Islami Bank has announced that customers who closed or broke their term and savings-based accounts during recent instability can now reactivate them with all previous benefits intact. According to an internal directive issued on Monday, customers have seven working days to reopen their closed Mudaraba Term Deposit (MTDR), Mudaraba Monthly Profit Deposit Scheme (MMPDS), Mudaraba Special Savings Scheme (MSS), and Mudaraba Savings Bond (MSB) accounts. The reactivated accounts will retain the original profit rates and other conditions.

The bank stated that many customers had withdrawn deposits out of fear during recent uncertainty surrounding the institution. To assist those clients, all zones, branches, and sub-branches have been instructed to take necessary steps, prepare lists of closed accounts, and contact affected customers by phone and address.

Officials believe the initiative will help restore depositor confidence and improve liquidity. The unrest followed the appointment of a new chairman, which led to heavy withdrawals. The reactivation offer aims to stabilize deposits and bring withdrawn funds back into the bank.