The Mudarabah Saving Account is based on the principle of Mudarabah which is strictly in conformity with the rules of Islamic Shariah. Under this relationship, the customer is an investor (Rab-ul-Maal) and the bank is the Manager (Mudarib) of the deposited fund. The account provides the opportunity to earn Halal profit on savings, with a free cheque book for the first time, monthly statements, and internet banking access, all in full compliance with Shariah rules and principles.
USD 100Minimum initial deposit of USD 100 or equivalent. Minimum balance to maintain is AFN 1,000 or USD 20.
No LimitNo maximum balance limit on your Mudarabah Saving Account.
Note : The account holder will be provided a unique user ID and secured password to view the account through our internet banking facility. The customer can print account statements using this facility.
Need assistance? Call our customer service at +93 (0) 20 220 2345 or email us at info@ghazanfarbank.af
Get your first cheque book of 25 leaves free of charge for convenient payments.
Receive monthly statements to easily track all your transactions.
Fully in compliance with Shariah rules and principles, as certified by our Shariah Supervisory Board.
No fixed profit will be committed before or at the time of opening an Account
Earned profit will be divided between bank and customer based on agreed ratio
Profit (if any) will be on the minimum balance after Bank's quarter
Adults can open a Mudarabah Saving Account individually in their own name.
Two or more adults can open and operate a Mudarabah Saving Account jointly.
Address proof by taking Tazkira
Identification proof such as passport, voter identity card, or identity card issued by employer
Latest passport-size photograph
Duly completed and signed account opening form
| Service | Charges |
|---|---|
| Account Opening Fee | Free |
| Cheque Book (First, 25 leaves) | Free |
| Cheque Book (Subsequent, per book) | USD 10 |
| Account Closure (before 3 months) | USD 10 (to Waqf charity fund) |
| Minimum Initial Deposit |
View your account and print account statements anytime through our secure internet banking facility.
Earn Halal profit on your savings, calculated on your minimum quarterly balance.
Withdraw funds at any time when required, giving you complete financial flexibility.
Latest announced rate for Mudarabah saving: 0.40% (For The Month of April 2025)
Profit amount will be transferred to customer accounts after tax deduction
Important: No fixed profit is guaranteed before or at the time of opening an account. Profit (if any) is distributed based on the bank's declared quarterly rate, and profit amounts are transferred to customer accounts after tax deduction as per applicable government regulations.
Trusts, societies and similar bodies approved by competent authorities may open an account.
Other organizations approved by the competent authorities in the country are eligible to open an account.
For specific eligibility requirements or special circumstances, please contact your nearest Ghazanfar Bank branch.
Introduction by an existing Ghazanfar Bank account holder
Download our official form and complete it before your visit
Note All documents must be original. You will be issued an identity card which must be produced to the bank when taking cash payment from the account.
| USD 100 or equivalent |
| Minimum Balance | AFN 1,000 or USD 20 |
| Profit Tax Deduction | As per government regulations |
Get the full list of charges for all banking service
Important : On closure of the account before three months, USD $10 is charged and credited to the charity Waqf fund account. Cheque books are issued only with the permission of the Branch Head; the first 25-leaf cheque book is issued free and each subsequent book is charged USD 10. Profit amount will be transferred to customer accounts after tax deduction.
