Musharakah
(Joint Venture)
Both the bank and customer invest capital into a business and share profits/losses based on their contribution.
A New Era of
Digital Islamic Banking
About Islamic Banking
Bismillah Karein - With this blessed beginning, Mobilink Islamic Banking offers Shariah-compliant financial solutions tailored to meet your banking needs while staying true to Islamic principles. Whether you are seeking savings, financing, or investment options, our products are designed to ensure ethical, interest-free, and risk-sharing transactions that align with Islamic teachings.
With Mobilink Islamic Banking, you can enjoy modern financial services without compromising your beliefs. Our offerings are supervised by a dedicated Shariah Board, ensuring full compliance with Islamic laws.
What Is Islamic Banking?
Islamic Banking is a financial system that operates in accordance with Islamic law (Shariah). Unlike conventional banking, it prohibits interest (Riba), excessive uncertainty (Gharar), and investments in unethical businesses.
Instead of charging interest, Islamic banks engage in profit-sharing, leasing, and trade-based transactions, ensuring that all financial activities are fair, transparent, and beneficial to society.
How is
Islamic Banking
Different from
Conventional Banking?
Key Islamic Banking Concepts
Diminishing Musharakah
(Declining partnership)
A form of partnership where the bank and customer jointly own an asset (e.g., a house). The customer gradually buys the bank’s share over time until full ownership is transferred.
Ijarah
(Leasing)
The bank buys and leases an asset (e.g., a car or property) to the customer for a fixed rental payment. Ownership may transfer at the end of the lease term.
Mudarabah
(Profit-Sharing Partnership)
A partnership where one party provides capital (investor) and the other manages the business (entrepreneur). Profits are shared as per agreement, while losses are borne by the investor.
Murabaha
(Cost-Plus Financing)
Instead of lending money, the bank purchases an asset and sells it to the customer at a pre-agreed markup, payable in installments
Ijarah
(Leasing)
The bank buys and leases an asset (e.g., a car or property) to the customer for a fixed rental payment. Ownership may transfer at the end of the lease term.
Islamic Banking Products
Choose Mobilink Islamic Banking Ethical, Fair, & Shariah-Compliant
Experience banking that aligns with your faith and values. Whether you are saving, investing, or financing, Mobilink Islamic Banking provides solutions you can trust.
FAQs
Shariah-compliant banking follows Islamic principles, prohibiting interest (Riba), uncertainty (Gharar), and unethical investments (e.g., alcohol, gambling). Instead, it uses profit-sharing, asset-backed financing, and trade-based models.
Mobilink Bank’s Shariah Advisor is Mufti Syed Muhammad Umer Amaduddin.
Yes, all products undergo strict Shariah review and approval before launch.
Certificates are available on the bank’s website or at branches notice boards.
Yes, these services are open to all customers seeking ethical, interest-free banking.
