Mahaana Save+ helps you earn daily returns on your money locked in zero or minimal returns your bank account offers.
Why Mahaana Save+
Fast, Paperless Onboarding
Sign up in minutes with zero paperwork or complicated steps.
Earn Daily, Grow Steadily
Your savings grow every day with consistent daily returns.
Fully Shariah-Compliant
Fully aligned with Islamic principles, certified by SECP & Renowned Shariah Advisors.
*Returns are subject to market policy rate check disclaimers for details
Get better profit rates than what banks offer
Grow your savings with a Save+ account. Mahaana Save+ secures your money during volatile times while earning nearly 1.5x than the leading banks.*
Save with Purpose using Save+ Pots
Create dedicated pots for every goal from Umrah to a rainy day fund. Each pot earns daily returns, helping you stay organized while growing your money faster than a regular savings account.
Invest on auto with SIP (Coming Soon)
Save consistently without lifting a finger. With Raast SIP, you can easily transfer from your bank account to your Mahaana account. It’s a simple way to build wealth steadily over time no reminders.
What are the risks of investing in Mahaana Save+ (MICF)?
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.
Mahaana is a member of Mutual Funds Association of Pakistan (MUFAP) and 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 Additionally, funds can only be withdrawn into a bank account that’s in your name.
Is there any front-end or back-end load?
No front-end load (deposit charges) or back-end load (withdrawal charges) are charged with Save+ (MICF). However, verification and processing fees will be charged depending on your account category.
Is Mahaana Save+ (MICF) Shariah-complaint?
Yes, please view the documents on the MICF page > Financial Literature > Shariah Compliance
Are there any taxes when I invest in Mahaana Save+ (MICF)?
For tax filers: 15% tax on capital gains (CGT) on withdrawals and 25% on dividend gains (dividend deposited directly into bank account). For non-filers: 15% tax on capital gains (CGT) on withdrawals and 50% on dividend gains (dividend deposited directly into bank account).
How do I receive my returns?
Returns are automatically added to your account on a daily basis. You can view your profits by logging into the Mahaana webapp.
How long does it take to deposit or withdraw cash?
Deposits and withdrawals are usually processed within 1-2 business days.
