Taqwa has prepared many schemes for benefit of the general public, Saving A/c is also one of such schemes. The procedure of this scheme is to open a Saving Account with Taqwa, a sum of minimum AFN 1000/- must be deposited. Customer may deposit or withdraw his amount at any me. The amount accumulated through deposit will be deployed by Taqwa for financing based on different principles of Shari'a and in this way whatever profit is gained, out of that Taqwa will pay an expected profit 0% to 4% to the depositor and rest of the profit shall be kept by Mudarib (Taqwa). But to claim the said profit, the customer shall compulsorily maintain an average monthly amount of AFN 5000/- in his account.
- Minimum balance to be maintained is AFN 1,000
- Expected profit rate is 0% - 4%.
- Passbook and cheque book are issued.
- Withdrawal is any time at counter during business day.
- Minimum monthly average balance to be maintained is AFN 5,000/- to gain profit
- Mobile banking is available.
- Shari’a term: Mudaraba
