NBP Islamic Savings Fund

NBP Islamic Savings Fund

Get Rozana Halal Munafa on your Savings

“NBP Islamic Savings Fund” is an open-ended Shariah Compliant income fund in which you earn halal munafa over your idle cash saving. The fund offers attractive profits compared to other saving avenues and has no lock in period – you can withdraw your savings whenever you want without penalty or any profit reduction

Benefits at a Glance

Earn Halal Munafa on your idle cash savings

ATM/DEBIT Card and Online Banking Facility (Terms & Conditions apply)

Withdraw anytime without Penalty or Profit Reduction (taxes apply)

Optional Life Takaful Coverage of up to Rs. 50 Lacs (Terms & Conditions apply)

Save up to 20% of your Taxes**

Under Supervision of Shari’ah Advisory Board

Request a Meeting

Set an appointment with our representative today and start saving for a better tomorrow – Please fill the form below and our representative will contact you at the earliest.

    Stability Rating: AA-(f) by PACRA; Risk Profile/Risk of principal erosion: Moderate/ Principal at moderate risk; Category: Shari’ah Compliant Income Fund; Fund size: Rs 216 Crore as on 31 July 2021; *Benchmark: 6 month average deposit rate of three A rated Islamic Banks/Islamic Windows of Conventional Banks as selected by MUFAP; Since Inception return from October 26, 2007 till July 31, 2021 was 6.9% p.a vs benchmark 5.6% p.a; Last one year return was 5.7% vs benchmark 3.4%; Return of NBP-ISF in fiscal year 2021, 2020, 2019, 2018 & 2017 was 5.7%, 10.9%, 8.5%, 5.1% & 5.4% respectively and benchmark was 3.6%, 6.3%, 3.7%, 2.4% & 3.9% respectively; Note: Performance is net of management fee and all other expenses based on dividend reinvestment and gross of with holding taxes where applicable excluding cost of frontend load; Taxes apply. **Subject to conditions as per section 62 of the Income Tax Ordinance, 2001; Disclaimer: All investments in mutual funds are subject to market risk. Past performance is not necessarily indicative of future results. Please read the Offering Documents to understand the investment policies and the risks involved. The scheme holds certain non-compliant investments. Before making any investment decision, investors should review the latest monthly Fund Manager Report and Financial Statements. The reported returns may include provisioning and reversal of provisioning against some debt securities. NBP Funds will play a facilitating role by assisting the insured or the nominee in claim processing. NBP Funds or any of its sales representative cannot guarantee preservation / protection of capital and / or expected returns / profit on investments.