{"id":79703,"date":"2026-01-23T11:40:27","date_gmt":"2026-01-23T06:40:27","guid":{"rendered":"https:\/\/bankislami.com.pk\/?page_id=79703"},"modified":"2026-06-01T12:19:18","modified_gmt":"2026-06-01T07:19:18","slug":"islami-kids-account","status":"publish","type":"page","link":"https:\/\/bankislami.com.pk\/ur\/islami-kids-account\/","title":{"rendered":"Islami Kids Account"},"content":{"rendered":"<section id=\"bt_bb_section6a210f3be89ee\" class=\"bt_bb_section bt_bb_layout_boxed_1200 bt_bb_vertical_align_top bt_bb_top_spacing_normal bt_bb_bottom_spacing_normal\"  data-bt-override-class=\"null\"><div class=\"bt_bb_port\"><div class=\"bt_bb_cell\"><div class=\"bt_bb_cell_inner\"><div class=\"bt_bb_row\"  data-bt-override-class=\"{}\"><div class=\"bt_bb_row_holder\" ><div  class=\"bt_bb_column col-xl-12 col-xs-12 col-sm-12 col-md-12 col-lg-12 bt_bb_align_left bt_bb_vertical_align_top bt_bb_padding_normal\"  data-width=\"12\" data-bt-override-class=\"{}\"><div class=\"bt_bb_column_content\"><div class=\"bt_bb_separator bt_bb_border_style_none bt_bb_top_spacing_small bt_bb_bottom_spacing_small\" data-bt-override-class=\"null\"><\/div><div class=\"bt_bb_accordion bt_bb_style_outline bt_bb_shape_square\"><div class=\"bt_bb_accordion_item\"><div class=\"bt_bb_accordion_item_title\">\u062e\u0635\u0648\u0635\u06cc\u0627\u062a<\/div><div class=\"bt_bb_accordion_item_content\"><div  class=\"bt_bb_text\" ><\/p>\n<p>BankIslami Kids Account is a Shariah compliant PKR denominated account. It is designed for children under 18 years of age, allowing them to save their pocket money, Eidi, and other small earnings, while also learning how to use a bank account from an early age. The aim is to help children develop healthy saving habits that benefit them throughout their lives.<\/p>\n<p><strong>BankIslami Kids Account is available under two Shariah modes:<\/strong><\/p>\n<ul>\n<li>Qard (Current Account)<\/li>\n<li>Mudarabah (Savings Account)<\/li>\n<\/ul>\n<p>Key benefits include:<\/p>\n<ul>\n<li>CNIC fee reimbursement (first time only)<\/li>\n<li>Driving license fee reimbursement (first time only)<\/li>\n<li>Educational fee reimbursement for five customers each year<\/li>\n<li>Debit card: first classic Mastercard debit card is free for first issuance only. Annual fee for subsequent years applies as per the Schedule of Charges. Available for children aged 6 years and above<\/li>\n<li>No initial deposit is required<\/li>\n<li>Cheque book issued as requested.<\/li>\n<li>Access to ATMs across Pakistan<\/li>\n<li>Free internet banking<\/li>\n<li>Free account statement facility<\/li>\n<li>Profit is calculated on daily average balance (savings account)<\/li>\n<li>Profit is paid monthly (savings account)<\/li>\n<li>No profit is paid on the current account<\/li>\n<li>No restriction on the number of withdrawals in a month<\/li>\n<li>No restriction on the number of deposit transactions in a month<\/li>\n<li>Personalized service through a designated personal banker<\/li>\n<li>Round the clock phone banking through 111 ISLAMI (475 264)<\/li>\n<\/ul>\n<p>\n<\/div><\/div><\/div><div class=\"bt_bb_accordion_item\"><div class=\"bt_bb_accordion_item_title\">How It Works?<\/div><div class=\"bt_bb_accordion_item_content\"><div  class=\"bt_bb_text\" ><\/p>\n<p>BankIslami Kids Account is offered under Mudarabah and Qard structures. This is how it works:<\/p>\n<p><strong>Mudarabah<\/strong><\/p>\n<ol>\n<li>You provide funds to the Bank on a Mudarabah basis for investment in the Bank\u2019s Shariah compliant assets.<\/li>\n<li>In this arrangement, you are the Rabb ul Maal (owner of funds) and the Bank is the Mudarib (manager of funds).<\/li>\n<li>The Bank forms a pool of deposits received from BankIslami Kids Account holders.<\/li>\n<li>The pool provides Shariah compliant financing to individuals, corporates, government, and other entities through Islamic modes such as Murabaha, Ijarah, Musharakah, Mudarabah, and other approved modes that generate income.<\/li>\n<li>The Bank calculates income from the pool on a daily basis. This income is shared between the Bank and depositors according to a pre agreed profit sharing ratio.<\/li>\n<li>The Bank\u2019s profit share is called the Mudarib\u2019s share. The profit sharing ratio between the Bank and depositors is determined at the beginning of each month.<\/li>\n<li>The depositor share is based on predetermined weightages assigned at the beginning of the month. A weightage based profit distribution mechanism ensures that the return paid to any customer under a profit and loss sharing contract is proportionate to the risk taken.<\/li>\n<li>In the event of a loss, as per the rules of Mudarabah, the loss is borne by the Rabb ul Maal and is distributed among customers on a pro rata basis. The Bank does not earn income for its efforts and also bears operating costs.<\/li>\n<\/ol>\n<p><strong>Qard<\/strong><\/p>\n<p>BankIslami Kids Current Account is based on the Islamic principle of Qard, whereby you (the customer) are the lender and BankIslami is the borrower. Your deposited amount is kept in a safe and secure manner. As it is Qard, no profit is paid on the funds. The funds are repayable on demand.<\/p>\n<p>\u00a0<\/p>\n<p>\n<\/div><\/div><\/div><div class=\"bt_bb_accordion_item\"><div class=\"bt_bb_accordion_item_title\">\u0641\u062a\u0648\u06cc\u0670<\/div><div class=\"bt_bb_accordion_item_content\"><div  class=\"bt_bb_text\" ><\/p>\n<div class=\"col-md-5 pdf_box\">\n<div class=\"col-md-2 nopadding\">\n<div class=\"pdf_img\"><a href=\"https:\/\/bankislami.com.pk\/wp-content\/uploads\/2026\/01\/BankIslami-Kids-Account-Product-Fatwa.pdf\"><img loading=\"lazy\" decoding=\"async\" class=\"\" src=\"https:\/\/bankislami.com.pk\/wp-content\/uploads\/2021\/12\/pdf.png\" width=\"101\" height=\"101\" data-cke-saved-src=\"https:\/\/bankislami.com.pk\/wp-content\/uploads\/2021\/12\/pdf.png\" \/><\/a><\/div>\n<\/div>\n<\/div>\n<p>\n<\/div><\/div><\/div><div class=\"bt_bb_accordion_item\"><div class=\"bt_bb_accordion_item_title\">\u062f\u0633\u062a\u0627\u0648\u06cc\u0632<\/div><div class=\"bt_bb_accordion_item_content\"><div  class=\"bt_bb_text\" ><\/p>\n<p>The documents required from the customer are as follows:<\/p>\n<ul>\n<li>Copy of the minor\u2019s B Form, CRC, CNIC, or Juvenile Card, duly stamped Original Seen by the Branch Manager or Operations Manager<\/li>\n<li>Copy of the valid identity document of the parent, natural guardian, or court appointed guardian<\/li>\n<li>Proof of the guardian\u2019s relationship with the minor, or an attested copy of the court order, as applicable<\/li>\n<li>Residents of Pakistan can open these accounts in Pakistani Rupees as single or joint accounts<\/li>\n<li>Copy of board resolution, where applicable<\/li>\n<\/ul>\n<p>\n<\/div><\/div><\/div><div class=\"bt_bb_accordion_item\"><div class=\"bt_bb_accordion_item_title\">\u062f\u0631\u062e\u0648\u0627\u0633\u062a \u06a9\u06cc\u062c\u0626\u06d2<\/div><div class=\"bt_bb_accordion_item_content\"><div  class=\"bt_bb_text\" ><\/p>\n<div class=\"wpcf7 no-js\" id=\"wpcf7-f1247-o1\" lang=\"en-US\" dir=\"ltr\" data-wpcf7-id=\"1247\">\n<div class=\"screen-reader-response\">\n<p role=\"status\" aria-live=\"polite\" aria-atomic=\"true\">\n<ul><\/ul>\n<\/div>\n<form action=\"\/ur\/wp-json\/wp\/v2\/pages\/79703#wpcf7-f1247-o1\" method=\"post\" class=\"wpcf7-form init\" aria-label=\"Contact form\" novalidate=\"novalidate\" data-status=\"init\" data-trp-original-action=\"\/ur\/wp-json\/wp\/v2\/pages\/79703#wpcf7-f1247-o1\">\n<div style=\"display: none;\">\n<input type=\"hidden\" name=\"_wpcf7\" value=\"1247\" \/><br \/>\n<input type=\"hidden\" name=\"_wpcf7_version\" value=\"6.0.6\" \/><br \/>\n<input type=\"hidden\" name=\"_wpcf7_locale\" value=\"en_US\" \/><br \/>\n<input type=\"hidden\" name=\"_wpcf7_unit_tag\" value=\"wpcf7-f1247-o1\" \/><br \/>\n<input type=\"hidden\" name=\"_wpcf7_container_post\" value=\"0\" \/><br \/>\n<input type=\"hidden\" name=\"_wpcf7_posted_data_hash\" value=\"\" \/><br \/>\n<input type=\"hidden\" name=\"_wpcf7_recaptcha_response\" value=\"\" \/>\n<\/div>\n<p><label>\u0646\u0627\u0645<span class=\"wpcf7-form-control-wrap\" data-name=\"your-name\"><input size=\"40\" maxlength=\"400\" class=\"wpcf7-form-control wpcf7-text wpcf7-validates-as-required\" aria-required=\"true\" aria-invalid=\"false\" value=\"\" type=\"text\" name=\"your-name\" \/><\/span><\/label>\n<\/p>\n<p><label>Phone Number:<span class=\"wpcf7-form-control-wrap\" data-name=\"your-cellno\"><input class=\"wpcf7-form-control wpcf7-number wpcf7-validates-as-required wpcf7-validates-as-number\" aria-required=\"true\" aria-invalid=\"false\" value=\"\" type=\"number\" name=\"your-cellno\" \/><\/span><\/label>\n<\/p>\n<p><label>City:<span class=\"wpcf7-form-control-wrap\" data-name=\"your-city\"><input size=\"40\" maxlength=\"400\" class=\"wpcf7-form-control wpcf7-text wpcf7-validates-as-required\" aria-required=\"true\" aria-invalid=\"false\" value=\"\" type=\"text\" name=\"your-city\" \/><\/span><\/label>\n<\/p>\n<p><label>\u0627\u06cc \u0645\u06cc\u0644<span class=\"wpcf7-form-control-wrap\" data-name=\"client-email\"><input size=\"40\" maxlength=\"400\" class=\"wpcf7-form-control wpcf7-email wpcf7-text wpcf7-validates-as-email\" aria-invalid=\"false\" value=\"\" type=\"email\" name=\"client-email\" \/><\/span><\/label>\n<\/p>\n<p><label >Interested In:<br \/>\n<span class=\"wpcf7-form-control-wrap\" data-name=\"interested-in\"><select class=\"wpcf7-form-control wpcf7-select\" aria-invalid=\"false\" name=\"interested-in\"><option value=\"Islami Sahulat Account\">\u0627\u0633\u0644\u0627\u0645\u06cc \u0633\u06c1\u0648\u0644\u062a \u0627\u06a9\u0627\u0624\u0646\u0679<\/option><option value=\"BankIslami Kids Account\">BankIslami Kids Account<\/option><option value=\"Islami Khair Current Account\">Islami Khair Current Account<\/option><option value=\"Islami Bachat Account\">\u0627\u0633\u0644\u0627\u0645\u06cc  \u0628\u0686\u062a \u0627\u06a9\u0627\u0624\u0646\u0679<\/option><option value=\"Islami Current Account\">\u0627\u0633\u0644\u0627\u0645\u06cc \u06a9\u0631\u0646\u0679 \u0627\u06a9\u0627\u0624\u0646\u0679<\/option><option value=\"Islami Asaan Account\">\u0627\u0633\u0644\u0627\u0645\u06cc \u0622\u0633\u0627\u0646 \u0627\u06a9\u0627\u0624\u0646\u0679<\/option><option value=\"Islami Mahana Munafa Account\">\u0627\u0633\u0644\u0627\u0645\u06cc \u0645\u0627\u06c1\u0627\u0646\u06c1 \u0645\u0646\u0627\u0641\u0639 \u0627\u06a9\u0627\u0624\u0646\u0679<\/option><option value=\"Islami Amadni Certificate\">\u0627\u0633\u0644\u0627\u0645\u06cc \u0622\u0645\u062f\u0646\u06cc \u0633\u0631\u0679\u06cc\u0641\u06a9\u06cc\u0679<\/option><option value=\"Islami Dollar Bachat Account\">\u0627\u0633\u0644\u0627\u0645\u06cc \u0688\u0627\u0644\u0631 \u0628\u0686\u062a \u0627\u06a9\u0627\u0624\u0646\u0679<\/option><option value=\"Islami Foreign Currency Account\">\u0627\u0633\u0644\u0627\u0645\u06cc \u063a\u06cc\u0631\u0645\u0644\u06a9\u06cc \u06a9\u0631\u0646\u0633\u06cc \u0627\u06a9\u0627\u0624\u0646\u0679<\/option><option value=\"Islami Premium Saving Account\">Islami Premium Saving Account<\/option><option value=\"Islami Business Saving Account\">Islami Business Saving Account<\/option><\/select><\/span><br \/>\n<\/label>\n<\/p>\n<p><input class=\"wpcf7-form-control wpcf7-submit has-spinner\" type=\"submit\" value=\"\u062c\u0645\u0639 \u06a9\u0631\u06cc\u06ba\" \/>\n<\/p>\n<div class=\"wpcf7-response-output\" aria-hidden=\"true\"><\/div>\n<input type=\"hidden\" name=\"trp-form-language\" value=\"ur\"\/><\/form>\n<\/div>\n<p>\n<\/div><\/div><\/div><div class=\"bt_bb_accordion_item\"><div class=\"bt_bb_accordion_item_title\">\u0627\u06a9\u062b\u0631 \u067e\u0648\u0686\u06be\u06d2 \u062c\u0627\u0646\u06d2 \u0648\u0627\u0644\u06d2 \u0633\u0648\u0627\u0644\u0627\u062a<\/div><div class=\"bt_bb_accordion_item_content\"><div  class=\"bt_bb_text\" ><\/p>\n<p><strong>Who is the target market for the BankIslami Kids Account?<\/strong><\/p>\n<p>The BankIslami Kids Account is designed for children under 18 years of age. It gives them a simple and guided way to save and manage funds while learning basic banking early.<\/p>\n<p><strong>What is the concept of Qard?<\/strong><\/p>\n<p>Qard is an interest free loan. In a Qard based current account, the customer provides funds to the Bank as a loan. The Bank is obligated to repay the same amount on demand. No profit is paid on Qard funds. At BankIslami, the funds are utilized in a Shariah compliant manner.<\/p>\n<p><strong>What is Mudarabah?<\/strong><\/p>\n<p>Mudarabah is a form of partnership where one party provides funds and the other provides expertise and management for the business or investment. The provider of funds is known as Rabb ul Maal and the manager is referred to as Mudarib. Profit is shared in pre agreed ratios. Loss, if any, unless caused by negligence or violation of terms by the Mudarib, is borne by the Rabb ul Maal.<\/p>\n<p><strong>How is the customer\u2019s profit calculated?<\/strong><\/p>\n<p>Profit from the pool of Shariah compliant assets is calculated at the end of every month. BankIslami keeps a share of the profit as the Mudarib\u2019s share. The remaining profit is distributed among customer categories as per predetermined weightages. The profit amount for each category is used to calculate profit rates, which are announced at the beginning of the next month.<\/p>\n<p><strong>What is the relationship between a BankIslami Kids Account holder and BankIslami?<\/strong><\/p>\n<p>A BankIslami Kids Account holder provides funds as Rabb ul Maal and BankIslami invests these funds as Mudarib, that is, the fund manager. Based on this relationship, depositors and BankIslami share profit earned from the joint investment pool according to a pre agreed ratio. In the unlikely event of a loss, depositors bear the loss on a pro rata basis, while the Bank does not earn income for its efforts and bears operating costs.<\/p>\n<p><strong>What profit is offered on the BankIslami Kids Saving Account?<\/strong><\/p>\n<p>As per Shariah requirements, profit cannot be committed upfront. Profit rates are determined after the actual income from the asset pool is known. Profit announced at the beginning of the next month determines the profit paid. Sales staff can share profit rates from previous months for indicative guidance.<\/p>\n<p><strong>Who determines whether the BankIslami Kids Account is Shariah compliant?<\/strong><\/p>\n<p>The Shariah Supervisory Board of BankIslami is responsible for ensuring that the product, processes, and related transactions are Shariah compliant. A Shariah audit is also conducted periodically. The State Bank of Pakistan also conducts Shariah audits.<\/p>\n<p><strong>What is withholding tax on profit?<\/strong><\/p>\n<p>Withholding tax is a tax payable to the Government of Pakistan on the profit credited in the account of a savings or term account holder.<\/p>\n<p>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><!-- cell_inner --><\/div><!-- cell --><\/div><!-- port --><\/section>","protected":false},"excerpt":{"rendered":"","protected":false},"author":3,"featured_media":79707,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-79703","page","type-page","status-publish","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/bankislami.com.pk\/ur\/wp-json\/wp\/v2\/pages\/79703","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bankislami.com.pk\/ur\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/bankislami.com.pk\/ur\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/bankislami.com.pk\/ur\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/bankislami.com.pk\/ur\/wp-json\/wp\/v2\/comments?post=79703"}],"version-history":[{"count":7,"href":"https:\/\/bankislami.com.pk\/ur\/wp-json\/wp\/v2\/pages\/79703\/revisions"}],"predecessor-version":[{"id":80242,"href":"https:\/\/bankislami.com.pk\/ur\/wp-json\/wp\/v2\/pages\/79703\/revisions\/80242"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bankislami.com.pk\/ur\/wp-json\/wp\/v2\/media\/79707"}],"wp:attachment":[{"href":"https:\/\/bankislami.com.pk\/ur\/wp-json\/wp\/v2\/media?parent=79703"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}