MCB Islamic Bank Profit Rates 2026: Savings 8.02%, Aasoodgi 8.32% and Every Term Deposit in Pakistan (Full List)

MCB Islamic is an Islamic bank, so it does not promise a fixed rate in advance. It shares the profit of its deposit pool with savers each month, here 50% to the depositor and 50% to the bank, and declares the rate after the month ends. We read the six page "Profit Rate for the Month of September 2026" sheet, dated 5 October 2026. The October sheet was not on the site when we checked on 10 November. Below are the rates by account and slab, and what they mean for your money.

MCB Islamic savings accounts paid 8.0240% for September 2026

Almost every rupee savings account paid the same 8.0240% a year on the first Rs 10 million. Above Rs 10 million, some accounts paid 6.4844% and others paid nothing on that part. The current account that pays profit, Remunerative Current, paid 0.4746%.

For comparison, many conventional banks moved savings accounts to 10.50% from 1 November, covered in the savings rate rise to 10.5%. Islamic bank rates are set differently, so they do not have to match.

Aasoodgi and Barkat accounts pay a little more on bigger balances

Two savings accounts pay by slab, and the rate rises a little with the balance up to Rs 10 million. On Barkat Saving, it then falls sharply.

The gaps are tiny. On Rs 1 million, the difference between 8.0240% and 8.0673% is about Rs 433 a year. The Rozana Bachat accounts follow a similar pattern, at 8.0240% on smaller balances.

MCB Islamic term deposits: 8.32% to 8.43% on the best ones

The term deposit rates vary a lot between products. The Aasoodgi Term Deposit and the Na'mat Premium Plus 1-year deposit paid much more than the Na'mat Plus range.

So a Na'mat Plus 1-year deposit paid less than the plain Asaan savings account in September. Before you lock money for a year, ask the branch which term product your amount fits, and compare it with the savings rate. Rates at other banks are in fixed deposit rates for November 2026, and other Islamic banks in BankIslami profit rates and Dubai Islamic Bank profit rates.

Dollar accounts paid 0.29% to 2.66%

The Imaan Saving Account in US dollars paid by slab. Pound and euro accounts paid almost nothing.

1. Imaan USD, up to 25,000 dollars: 0.2944%.
2. Imaan USD, 25,001 to 100,000 dollars: 2.3977%.
3. Imaan USD, above 100,000 dollars: 2.6648%.
4. Imaan GBP: 0.1078%. Imaan EUR: 0.1302%.
5. Freelancer Digital USD, GBP and EUR: 0.0000%.

Other banks' dollar rates are in dollar account profit rates.

What Rs 1 million earned at MCB Islamic in September

These are our own sums at the declared rates, before tax and Zakat. Islamic rates change every month, so the next month can be higher or lower.

• Asaan or Imaan Saving at 8.0240%: about Rs 80,240 a year, or about Rs 6,687 for one month.
• Aasoodgi Term Deposit at 8.3211%: about Rs 83,211 a year.
• Na'mat Plus 1 year, monthly, at 5.4589% for Rs 1 million to Rs 25 million: about Rs 54,589 a year.

Tax deducted from profit shows on the certificate explained in getting a withholding tax certificate. MCB Islamic's fees are in the MCB Islamic schedule of charges.

Common questions

What is the MCB Islamic savings account profit rate in 2026?

For September 2026 it was 8.0240% a year on Asaan, Imaan, Prime, Shandaar and most other savings accounts, on balances up to Rs 10 million.

Which MCB Islamic term deposit paid the most?

The Na'mat TD 1 year at maturity, at 8.4289% up to Rs 10 million, then the Aasoodgi Term Deposit and Na'mat Premium Plus 1 year at 8.3211%.

Why does MCB Islamic declare its rate after the month?

As an Islamic bank it shares actual pool profit with savers. For September the sharing ratio was 50% depositor and 50% bank.

Has MCB Islamic published the October 2026 rates?

Not when we checked on 10 November 2026. The latest sheet on its site was for September, dated 5 October.

Does MCB Islamic pay profit above Rs 10 million?

On some accounts. Imaan, Prime, Shandaar and Niswaan paid 6.4844% above Rs 10 million; Asaan and Pensioner paid nothing on that part.

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 MCB Islamic Profit Rate for the Month of September 2026, a six page signed scan dated 5 October 2026, linked from the MCB Islamic profit rates 2026 page. We read the scan visually. The worked examples are our own arithmetic.