Opening an account with ALHabib is a simple procedure. All you have to do is to download our Account Opening Form fill it up and either mail to us along with the documents mentioned below in the checklist..

Alternatively you can request the Account Opening information pack by e-mailing us your details and we will send the material through mail/courier at your given address.

Type of Accounts

There is a choice for two types of Accounts;

Regular Account,without trader advice, can be opened with a minimum amount of Rs. 50,000/-

Premium Account,with trader advice, can be opened with a minimum amount of Rs. 200,000/-

You can also open an account by transferring shares from other broker or from your CDC Investor Account.

Checklist

1. Attested copy of Computerized NIC of the Account Holder
2. Attested copy of Computerized NIC of the Joint Account Holder
3. Attested copies of Computerized NIC of the Nominee and Witnesses
4. Attested copies of the passports in case of Non-residents
5. A cheque or pay order in favour of “AL Habib Capital Markets (Pvt) Ltd”

Attestation should be done either by a bank manager or a notary public, with official stamp

New Account Processing
Account Opening Forms will take atleast 3-5 working days to process. After receipt of account activation request user ID and password will be sent thru courier.

Account opening can be refused at our absolute discretion without assigning any reason.

Margin Requirements
100% margin to be maintained at all times. 40% cash margin for Futures market. Only KSE margin eligible securities will be accepted for deposit subject to applicable haircuts.