Al Baraka Bank Profit Rates 2026: Savings 6.00%, Term Deposits 3.01% to 4.02% and Every Account in Pakistan (Full List)

Al Baraka Bank (Pakistan) is an Islamic bank. It shares the profit of its deposit pools with savers and declares the rate after each month ends. We read its "Profit Rates for the Month Oct 2026" sheet, which lists about 25 products in one dense page. The clearest finding is that, for an individual saver, a plain savings account paid more than a 1, 2 or 3 year term deposit in October. Below is every main rate and what it means.

Al Baraka savings accounts paid individuals 6.00% for October 2026

The sheet has two columns for most accounts. The first is for individuals whose monthly average balance is up to Rs 10 million. The second, "Others", covers everyone else. Profit is worked out on the monthly average balance or the daily balance, and paid monthly, except Tif'l, which pays every quarter.

Many conventional banks pay 10.50% on savings from 1 November, covered in the savings rate rise to 10.5%. Islamic bank rates come from the bank's pool profit, so they can be lower or higher. Al Baraka's own fees are in the Al Baraka schedule of charges.

Al Baraka term deposits paid 3.01% to 4.02% in October

For an individual, every ordinary term deposit on the sheet paid less than the 6.00% savings rate. The 1-year deposit with profit paid every quarter was the best at 4.02%.

On Rs 1 million, a 1-year deposit at maturity paid at 3.01% earns about Rs 30,100 a year. The same money in a savings account at 6.00% earns about Rs 60,000, and you can take it out at any time. This is our own sum at October's rates. Rates at other banks are in fixed deposit rates for November 2026.

Shafqaat and 2K22 monthly schemes paid up to 5.36%

A few monthly income schemes paid more than the ordinary term deposits, though still below the savings rate.

1. Mahana Amdani Shafqaat, 1 year: 5.36% on any amount.
2. Mahana Amdani 2K22, 1 year, Rs 10 million and above: 4.69% monthly.
3. Mahana Amdani Shafqaat, 3 years, above Rs 500,000: 4.18%.
4. Mahana Amdani 2K22, 1 year, Rs 100,000 to Rs 9.99 million: 3.68% monthly, 3.35% at maturity.
5. Mahana Amdani Plus 2019, 3 years: 3.01%.

Banaat Term Deposit for women paid up to 4.02%

The Banaat Term Deposit pays by amount and term. The 6 month term is for deposits from Rs 50,000, and the 1 and 3 year terms start at Rs 100,000.

Foreign currency accounts paid very little. The FCY saving account paid 0.15% in dollars, pounds, euros, yen and dirhams. Dollar term deposits under 1 million dollars paid 0.25% for 1 month up to 0.45% for 1 year. Other banks' dollar rates are in dollar account profit rates.

How to read Al Baraka's monthly profit sheet

The bank posts a new sheet each month on its download page, named "Declared Rates FTM" with the month. FTM means "for the month". We checked the October sheet in a few minutes this way.

• Find your account name in its box. Each box says how profit is worked out and when it is paid.
• Use the "Individuals" column if you are a person with an average balance up to Rs 10 million.
• For slab accounts, find the row that matches your average balance.
• Remember the rate is for a month already gone. Next month's rate can differ.

Tax deducted from profit shows on the certificate in getting a withholding tax certificate. Banking on your phone is covered in the Al Baraka app guide.

Common questions

What is the Al Baraka Bank savings profit rate in 2026?

For October 2026, individuals with an average balance up to Rs 10 million got 6.00% a year on the Saving, Asaan and most other savings accounts.

What is the Al Baraka 1 year term deposit rate?

For October 2026 it was 3.01% with profit at maturity, or 4.02% with profit paid every quarter.

Which Al Baraka account paid the most in October 2026?

For individuals, the savings accounts at 6.00%. Among fixed term products, Mahana Amdani Shafqaat 1 year paid 5.36%.

Who gets the "Others" rate at Al Baraka?

Everyone who is not an individual with an average balance up to Rs 10 million. On most savings accounts that rate was 1.67%.

When does Al Baraka publish its profit rates?

After the month ends. The October 2026 sheet is dated 5 November 2026.

How we verified this

What we checked, where we read it, and what we could not confirm.

Last checked 10 November 2026. We read the Al Baraka Bank Profit Rates for the Month Oct 2026, dated 5 November 2026, linked from the Al Baraka download page. The worked examples are our own arithmetic.