Accounts

Mashreq NEO Islamic Savings Account

Shari'ah compliant savings with market-leading returns

Earn up to 9%* p.a. profit, one of the best rates in the market with Mashreq.

Enjoy transparent, digital banking with no hidden charges and easy access to your funds anytime, anywhere. Grow your savings with Mashreq.

*Indicative rate. Actual rate wil be based on Mudaraba principles

Benefits

Maximize your savings with market-leading, Shari’ah-compliant profit rates

Savings, simplified

Up to 9%* p.a. paid monthly

Watch your savings grow with market-leading returns in line with Shari'ah principles.

Banking on the go

Instant digital onboarding

Open your bank account in minutes through the Mashreq Mobile App.
Just tap, verify and go.

Banking without boundaries

Free transfers and payments

Your money, your way.
Funds transfers and payments whenever
you want, wherever you are - at zero fees.

Talk to us

24/7 chat support with Mashreq Virtual Assistant

Got questions?

Our virtual assistant is just a message away, every minute of the day.

Eligibility

18 years of age
Valid CNIC

Ready to make the switch?

Just download your Mashreq Mobile App, verify your CNIC, and open your Mashreq NEO Islamic Savings Account.

Build your future with Riba-free savings that keep growing.

Banking you can trust

Transparency

Schedule of charges

Download

Terms & conditions

Download

Key facts statement

Download

Profit
rates

Download

General questions

Frequently asked question

Mashreq NEO Islamic Savings Account is a Shari’ah compliant account operating on the principles of Mudaraba that allows you to save money while earning return on your balances. This account is ideal for individuals who want to:
  • Earn returns on their balances
  • Save money in a secure and Shariah compliant manner
  • Enjoy flexible access to funds with no limitations on digital transfers and payments

Mashreq Pakistan is regulated by the State Bank of Pakistan