMS Alert

Faysal Bank introduces Faysal SMS Alerts, a service that enables you to keep track of your
transactions. Now you can receive real-time SMS updates for transactions conducted on your
account to stay on top of your finances with confidence.

 SMS Banking

Faysal Bank introduces Faysal SMS Banking, a service that provides you an ease to make
inquiries on important information about your account. Receive real-time SMS updates for your
 account balances and transactions conducted in your account to stay on top of your finances with
confidence.

E-Statement

 e-Statement

The e-Statement facility enables you to view your Current / Savings / BTF accounts along with
your Credit Card and Debit Card activities 24 hours a day, 365 days a year from anywhere in the
world.

Wealth management

Saving and Investment Plans

 Protection and Growth

This plan allows you to save on a regular basis and will provide you a lump sum benefit upon
maturity to secure your long term financial goals
Minimum payment tenor for this plan is 10 years
Significant insurance coverage with minimum sum assured of 5 cover multiples (of annual
premium)
The premium contributed is allocated to provide Insurance and Investment with 100% premium
allocation from the third year of the policy.

 My Child’s Future Plan

This plan allows you to save for your child on a regular and long term basis.
The premium contributed is allocated to Insurance and Investment with 100% premium allocation
from the third year of policy.
All your invested premiums are completely secured. This means at maturity of the plan you
always get the higher of your total contributions or cash value of the policy
In the event of death of the policy holder, Built-in Continuation Benefit will ensure that the funds
which you had planned for your child, will still be available.

 Saving & Saving Plus Plans

Enhance your protection by selecting all or any of the optional riders

100% allocations from 3rd year & onwards with bonus allocations starting from year 6
Flexibility of making premium payments yearly, half-yearly, monthly & quarterly

Exclusively designed for High Net worth Individuals

Decide the level of protection according to your needs
Insurance coverage up to 15 years with a premium payment term of only 5 years
  Shelter for Life

Highest investment allocation along with significant level of insurance coverage.

Enjoy guaranteed loyalty bonuses on 5th, 10th, 15th and 20thyear of your policy to maximize
returns.
You have the option to boost your cash value any time during the term of the plan through ad-hoc
investment option. All ad hoc investments are allocated at a net value of 102%.
Option to choose from multiple funds based on your risk appetite.
Optional built-in Monthly Annuity Benefit is provided to customers who want to avail their
maturity cash value on a monthly basis.
Minimum Contribution payment term 10 Years

Health Insurance

 Life Secure Plan

Accidental Death Coverage

Accidental Medical Reimbursement
Critical Illness Benefit
Hospitalization Income

 Health Care Plan

Room Coverage
In patient Hospitalization
Pre and Post hospitalization benefit
Lacerated Wound & Fractures
Intensive Care Treatment
Life Insurance Coverage
Hassle-free Enrollment Process
Miscellaneous Expenses:
Credit Facility (Cashless Cover)

 Health and health plus Plans

Hospitalization Benefit
Pre-Hospitalization Benefit
Post-Hospitalization Benefit
Family Enrollment
Credit Facility (Cashless Cover)
Reimbursement Facility
Day Care Procedures
Specialized Investigation
Emergency International Coverage
Hassle-free Enrollment Process
Miscellaneous Expenses
  Family Health Plan

Room Entitlement & Annual Family Limits

In patient Hospitalization
Pre-hospitalization benefit
Post-hospitalization benefit
Day care Procedures
Specialized investigations
Emergency International Coverage
Hassle-free Enrolment Process
Miscellaneous Expenses:
Credit Facility (Cashless Cover)

Life Insurance

 Protect Smart

Protect Smart is a very unique and term life insurance developed through a distribution agreement
with IGI Life Insurance Ltd.

Natural and Accidental death coverage under one umbrella

Up to a maximum of PKR 4,000,000 of cover
Additional Monthly income benefit in case of accidental death (for standard and family package)
Coverage for suicide after 18 months of subscription
Coverage of Pre-existing Medical conditions

General Insurance

 All Rounder Plus

Individual coverages
1. Home structure as well as its contents and valuables
2. Cash and jewelry
3. Personal accident
4. Personal documents

 Cash Withdrawal

With our special and diverse menu of Banc assurance Solutions we help you plan ahead for
unforeseen eventualities.

 Credit Protection Plus

Faysal Bank offers through a distribution agreement with EFU Life Assurance to its card
members a new and powerful protection cover, as we understand that life can be unpredictable. In
the event of Permanent Total Disability, Temporary Total Disability, Terminal Illness, Critical
 Illness or Death due to any cause (subject to the exclusions), the outstanding balance will be
waived, without causing any inconvenience to your loved ones.

 Travel Care Plan

Travel Care Plan – being offered through a distribution agreement with EFU General has been
specially designed to cater VISA requirement and to provide you and your family financial
protection to avoid any unforeseen contingencies during the international trip.

Investment Products

 Faysal Asset Management Ltd. Funds

Faysal Asset Management Limited (FAML), a subsidiary of Faysal Bank Limited, is a leading
Investment Management Company that offers a structured product suite comprising of diversified
funds and investment advisory services to Corporations, Trusts, Institutions, High Net worth
Individuals and Retail Investors.

 CPPI Methodology

CPPI or “Constant Proportion Portfolio Insurance” is an internationally recognized methodology

with a highly versatile and flexible framework that allocates the Portfolio Investments between
equity and debt instruments in a way that the exposure to equity is increased as equity market
rises and reduces exposure to equity as equity market declines.

Key Features:

Diversified portfolio of investments managed by experienced professionals

Exposure to equity markets with active allocation strategy.
All investment decisions are backed by rigorous in-depth research.
Minimum investment of PKR 3.25 MN

Corporate

Corporate financing

Faysal Bank Limited is completely equipped to address the changing monetary difficulties present in
Pakistan. We are consistently endeavoring to assemble important associations with our clients and
become accomplices in their development and advancement by going about as money related guides and
advisors just as lenders. Our Corporate Finance Group broadens both short and long term financing
offices intended to satisfy the individual need of each corporate client.
Financial Institution

Faysal Bank's Financial Institutions (FI) Group is focused around giving a wide range of correspondent
banking services to clients through our solid associations with numerous worldwide monetary
establishments, guaranteeing access to our clients to all the major worldwide budgetary center points. The
above arrangements ensure most efficient settlement of import & export payments and foreign receipts/
payments of our customers. In addition to these global correspondent banking relationships, we also
maintain inland correspondent banking arrangements with large local banks to ensure coverage
throughout the country.
Our trade finance services, in addition to provision of standard trade products including letters of credit,
foreign & local currency trade bill discounting, guarantees, import & export loans and Export Refinance,
offers advisory services on large ticket structured trade financing requirements of the customers. These
include arrangement of cross border trade confirmations and trade related commercial & country risk
syndications. Our onshore specialized trade services include supply chain solutions for our corporate
customer base, including vendor/ supplier & distributor focused structured trade financing solutions.
Emirates nbd

Direct Remit is your fastest way to transfer money from UAE to Pakistan, It enables your loved ones to
transfer money from the comfort of their home or office for free, without any hassle. Plus, the competitive
foreign exchange rates ensure that you get more value for your money.

Following are the salient features of this offer:

 60 seconds transfer to Faysal Bank accounts

 60 minutes transfer to any other bank in Pakistan
 Free transfer with no remittance fees

To transfer money instantly through Direct Remit, you can log on to Emirates NBD Online Banking or
use the Emirates NBD Mobile Banking App on their phone.

Home remittance

Faysal Bank Ltd has been at the forefront in providing the best banking solutions tailored to the ever
changing requirements of customers. The Bank has state of the art solutions to manage home remittances,
and a constantly increasing number of global relationships. The expanding network of Faysal Bank
branches will contribute in bringing smiles and happiness to its customers by disbursing home
remittances received from our partner’s agents globally. Faysal Bank LTD home remittance beneficiaries
may receive payments sent by our dedicated partners via the following payment modes:

• Cash-over-Counter payments for walk-in customers at Faysal Bank branches

• Instant Account Credit to Faysal Bank Ltd account holders

• Instant Account Credit to 1Link member bank account holders through IBFT

• Same Day Account Credit to other bank account holders via PRISM / RTGS
Investment banking

Faysal Bank Limited maintains one of the leading Investment Banking (IB) outfits in the country. During
the last decade, FBL’s team of IB professionals and product specialists have structured and successfully
concluded numerous innovative and large ticket transactions which is a testament of our continued
commitment to our customers and contribution to the development of the financial and capital markets of
Pakistan. FBL’s Investment Banking team comprises of the following units:

Project & Structured Finance (PSF):

Project & Structured Finance team provides advisory and debt arrangement services for structuring and
financing of long-term greenfield and brownfield projects on non-recourse or limited recourse basis. The
PSF team offers advisory, structuring, execution and monitoring services for projects of national and
strategic significance.

Syndications & Debt Capital Markets (DCM):

The Syndications & Debt Capital Markets team offers a variety of highly customized products to a
diverse set of customers as per their needs. These requirements may include medium to long-term
financing for capital expenditure, capacity expansion and mergers & acquisitions. FBL’s DCM team also
enables credit risk distribution with other financial institutions through syndicated financing arrangements
along with speedy access to local and offshore debt capital markets.

Equity & Advisory (E&A):

Our E&A desk provides sell-side and buy-side advisory on merger & acquisition (M&A) transactions,
facilitates in business valuations & price discovery along with providing access to equity capital markets.
FBL’s E&A services include:

 Advisory Services: The role of E&A team encompasses a wide range of advisory services for
restructuring, mergers & acquisitions, right issues and listing. Moreover, the team also facilitates
building of financial models on request and conducts business valuation based on financial
models and feasibility studies.
 Underwriting Services: Our E&A team provides underwriting services for initial public
offerings (IPOs), right shares etc. for assisting the development of equity markets in Pakistan.
Moreover, FBL has also acted in its capacity as the Bankers to the Issue (BTI) for various
transactions.

Trade financing

Faysal Bank has established a strong presence globally in Trade Financing through its network, affiliates
and correspondents. The Bank has conveniently maintained relationships with major banks in the
international financial market and continues to develop new ones wherever needed. Our Trade Finance
services include a full range of import, export and guarantee products, thus offering tailor-made solution
to fit the individual need of each customer.
 Cash Management

FBL offers full range of Cash Management / Transaction Banking services aimed at enhancing clients’
liquidity position, reducing operational cost and improving financial control via accurate and timely
reporting. Our success is primarily attributed to customized solution offerings, team expertise and
technology-based product strategy.

Agri

Faysal Khushaal Kisaan

FBL offers a wide variety of financing products to cater to all types of Farm and non – Farm agricultural
and agro- based activities. As a result of its focused approach and sustained lending policies, FBL has
established its identity as a market leader among its peers in the area of agricultural financing. All
branches of FBL located in agricultural areas of Pakistan are well equipped to provide the best services to
local farmers in order to improve the yield and methods of farming, by offering timely and affordable
financing for all purposes detailed in SBP’s list of eligible items for Agricultural Loans.

Treasury

Treasury & Capital Markets

Faysal Bank Treasury has carved out a niche for itself as a dominant participant in the Financial Markets.
The focus of our Treasury Department is predominantly client centric where we use extensive experience
and expertise in providing balance sheet solutions to our vast and diverse client base by offering a wide
range of Fixed Income (Sovereign as well as Corporate) and Foreign Exchange products. Faysal Bank
Treasury strives to broaden its product offering to better facilitate its clients and cater to their ever
changing needs in order to reach our goal of becoming a solution provider of choice.

Faysal – Self Invest

Faysal Bank takes pride in providing the first of its kind online trading platform “Faysal – Self invest”
wherein our MOBIT customers have the opportunity to manage their own Government of Pakistan
Securities portfolio with Faysal Bank. Faysal – Self Invest enables customers to experience end to end
process of Investors Portfolio Securities services from IPS account opening to transacting in Government
Securities on real time basis.

Solitaire

The Solitaire has been designed around your exclusive lifestyle to give you a unique banking experience.
This includes exclusive products like solitaire lounges, platinum cards, international visa benefits, valet
solutions, e-banking and other unique products and services.
 Islamic Banking

All details and information regarding all products and services of Faysal bank can be reached here:
https://www.faysalbank.com/en/barkat/

Barkat is the dedicated Islamic Banking Division of Faysal Bank. We offer Shariah compliant banking
products and services for all segments of the market through our full-fledged Islamic banking branches.
Our staff is highly trained, well-experienced, and committed to promoting the cause of Shariah
compliant financial services.

All products and services of Barkat Islamic Banking are approved and operated under the supervision of
our Shariah Board.

Accounts and Finance

Deposit Products

 Current Account

Available in PKR and Foreign currencies (USD, Euro and GBP)

Nationwide online access to your account through any Faysal Bank branch
24-hour access to your account through Faysal Bank’s Call Centre and ATM network, as well as
all other 1-Link/ MNET ATMs countrywide

 Savings Account

Available in PKR and FCY (USD only)

1. PKR Account can be opened with as low as Rs. 100/-
2. FCY Account can be opened with minimum USD 1000/-
No average deposit balance required to earn profit
Unlimited transaction facility
Profit calculated on monthly average balance and paid monthly

 Faysal Islamic Kamil Business Account

Faysal Islamic Kamil Business Account is a saving account that offers the option to avail a wide
range of free banking services according to the package you qualify for – based on your previous
monthly average balance.

This account is opened on the basis of ‘Mudarabah’, where Faysal Islamic Banking is the
‘Mudarib’ (manager of the funds) and the customer is the ‘Rabb-ul-Maal’ (owner of funds).
 These deposits are deployed in Shariah compliant modes such as Ijarah, Murabaha and
Musharakah.

1. Customer maintaining a previous average monthly balance of minimum PKR 50,000 will
be classified in the Silver category.

2. Customer maintaining a previous average monthly balance of minimum PKR 1,000,000/-

will be classified in the Gold category.

3. Customer maintaining a previous average monthly balance of minimum PKR 3,000,000/-

will be classified in the Platinum category.

 Investment Certificate

Available in PKR and FCY (USD Only)

1. Minimum amount required for PKR investment is Rs. 50,000/-
2. Minimum amount required for FCY investment is USD 5,000/-
Range of tenures: 1 month, (PKR investments only) 3 months, 6 months and 1 year
Monthly (PKR investments only) as well as maturity profit payment options available
Options for automatic renewal
Premature withdrawal option available with no penalty charge

 Basic Banking Account

Account can be opened with an initial deposit of Rs. 1,000/- only

No minimum balance maintenance charges
Unlimited complementary withdrawals through Faysal Bank ATMs.
2 free deposits and 2 free withdrawals per month through cash/clearing.

 Asaan Current Account

Initial deposit requirement of Rs. 100/-

No minimum monthly balance requirement
Total debit transactions per month and total credit balance limit not to exceed Rs. 500,000/-
(Rupees five hundred thousand only)

 Asaan Savings Account

Initial deposit requirement of Rs. 100/-

No minimum monthly balance requirement
Profit is calculated on the average balance of the month and paid semi-annually
Total debit transactions per month and total credit balance limit not to exceed Rs. 500,000/-
(Rupees five hundred thousand only)
  Call Deposit Receipt

Call Deposit Receipt (CDR) is the amount of money kept by the customer on call i.e. the
customer may come to the bank anytime asking for the withdrawal of the money.

The Funds credited in Barkat CDR, are treated as “Qard”.

1. No profit shall be paid on CDR

2. No Zakat and withholding tax
3. There is no fixed tenor
4. The amount of CDR can be withdrawn anytime
5. The receipt is a non-negotiable item

 Barkat LifePlus Saving Account

No minimum monthly balance requirement.

Unlimited transaction facility.
Profit calculated on monthly average balance and paid monthly.
Joint Account allowed, however the age of the primary account holder should be at least 55
Years at the time of account opening.

 Barkat PayCheq Plus Savings Account

Employer Benefits

Payroll Software at Employer’s Premises

Reduced Payroll Administration Cost
Dedicated Relationship Managers
Relaxed Risk Parameters

 Barkat Muntazim Savings Account

Account can be opened with as low as Rs.100/-

No average deposit balance required to earn profit
Unlimited transaction facility
Profit is calculated on the monthly average balance and paid semi-annually

Barkat Consumer Finance Products

 Faysal Islamic Car Finance

Fast and Hassle-free application process

Flexibility in selection of cars (locally manufactured as well as imported vehicles)
Facility against brand new as well as used vehicle
 Financing amount up to 85% of the value of vehicle
Financing tenure from 1 to 7 years
Partial Pre-payment facility available
Co-Partner facility available
Early settlement option
Takaful coverage from reputable Takaful Companies on FBL Panel
Tracker will be installed in vehicles for maximum safety.
Installments start after vehicle delivery
No processing fee until financing approval
Up to 9-year old vehicle can be financed
Property rental Income can be considered as primary income or additional to the basic income

 Faysal Islamic Home Finance

Home Purchase
Home Builder/ Plot + Construction
Home Renovation
Home Re-finance (Transfer existing home finance facility)

Quick processing with minimum documentation

Minimum Limit PKR 500,000/- and Maximum 100 Million or up to 75% of the appraised value of
your property
Tenure from 1 to 20 years (For Home Renovation minimum 2 and maximum is 15 Years)
Flexibility to make Partial Pre-payments

Business Banking

Products

 Murabaha

Murabaha is a sale transaction where the seller discloses the cost and profit to the buyer at the
time of execution of sale. Murabaha is a short term Islamic facility for meeting asset based
working capital requirement of customers under which FBL sells the required asset to the
customer on spot or deferred basis.

 Istisna’a

Istisna is a type of sale transaction where the buyer places an order with the seller to
manufacture certain asset and the sale is completed upon delivery of the asset to the buyer.
Istisna is used for providing financing facility for transactions where customer is involved in
manufacturing or construction. Under Istisna Financing transaction, the client manufactures
 goods for the Bank and upon delivery of the goods to the Bank, the client is appointed as Agent
of Bank to sell those goods in the market.

 Diminishing Musharakah

Diminishing Musharakah financing facility is based on the concept of Shirkat ul Milk & this
product will focus on the customers who are looking to avail financing by creating joint
ownership of the bank & the customer in a particular asset. After creation of co-ownership, the
Bank will then rent out its portion in the asset to the customer for periodic rental payments and
in the meanwhile customer would also periodically purchase Bank’s partial ownership in the
asset such that the Customer would become the sole owner of the asset at the maturity of the
transaction.

 Running Musharakah

Running Musharakah product is based on the principle of “Shirkat-ul-Aqd”. Under this product,
FBL and Customer will enter into Musharakah transaction as per which FBL from time to time
will invest in identified primary and operating business activities of the Customer. This product
offers the customers a flexibility of drawing and depositing funds with FBL at choice. At the end
of the transaction period, FBL and Customer will share the profit relevant to the identified
segment as per the agreed profit sharing ratios while the Loss (in case of any) would be shared
as per the investment ratio.

 Ijarah

Ijarah lexically means to give something on rent. Under Ijarah transactions, the Bank will
purchase the asset and then rent out to the customer for particular time period. Faysal Bank
provides Ijarah based products to provide flexible solution to meet medium/long term financing
requirements of the customers. This product is used for the financing of assets such as plant,
machinery, generators, equipment etc

 Trade Services

Faysal Barkat Islamic Banking provides the following trade related services to its valued
customer under Shariah Compliant modes of finance:

Letter of Credit
Short-term Import Financing
Finance against Imported Merchandise
Long term Import Financing
Export Financing
Guarantee Service
 Wealth Management

Takaful and Investment Plans

 Himayat Al’Usra Plans

Himayat Al Usra plans are a suite of Investment-Linked Family Takaful plans, that allow you to
invest in Shari’ah Compliant investment funds, while availing a sizable Takaful coverage. These
plans allow you to contribute as per flexible schedule and tenors that can be tailored to your
specific needs.

Key Features:
High level of investment allocations with Takaful coverage
Free Built in 2 million free accidental death coverage during Hajj
One time 50% allocation benefit based on key milestones (Education, Wedding or Retirement)
Guaranteed Bonuses on 5th, 7th & 10th year to maximize returns
Unique waiver of contribution rider on Death & Disability
Minimum Contribution payment term 10 Years

 Takaful Saving Plan

Takaful Saving Plan is an insurance and investment plan that allows you to save and invest in a
Shariah compliant (Islamic) manner while enjoying a significant level of family takaful coverage.
You can now safeguard the future of your loved ones!

Key Features:
Secure your long-term financial goals; such as children’s education, marriage, retirement
planning
Significant level of family Takaful coverage
Regular contributions invested in a diversified portfolio of Islamic funds
Flexible plan which allows you to save on a regular basis, while having a choice to select an
investment mechanism that suits your risk appetite
Lump sum payment upon maturity
Management of your investments by professional fund managers

 Takaful Save and Protect Plan

Takaful Save and Protect Plan is a high coverage Shariah compliant product, structured to help
you conveniently build your long-term savings and ensure that your family is protected against
any unforeseen events.

Key Features:
Opportunity to save and invest in Shariah Compliant avenues
 Built-in basic Takaful Benefit that allows the beneficiaries to receive the fund in case of death of
the Participant during the tenure of the plan.
High non-medical coverage levels
Quick processing: Online Takaful policy assessment/ underwriting

 Takaful Secure Future Plans

This a suite of Shariah compliant plans that allow you to invest your funds in line with religious
principles while availing a significant level of Takaful coverage.

Key Features:
This plan allows you to save on a regular basis and will provide you a lump sum benefit upon
maturity to secure your long term financial goals.
Minimum tenor for this plan is 10 years
The contribution is allocated to provide Takaful Coverage and Investment with 100%
contribution allocation from the Fourth year of policy.

 Mustamir & Mustamir Plus Plans

Jubilee Life Insurance Company Limited – Window Takaful Operations through a distribution
agreement with Faysal Bank Limited acting through its Barkat Islamic Banking Division brings
“Mustamir Plan & Mustamir Plus Plan”, exclusively designed for individuals who want to save on
regular basis so that they can achieve their monetary objectives along with a life protection
cover so that their family members remain secure in times of financial crises.

Key Features:
Enhance your protection by selecting any of the additional Takaful benefits
Continue the plan for a longer term to benefit from bonus allocations
Flexibility of making contribution payments yearly, half-yearly, monthly & quarterly

Life Takaful

 Takaful Shield Plan

With uncertainties surrounding us all around, it is very difficult to predict the future even for the
best of planners. With Takaful Shield Plan, you can secure the future for your loved ones in the
most affordable manner.

Key features:
Natural and accidental death coverage under one umbrella
Up to a maximum of PKR 4,000,000 of cover
Coverage for suicide after 18 months of subscription
Coverage of pre-existing medical conditions
 No medical questions to be answered
Discount Card

Services

Debit Cards

All cards have different criteria and offers and give different limits.

 Barkat Pocketmate Visa Debit Card

 Barkat Platinum Visa Debit Card
 Barkat UnionPay Debit Card
 Barkat PayPak Debit Card

Islamic Profit Rates & Weightages

Barka offers profit rates and weightages according to sharia law.

 Declared Rates
 Weightages