Yes, Mahaaana Save+ is ideal for low risk investing. You can invest and withdraw funds at any time while making greater returns than a bank savings account.
Mahaana is regulated by the Securities & Exchange Commission of Pakistan (SECP) as a non-bank financial company (NBFC). All of your funds are stored with the Central Depository Company (CDC). Mahaana does not have direct access to your funds and all transactions on your account are validated by CDC. Additionally, funds can only be withdrawn into a bank account that’s in your name.
The starting amount may vary depending on your investment goals, how much risk you want to take and the duration of investment. To invest in Mahaana Save+, you’ll need to submit an initial deposit of at least PKR 1000.
Yes. Feel free to reach out to us on our live chat.
We don’t charge any fees for opening an account with us. We generate our revenue by charging a management fee on customer holdings and this is done from the returns generated. Hence we don’t charge customers directly.
You’ll need your CNIC and the IBAN number of your bank account to start investing.
An AMC (Asset Management Company) pools funds from clients and invests them to generate improved returns. In Pakistan these companies are also known as mutual funds. A Digital AMC focuses on providing it’s clients an end to end digital experience rather than paper-based conventional practices.
Cash deposited into Mahaana Save+ is invested into Mahaana Islamic Cash Fund (MICF). MICF invests this cash into Shariah-compliant securities including corporate sukuks, government sukuks and bank placements. These investment avenues are considered low risk and stable compared to other assets. However MICF may get negative returns.
Yes, Mahaana Save+ is Shariah-compliant. View this document as proof.
Returns are automatically added to your account on a daily basis. You can view your profits by logging into the Mahaana webapp.
Deposits and withdrawals are usually processed within 1-2 business days.
Start saving for the financial future you want