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29

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c Æ* cc¯+ cc* c c ) ) * c * ; c c Copy o f CNIC. % c A y p r o o f o f I c o m &c

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A y U t i l it y B i l l ( fo r A r s s Î r i f i c t io ) .

c

% c + +c * ; c 1. Copy o f CNIC. 2. Proo f o f pro pr i t o rship (NT N C rt ific t ). 3. Acco u t Op ig R u st & Pro pr i t o rship l t t r o Fir ms H . 4 . A y U t i l it y B i l l ( fo r A r s s Î r i f i c t io ) .

& c c * ; c 1. Co p y o f C NIC o f Gu r i . 2. Co p y o f B irt h C rt ific t . 3 . C N I C c o p y o f G u r i . c

! c +c * ; c 1. R g ist r Prt r ship D

( C r t i f i C o p y) . 30

L tt r

c

2 . L t t r o f Au t ho r it y & 9 t . 3. Copi s o f CNICs o f ll prt r s. 4. Acco u t o p ig R u st L t t r o fir ms L t t r H c

' c 7 )c + , ; c 1.c Co p y o f C rt ific t

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of

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i fo r m t h

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31

c c

¯D02.c D6D4c .¯Æ20c ¯.0c Fc GDc D6c7Æc¯Dc205.65c00c c

* ; c 9ushrh is t h t yp o f P rt rship i which bot h p r t r s i st u l l y, s h r t h ir p r o f it & lo s s s u l l y. c

th

Æ.Dc<8c205.65c9c2Æ.5c * ; c lc I 9ushrh bot h prt i s i st . lc Both prt i s wor. lc I 9ushrh t h

p r o fit lo ss s s hr

ully.

c

*) ;c lc I 9urbh o

prt y i st ( Rb-ul- 9l) ot h r prt y

wor (9ur ib). l c P r o f it is s h r s p r g r lc I cs

r t io .

o f 9 u r b h l l lo s s s r

¯D02.cD6D4c.¯Æ20c Cosu m r Big Proucts r : 1. 9ur bh 2. Cr I rh 3. Esy Hom 32

bor

by Rb- ul- 9l

c

c G D c D 6 c 2 . 5 c 9ur bh is t h t yp o f short t rm ficig i which B is t h o w r o f pr o u ct p ur c h s t ht fo r t h cu st o m r . L i o t h r b s 9 b is o t p r o i i g t h lo t o t h cu st o m r , b u t i f t h y y t yp o f pr o uct li 9 c h i r y t c fo r h is u s . B hs o xp rt is , so bs m t h g t t o t ht p r so , h will bu y h i ms l f t h h it o r t o t h b . T h b w i l l g i h i m o co st p lu s p r o f it . I f u r i g b u y i g y t yp o f s u c c i t o ccu r s, t h w ho l lo ss w i l l b bo r b y t h b b c u s t h b is ow r o f t ht mt r i l.

% c G D c D 6 c . c 3 . 5 c Cr I r h is P ist s fir st ³I t r st Fr ´ cr ficig bs o I s l m ic f i c i g mo o f I r h o r I s l m ic l s i g . T h is p r o u ct is i l fo r i t r st r s i i i u ls , lo o i g fo r cr f i c i g t h t proi s t h co i c o f w ll sig prouct whil o iig it r st b s t r s ct io . Cr I r h is simp ly r t l gr m t u r which t h cr will b g i t o t h c u st o m r o r t fo r p r io , g r t t h t im o f th cot rct . 9 B pur chs s t h cr r t s it out t o t h cu st o m r fo r p r io o f 3 , 4 o r 5 y r s. Up o co mp l t io o f t h l s p r io h cu st o m r g t s o w r s h ip o f t h cr g i st h is i it i l s cu r it y p o s it . Cr I rh is uiu is ppro by 9 Bs S hr ih Bor Cr I r h, s ig u r t h su p r is io o f 9 B s S h r i h S u p r iso r y Bo r , is u i u t o cr l s i g f c i l it i s p r o i b y ot h r bs. Right s & libilit i s of Ow r / s Us r A I s l m ic I r h is ss t - b s co t r ct , i. . t h L sso r s ho u l h o w r s h ip o f t h s s t u r i g t h p r io o f t h co t r ct . U r I s l m ic S h r i h , l l o w r s h ip r l t r ig ht s l i b i l it i s s ho u l li wit h th ow r whil ll usg -r lt r ight s libilit i s s ho u l l i w it h t h u s r . A co t io l l s co t r ct o s o t ist iguish b tw t h tur of th s libilit i s plc s ll libilit i s o t h us r o f t h ss t , cot rict or y t o Islmic S hr ih. U r I rh, ll ow r ship-r lt r iss li wit h t h B whil l l u s g r lt r is s l i w it h t h u s r , t hu s m i g t h L s so r t h t r u ow r o f t h ss t mig t h ico m g r t t hrough t h co t r ct p r mis s ib l ( H l l) fo r t h B

c

33

c

lc c: >c H c c cc As st p towrs 9 Bs missio to proi o -stop shop for ioti lu Shrih complit proucts, 9 Bs Cr I rh uit proi s cr ficig, bs o th pricipl s of I rh is fr of th l m t of it r st. Cr I rh is Pists first It r st Fr cr ficig bs o th Islmic ficig mo of I rh (Islmic l sig). This prouct is i l for iiiuls looig for cr ficig whil oiig it r st-bs trsctio. 9 B Cr I rh is cr r tl gr m t, u r which th B purchs s th cr r ts it out to th custom r for p rio of 3 to 5 y rs, gr t th tim of th cotrct. Upo compl tio of th l s p rio th custom r g ts ow rship of th cr gist his iitil s curity posit. lc 8 c c c : c* 1*A c Som

of th

y chr ct r ist ics o f Cr I rh r

s fo l lo w s

{c c: c c * c2 )c I I itio to our l sig of w crs, 9 B lso proi s th uiu opportuity of l sig s co h, both loclly ss mbl import hicl s. This f tur is sp cificlly sig s highly coomicl optio. Th Us Cr I rh fcility is m ilbl t miimum-s curity posit s low s 20%. Ficig of us crs r sub ct to ñ c c

ñ ccñ c c I itio to our l sig of w crs, 9 B lso proi s th uiu opportuity of l sig s co h, both loclly ss mbl import hicl s. This f tur is sp cificlly sig s highly coomicl optio. Th Us Cr I rh fcility is m ilbl t miimum-s curity posit s low s 20%. Ficig of us crs r sub ct to th followig S l ctio Crit ri. lc lc

c c cc c c c c c c c c c c c c*c4 "c

lc

c c 4c 8 ccc

8 ccc lc 3c

c8cc&c4 cc c c&,=c1 c c 4c

c c&c4 cc c c,="c

c cc4cc;? c

c

c

c cccc c*c4 cc 4 cc

c1 c "c

c

c c c c c c-c4 c"c

cc;? c c c c c cc4 c cc c2c

c c4c c ccc0c2'4 c "c

34

c

S co h hicl s s l ct shoul ot b worth mor th Rs. 1.5 millio l ss th Rs. 250,000/-. 9 B will h th hicl lu by i p t lutio compy ccorigly.c 0 cñcc ñ ccñ c {c 0 c+ Cr I rh, sig u r th sup risio of 9 Bs Shrih Sup risory Bor, is uiu to cr l sig fciliti s proi by oth r bs. "c

: c c

c! c9c5 cc1 c. c< c

"c

cc c c c ccc

cc

"c

c

cc;

c

cc

c

c "c



4cc 4cc5 c4 cc! c c; c c

c c;" c

A Islmic I rh is ss t-bs cotrct, i. . th L ssor shoul h ow rship of th ss t urig th p rio of th cotrct. U r Islmic Shrih, ll ow rship r lt rights libiliti s shoul li with th ow r whil ll usg -r lt rights libiliti s shoul li with th us r. A co tiol l s cotrct o s ot istiguish b tw th tur of th s libiliti s plc s ll libiliti s o th us r of th ss t, cotrictory to Islmic Shrih. U r I rh, ll ow rship-r lt riss li with th B whil ll usg r lt riss li with th us r, thus mig th L ssor th tru ow r of th ss t mig th icom g rt through th cotrct p rmissibl (Hll) for th B. c c

c

If th l s hicl is stol or compl t ly stroy , th co tiol l sig compy cotiu s chrgig th l s r t till th s ttl m t of th Isurc clim. U r th Islmic syst m, r t is cosi rtio for usg of th l s ss t, if th ss t hs b stol or stroy , th coc pt of r tl b com s oi. As such, i th bo -m tio tuliti s, 9 b o s ot chrg th l s r tl.

35

c

c S c

L glly (i ccorc to Pists Lw R gultios), it is r uir for ll l sig titi s to isur th l s ss ts. As such, 9 B isur s its l s ss ts. 9 B isur its ss ts through Tful oly, which is Islmic prouct for isurc . c S c

I most cot mporry ficil l s s, xtr mo try mout is chrg , i th ir icom , if th r t is ot pi o tim . This xtr mout is th cosi r s Rib is Hrm. U r I rh, th L ss my b s to u rt , tht if h fils to py r t o its u t , h will py c rti mout to chrity, which will b miist r through th Islmic B. For this purpos th b mitis chrity fu wh r such mouts my b cr it isburs for chritbl purpos .

lc 6,c * ccc: c { c No p p l ic t io f {c Es

o f cu ir ig y w l9oc lly ss mbl cr

{c No up fr o t is ur c /T fu l P ym t {c No c {c A ilbl

R t l i t ur s o f 3, 4 5 y r s

{ c 9 i i mu m- s cu r it y p o s it s lo w s 1 5 % {c 51c 4c c {c ! c8c c 4c c c c {c c8

c c 4c {c c8 c c {c c 4c 8 c c1c c(,=@c c {c 3c 1c cc8 c c04c 3c 1c cc8 c c04c

c c c c

c c c c

w ô c 36

c

c lc . c* cc For iformtio o clcultio of mothly r tls cotct us our Cr I rh Clcultor or cll our 24/7 Cll c t r. lc ++,ccc: I To pply for 9 Bs Cr I rh, fill out custom r pplictio form (ilbl t y 9 B Lt. Brch), ttch th r uir ocum ts g t your ficig ppro i 1-2 worig ys. For furth r tils m ppoitm t with offic r or cll our 24/7 Cll c t r.

lc ++ )c,cc H c0 c )c c Cr I r h is sig u r th sup r is io o f 9 Bs Shr ih Sup r isor y Bor is ppro by t h Bor. c lc 0 )*cc ; c {c Do m st ic Î hicl s-N w {c Do m st ic Î hicl s-Us

Èc I mport Î hic l s Èc Co mm rc il Î hic l s È c Ou t S t t io Î r i f ic t io C hr g s c c Dc

c 5

c c(",,c c$%%%%%%.')c

c

c



c

2,,,.'c

37

c

6 c c(",,c c



c

5,000/-

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1 c(",,c c9c("*c c

cA c cc c "c

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38

c

c ! "c*,,.'cc(,,,.'c 8 c8 c c c

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th c

T o c lc u lt t h mo t h l y r t ls s i mp l y mu lt ip l y t h c r w it h t h r t l f ct o r s g i i t h t b l b lo w

cost o f

. c * c cc c S c u r it y

3 y rs

4 y rs

5 y rs

10%

0.033988

0.028131

0.025341

15%

0.032303

0.026765

0.024125

20%

0.030619

0.025398

0.022909

25%

0.028934

0.024032

0.021693

30%

0.027249

0.022666

0.020478

35%

0.025565

0.021299

0.019262

40%

0.023880

0.019933

0.018046

45%

0.022195

0.018567

0.016830

50%

0.020511

0.017200

0.015614

D p o s it

For

xmpl : if you r

fo r t ur

it r st i cr cost ig Rs.300,000

of 5 y rs r

w i l l i g t o p y 5 0 % S cu r it y

D p o s it , yo u r mo t h l y r t l w o u l b ,

39

c

Rs. 3 0 0 , 0 0 0 X 0 . 0 1 5 6 1 4 = R s. 4 , 8 4 / - p r mo t h fo r 5 y r s (ww All oth r costs w ill b

chrg t ctul)

. c * c c* )c c S c u r it y

3 y rs

4 y rs

5 y rs

15%

0.032519

0.026990

0.024364

20%

0.030823

0.025611

0.023135

25%

0.029126

0.024232

0.021906

0.027429

0.022853

0.020676

35%

0.024572

0.021474

0.019447

40%

0.024036

0.020095

0.018218

45%

0.022339

0.018716

0.016989

50%

0.020642

0.017338

0.015760

D p o s it

30%

For

xmpl : I f you r

t ur A r

it r st i cr cost ig Rs. 300, 000 for

of 5 y rs w i l l i g t o p y 5 0 % S c u r it y D p o s it , yo u r t o t l mo t h l y

r t l woul b : Rs. 3 0 0 , 0 0 0 X 0 . 0 1 5 7 6 0 = R s. 4 , 7 2 8 p r mo t h fo r 5 y r s (ww All oth r costs w ill b

chrg t ctul)

c c

40

c

lc 5ccc ++,Ac

S i mp l A l l yo u ttch th

t o o is fi l l o u t cu st o m r p p l ic t io fo r m,

r u ir o cu m t s m t io i t h

ficig ppro i 1-2 worig ys. To

fo r m g t yo u r

xp ri c

o f o u r p r so l i s r ic s u st is it yo u r r st 9

th

co mfort B

Brch. c 0¯c4D.7cD¯c¯2c.c3.5c c Æ c c c * c * c c c * c

c

*c c Ac 9B L is i s u r i g it s Cr I r h h ic l s t hr o u g h T fu l r r g m t w it h P Ku w it T fu l Co mp y, P ist s fir st T fu l p r o i r . T h s co mp y h s st r t o p r t io s i Kr c h i Cr I rh hic l s o f Kr chi r ow b ig co r t hrough T fu l. As t h o p r t io s o f P Ku w it T fu l xp it o o t h r c it i s o f P ist , C r I r h h i c l s i o t h r c it i s w i l l lso b isur t hrough Tfu l. 9BLs pr s t isurc rr g m t w ill b il b l fo r c it i s w h r T fu l is o t pr s t ly il b l s ic L s ss ts r r uir to b isur u r th lw. How r, 9 Bs I r h rrg m t cl r ly st t s t ht 9 B will us co t io l I su r c o l y s lo g s T fu l is o t ilbl , w r ow cl r ly o t h ro t o hig ll our Cr I rh hic l s isur t hrough Tful.

c

c c c 41

c

c 8c¯Dc.c3.5;c D8cDÆc20Æc.cDDD4c c

42

c

c &cGDcD6c0Fc5¯c-5¯20c DDD4/; c

Esy Hom is Pists first totlly Shrih-complit Hom Fic fcility O tht is compr h si , fforbl , totlly hssl -fr . For t 9 B, w r committ to m tig our custom rs s, i truly Shrih-complit m r coupl with ict s ric xc ll c . lc 8 ,c c5c c c c + c c,*A

Owig your ow hom is o of lif s most importt chi m ts. It r pr s ts your s curity, stbility, is gr t bl ssig i its lf. It proi s tht ll-importt sf ty comfort for you your lo o s. How r, i toy's oft upr ictbl costly irom t, sig th r uir mo y c t lif tim i its lf. Risig prop rty pric s, tx s, ifltio, curr cy lutio its ll ry hr brgi. O th oth r h, owig your ow hom pyig sy istllm t, which t s you st p by st p towrs compl t ow rship, is so much b tt r th pyig r t which ultimt ly oly s to your xp s s. A to tht is your sir to sty wy from it r st bs ficig b totlly rib-fr , thus chi -ig tht compl t i r stisfctio p c of mi. Why ot h th b st of both worls? Is't tht wht you r worig so hr for ywy? lc c cccÆ c* c

With Esy Hom you prticipt with 9 B i oit ow rship of your prop rty, wh r th B will proi c rti mout of ficig (usully up to 80%). Õou gr to mothly pym t to th b of which compo t is for th us of th hom , oth r for your uity shr . I fct, th totl mothly pym t is r uc r gulrly s your shr i th prop rty grows. Wh you h m th full i stm t, which h b gr upo, you b com th sol ow r with fr cl r titl to th prop rty. lc 8 c + ,c c ,c5c0 c+ A

As Dimiishig 9ushrh it coforms to Shrih lws sp cificlly r lt to ficig, ow rship tr . Tig ow rship through prt rship th trsf rrig compl t ow rship to th cosum r ist of simply l ig mo y is th m or fctor tht m s our prouct Shrih complit. Th tur of th cotrct is co-ow rship ot lo b cus th trsctio is ot bs o th l ig borrowig of mo y but o th oit ow rship of ss t. 9 B shr s i th cost of th ss t b ig purchs , for xmpl i th cs of 43

c

buyig hom . I co tiol mortgg s th it r st chrg is mr-up o th mo y l t. Th profit chrg by 9 B is th utilitio pym t for your us of our shr throughout th lif of th cotrct. Õour pym ts to 9 B r compl t ly rib-fr .

lc 8 ,c c c+ c c )c,ccc )c c c c

c c ) A

At 9 B, th profit mrgi is ir ctly corr lt to mr t tr s to proi comp titi prouct to our custom rs. Shrih llows th us of y co tiol mr t fctor s b chmr to t rmi th profit rt of prticulr prouct. Th m r fct tht th ppli profit rt of our prouct is bs o similr fctors us i t rmiig th ppli rt of it r st of mortgg o s ot r r th trsctio or th cotrct ili from th Shrih p rsp cti , ith r o s it m th trsctio it r st-b rig o . O th oth r h, it is th u rlyig structur of th prouct tht t rmi s its Shrih complic . lc 0 c0*+ ,c)c

Th l tt r spirit of Islmic Big r st upo bsolut h r c to th Shrih. Th foutios of strog Shrih u rpiig t 9 B w r li from th b giig. A worl r ow Shrih Sup risory Bor highly ulifi xp ri c i hous Shrih Aisor r fum tl sp cts of th B's cor USP. Th primry rol of this bor is to miti furth r str gth this commitm t to sur strict Shrih complic i ll th B's op rtios. Th m mb rs of th Shrih Sup risory Bor of 9 B r It rtiolly-r ow scholrs, s rig o th bors of my Islmic bs op rtig i iff r t coutri s. c cc c)c; c 3 c c c !

44

c

lc , c c 0 +3*+c) Th St p-up Pym t pl is itrouc for custom rs who it to il mximum ficig fcility with low r istllm ts. Th st p up mo l is bs o Shrih Complit structur of Dimiishig 9ushrh. I this mo l, th bs shr s ii ito mor 9ushrh uits i th iitil hlf of th fcility t ur , th custom r purchs s o 9ushrh uit from b ry moth i th lt r hlf of th fcility t ur , th custom r purchs s two 9ushrh uits from b ry moth. Thus th mothly istllm t urig iitil y rs is comprti ly low r which is sily fforbl . This mo l is Shrih Complit Alt rti ilbl to th custom rs who wish to il mximum ficig fcility from b. 2c) Esy Hom is structur u r th coc pt of imiishig 9ushrh wh r 9 B Custom r t r ito 9ushrh Agr m t wh r by both th prti s proi th ir i stm ts to b utili for th purpos s of purchs /costruct/r ot th prop rty. Th Joit ow rship is cr t i th prop rty b tw B & custom r by irtu of th 9ushrh gr m t. (This is bs o th pricipl of Shirt ul 9il) Bs shr is ii ito uits is gi to th cli t o r t Cli t promis s to purchs Bs shr (uits) o r th t ur of trsctio Cli t purchs s th uits ry moth will tully b com th ow r of th prop rty. R tl mout is ust ccorig to th bs shr (uits) r miig i th prop rty. I U9I , th 9ushrh uit pric r mis costt through out th ficig p rio. E *c c* Now you c il ficig fcility for mximum up to 25 y rs p rio. lc 0Fc5¯c.¯Æ20c *,>c* )>c. >cc.+I ~ c ~ ~ ~~

,c*,cJcChoos it g t r y to mo i

45

c * ; c 0 c cc!c,,,,,.'cc!c2,c cc

cBc!c c cc!c,,,,,.'cc!c *c cc

c "c c B 4c cc c ccc4 cc&,c4 cc

c c. c-./ c <8cc/,=cc c.cBc.c!"ccc c <8cc+,=cc

8

"ccc c c c c 4c c8 c.c 4c



c



c ~ ~ ~~ c å c c 8 c c4c1 ccCc c

,c* )c cc+ c++ c c ;ccccccccccccccccccccccccccccccccccccccc ("c ! c

c c88 D c1 c cc &"c cc c9c c

cc "c B cc c 4c

c c 1cc

* ; c 0 c cc!c,,,,,.'cc!c2,c cc cBc!c c cccccccccccccccccc

!c,,,,,.'cc!c*c cc

c "c c B 4c cc c cc&c4 c$ 0 c

c8 cc0c(&c )cc&,c

46

c

4 c c. c-./ c <8cc/,=cc c.cBc.c!"ccc c <8cc+,=cc

8

"ccc c c c c 4c c8 c.c 4c c)cc

c c ,c. cJc9 your hom

b tt r or ust r pir it

* ; c 0 c cc!c(*,,,,.'cc8cc,=cc

88 4c c c B 4c cc c cc&c4 c8ccc

0cc(*c4 cc

c



)c ,c.+cJcTrsf r your xistig mortgg

Õou c ow cotiu to oy your hom , but with th stisfctio p c of mi you lwys wt . 9 B will h lp you switch your xistig libility o r to us l t you oy th b fits of Hll totlly fl xibl ficig. * ; c 0 c cc!c,,,,,.'cc!c2,c cc

cBc!c c cc!c,,,,,.'cc!c *c cc

c "cc c B 4c cc c ccc4 cc&,c4 cc

c

c

47

c

c c. c-./ c <8cc/,=cc c.cBc.c!"ccc c <8cc+,=cc

8

"ccc c c c c 4c c8 c.c 4c c c

(&c " c



lc 0+ c cc ,c5 c c

! cc Àc c c c Àc 3 > c c

c88 4c c Àc 04cc c8c8 84 cc Àc c8

c c Àc 3 c c8 c

c c1 cc c c 4c c Àc ! c 0 cc c c9c56 c Àc ® c

c c Àc 3 4c

'

"c® c 'c 'c c1 c c

c8 0 cc

0

c88 c1 "c; c 8 cc cB 4Cc Àc c c c

c 8c1 c!c

c cc4c c c 4c1 c

c D c 4c c

®

c 3 4c

' "c® c ' ' c1 c c

c8 04cc 0

c 88 c1 "c;c c 8 c c c 4Ccc c å å"c

7 cc c c c8 c4c; c c

cc c >c

cc

ccc> c88 c1 c

c c c

c> c8

c c '

"cc

c c! c c c884c1 c8 cc cc

48

c c8

cc

c "c

c c

c

® c c3 c c8 c c cc c c c 0 c 84 c8 c1 c c8 '84 c c c 4c84 c

c84cc"cc

c å c

7 4c84 c c

c c c Ec

c4c 0 c c c4cc c c cc c8c c1 c 0 c84 c8

"cc8 '84 c c c 4c84 c

c84cc"c

c

lc c. c c0 )c* c *) c0H >cD.H c9c cD ,; Fix ± 1st Õ r : K w + 3.00 % p. Aul R -pricig : K ww + 3.00 % p.. (Floor 12.00% p.. Cp 30% p..) c*

c* ; Fix ± 1st Õ r : K w + 4.00 % p. Aul R -pricig : K ww + 4.00 % p.. (Floor 12.00% p.. Cp 30% p..) wc cc c c c c c c cc cc c c cc c c c c c c wwc c c c c cc c c c c c cc cc c c c c c ccc )) c2 c* Aitiol uits will b r lu t 3%. . cc c.

Profit rt s will b r is ully o Accout Ai rsry. .+, c1*,c)c) 9othly istllm ts, through Dir ct D bit of custom rs ccout miti t 9 B Lt i y brch. Com t th st p towrs Rib-Fr B's Esy Hom

ficig for your hom , m 49

sy with 9

c

l c 7 4 7 F c . . ; c c cc

å cc



8cc

c

c 4c

4 c c! c9c ! 8 c

c.c! c c

; c c cc 8

c 8 c1c c88 c4c c !c c1 c1c c c

c c c 88 4. "c

c

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l c 7 ¯ D c . ¯ Æ 2 . : ,5c.)c+ Applyig for Islmic Housig Fic is Esy Simply owlo th pplictio form follow th 9 sy st ps gi b low to m your r m of owig Hom , i truly Hll wy, com tru . 0 +c;c++ cc9c c, c c

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8' c c 8 cc388 c.c'388 cc Àc 84cc! c: c$c88 )cc Àc 84cc c8c<4c c$B 4.6 . 8 )cc Àc 1 c cc

cc

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c c S

S #cc Àc cc c84cc c4c8cc Àc B84 c c c .: .4cc Àc c cc

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I th cs of Co-Applict, ll icom r lt ocum ts will lso b r uir .

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0 +c!;cc c ccc c cc 9 Bs Ext rl Cosultt will cotct you to t rmi your mothly icom to h lp you i obtiig th mximum possibl ficig from th B. Kily proi th m ll th r uir tils. c c 9 B will rify th icom with your mploy r c 0 +c';c7c+ 9 B will obti l gl opiio o th prop rty ocum ts proi by you.

0 +c(;c+ ,c * 9 Bs ppoit Îlutio Ag cy will lut th prop rty to t rmi its mr t lu

0 +c";c) c++ c9c0 c7 Aft r you h stisfctorily fulfill ll 9 Bs cr it r uir m ts, w will gi you coitiol sctio l tt r.

0 +c#;c* c¯+ Aft r pprol of th cs , you r r uir to op ccout t 9 B submit fill Accout Op ig Form.

53

c

0 +c ;c0 cc5* c c Aft r compl tio of th bo st ps pprol of your cs , you r r uir to com to 9 B for sigig of th Islmic Hous Fic Agr m t oth r l gl ocum ts.

cc Th Esy Hom pplictio proc ss is sub ct to th followig f s 0 )*cc ;c 0 cc

0 ) cc

*



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cc



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c!c*,,,cc

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wDocum ttio chrg s r xclusi of bo -m tio chrg s will b obti t th tim of sigig of 9ushrh Agr m t ccorig to th limits of ficig. ,c
I Esy Hom , i th t of y ly i mothly pym t without li r so, th custom r will b r uir to py s chrity sum of Rs.500/- (Rup s Fi Hur Oly) mout @1% p r y o such o ru mout r miig upi.

c

l cÆ ¯ 2 D 0 c . K 2 . Æ c ¯ . c 0 F c 5 ¯ ; c c c c 0 )c ; c { c Co p y o f r c t p y s l ip / mp lo y r l t t r .

54

c

{ c E mp lo y r C r t if ic t

fo r S l r i

mp lo y

s ic lu ig t or,

s ig t io & s lr y. { c L st 6 mo t h s B st t m t . *

c+ ;c {c Copy o f mg m t ccout s ( if pplicbl ). {c B St t m t o f Bus i ss. {c 3 Õ rs Proo f o f Busi ss( { c P r o f s s io l

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5,000/-

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4,000/-

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3,500/-

c 55

C rt ifict /Prct ic

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c ++ ; c L g l o cu m t t io C h r g s. Rs. 1,000(Up to 19) Rs. 2, 500( Abo

19)

Rs. 10,000( Abo

109).

c c * ) c , c c c 7 )c To fcilitt t yp s, 9

th

cust om r t hrough o p ig ccout s o f iff r t

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which th y coul b fit custo m r. Th

custo m r coul

sily i st

i i f f r t t yp s o f c r t i f ic t s o f i f f r t i st m t s c o u l g t p r o fit t t t r ct i

rt s. Th s

c rt ifict s r

s u r:

c c cc c 3¯ c Th

Rib Fr

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o f Is lmic I st m t is S hr ih

co mp l i t i st m t c r t i f ic t

w it h m i i mu m i st m t o f R s.

5 0 , 0 0 0 o f f r i g t u r s fr o m 3 mo t h s t o 5 y r s. P r o fit o i st m t m y b

r o th

fo llo w ig bs is :

È c 9o t h l y p r o fit o 1 , 2 , 3 5 y r s ( 9 i i mu m I st m t Rs.

200,000) È c ®u r t r l y p r o fit o 1 , 2 , 3 5 y r s È c At mt u r it y p r o fit p y m t fo r l l t u r s

Rib- Fr

C rt ifict

o f I sl mic I st m t (COII) wors u r t h

p r i c ip l s o f 9 u r b h is st r ic t l y i co fo r m it y w it h t h

rul s

o f I s l m ic S hr i h. P r o f it c lc u lt io l l b i g t r s ct io s 56

c

r

i str ict h r c

to th

Shr ih Aisor t h

I s l m i c S hr i h, mo it o r b y o u r

Shr ih Sup r isor y Bor.

c c c cc c c Rib- Fr

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t ll brch s o f 9

B Lt.

9

b iit

yo u t o is it y o f t h ir br c h s t o

th

co mfo r t o f o ur p r so li s r ic s. T o m

b r u ir s c u st o m r s t o m it i c co u t w it h 9

xp ri c

i st m t t h

it h r c u r r t o r s i g

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Acco u t Op i g Fo r m, br i g i t h it rouc by

r uir ocu m t s, g t

xist ig b r.

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È c 2 4 / 7 C l l C t r w it h co mp l t

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)



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9othly 9urbh C rtifict s is fl xibl rup

bs i stm t which hs b

sig to gi you mothly r tur. Th miimum i stm t r uir is oly Rs. 100,000 you r c i profit for ch compl t moth of i stm t with th B. Th 9othly 9urbh C rtifict wors u r th pricipl s of 9urbh i strict coformity with th rul s of Islmic Shrih, th Profit clcultio of 9othly 9urbh C rtifict s ll oth r big trsctios r i strict h r c to th Islmic Shrih, moitor by our Shrih Aisor th Shrih Sup risory Bor. 6, *

Durig your r ltioship with us, you woul b

titl to r c i th followig itiol

b fits. Èc A 100% hll i stm t i strict complic with Shrih Èc 9othly profit pym t to your curr t or sig ccout with b. Èc Pr -mtur withrwl optio ilbl s p r ppro sch ul (pplicbl to ll c rtifict s) Èc B blc c rtifict s Èc Fr

Oli Big s ric s t ll 9 B brch s Èc 24/7 Cll C t r with compl t Pho -big s ric s Èc P rsol ficil cosultcy s ric s Èc Sp cili 8 to 8 Big Li s Big t s l ct brch s

58

c

c cc ,c*) c Just fill i th Accout Op ig Form brig i th r uir ocum ts. Aft r op ig of ccout, custom r c g t th ir c rtifict s oy m b p rsoli big s ric s. c

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c

(,,c9c3 c

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c c c c cc c; c c c4cc c3 c c c c8 4c"c

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c

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c

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c8 c )cc c c3c c

1 c 1 c Èc

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59

c 1 cc

c

Èc

c; c c4c

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c

S 9 c

I st, i Rib-Fr

9 Am C rtifict (9AC) oy p rsoli big

s ric s from y 9 B brch cross Pist. Simply submit compl t pplictio form, log with th r l t ocum ts. c)c c3cc

Profit Rt s r pplicbl for 9 Am C rtifict blc s for th moth of 9y 2010 c

9 c

*c(.&c4 cc

(,"-%=c

/c4 cc

(&"-2=c

!cc )c c 9 Proi c C rtifict is log-t rm i stm t c rtifict sp cilly sig to ct r to th s of corport busi ss coc rs for purpos s of i stig th ir Proi t, P sio Grtuity Fus. As y pru t i stor, your mi coc rs woul b totl s curity log with th b st r turs possibl , sp cilly s th s fus r trust from your mploy s o tht b rs importt r sposibility. 9 Proi c r sts o th w ll ow soli ficil str gth of 9 B, which hs strog cr ibl blc sh t with xc ll t op rtig profitbility, icluig cpitl ucy rtio tht hs plc th B t th top of th iustry, log-t rm tity rtig of A+, short-t rm tity rtig of A1. Furth rmor , b st rlig trc r cor shows cosist tly b ficil highly comp titi r turs for b bro rg of i stors. Filly, com s th b fit of truly Hll r turs, b fit custom r my ot h h th opportuity to oy b for o tht custom r c ow pss o to your mploy s, my of whom woul b grt ful for such opportuity.

60

c

Rib-Fr 9 Proi c C rtifict (9PC) wors u r th pricipl s of 9urbh is strictly i coformity with th rul s of Islmic Shrih. Profit clcultio ll big trsctios r i strict h r c to th Islmic Shrih, moitor by our Shrih Aisor th Shrih Sup risory Bor.

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c Èc 5 ' c 4c

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c c

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c .64.

c "c

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ul cc ss to ll ulifi pplicts,

c )c c3c

Profit Rt s r pplicbl for 9 Proi c C rtifict blc s for th moth of 9y 2010 c

c

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'cÆc *) c c Th Rib-Fr Dollr 9urbh C rtifict (D9C) is fl xibl i stm t prouct which hs b sig to gi you profit pym t optios t mothly, urt rly mturity. D9C wors u r th pricipl s of 9urbh is strictly i coformity with th rul s of Islmic Shrih. O gr ig to b com D9C hol r, th custom r t rs ito r ltioship bs o 9urbh with 9 B. U r this r ltioship, th custom r is i stor (Rb-ul9l), th B is th 9g r (9urib) of th fus posit by th custom rs. Th B lloct s th fus r c i from th custom rs to posit pool. Th s fus from th pool r utili to proi ficig to custom rs u r Islmic mo s tht iclu , but r ot r strict to 9urbh, I rh, Istis Dimiishig 9ushrh.C rtifict wors u r th pricipl s of 9urbh is strictly i coformity with th rul s of Islmic Shrih. Profit clcultio ll big trsctios r i strict h r c to th Islmic Shrih, moitor by our Shrih Aisor th Shrih Sup risory Bor.

6,c *

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c c c8 c88 c

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c

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Æc*) c c3cÆ

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c

c

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t o y p l fo r U mr h o r H .

c7 c c ; c l c P y t o y & p r fo r m U m r h o r H o w ft r p r o c s s i g o c u m t t io . l c A s p r S u i P B E G I B

xp r i c ppro ximt ly 5 0% o f o ur

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o t s t i s f i w it h t h

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Th B is th first i th coutry to itrouc 'Li s Big' ict big s ctio oly for li s. This w s ric proi s xclusi big r s p r th s t Shrih pricipl s for our ly custom rs i mor comfortbl irom t. Th ict Custom r S ric s Offic r i our li s oly big r will proi cosultcy for full rg of our Hll big s ric s icluig, 9m to 5pm Oli Big, T rm C rtifict s, Curr t & Sig Accouts, Cosum r Ficig 24/7 big s ric s. c 0 c+ ))c c c7) c c0 c *); {c

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Our li s big s ric is prt of 9 Bs missio to focus o custom r co i c s ric ulity m Islmic Big th big of First Choic . This s ric is pr s tly b ig off r t Brt- -Hy ri brch i Krchi, will b off r t som of our oth r brch s ry soo. Ish'Allh.

c* c 9 Bs Sigs Accouts (icluig 9 Bcht Accout, Krobri 9uf Accout, tc.) (COIIs, icluig ll t rm posits .g 9 Am, 9 Proi c , 9othly 9urbh C rtifict , tc.) r bs o th Islmic pricipl of *) . 9urbh is form of prt rship i which o prt r i sts fus (cll th Rb ul 9l) whil th oth r prt r is th worig prt r (cll th 9urib) is r sposibl for pru t mg m t of fus. Durig th moth, th B us s th s fus / posits to proi Islmic Ficig to oth r Custom rs o th bsis of 9urbh, I rh, 69

c

Istis tc. At th of th moth, th B cosolit s th Profit figur s, clcult s th 4

c. Th Gross Icom is clcult ft r uctig costs xp s s ir ctly icurr i riig tht Icom . Gross icom of th posit pool is shr b tw th B (9urib) custom rs (Rb ul 9l) o th bsis of pr - t rmi profit shrig rtio ouc t th b giig of th p rio. Th profit is istribut to th ccout hol rs o th bsis of pr t rmi w ightg s, lso ouc t th b giig of th moth, bs o th ir r sp cti ct gory/ti rs. I cs of loss, s p r th rul s of 9urbh, th posit pool shll b r th loss i th rtios of i stm t of positors.

c c ; Th curr t Profit Shrig Rtio b tw 9BL (s 9urib) th D positors (s Rb ul 9l) is s follows: .c.*+cÆ+ c* c)c c 9 Bs profit shrig rtio (s 9urib) ---- 50% of Gross icom . D positors profit shrig rtio (s Rb ul 9l) ---- 50% of Gross Icom . %cÆcÆ+ c* c)cc c 9 Bs profit shrig rtio (s 9urib) ---- 50% of Gross icom . D positors profit shrig rtio (s Rb ul 9l) ---- 50% of Gross Icom . At th b giig of th moth 9 B ouc s y chg i th bo m tio Profit Shrig Rtiow for th comig p rio. c c ; Profit Shrig W ightg s for rious ct gori s / ti rs of posits COIIs r lso ouc t th b giig of th moth for th comig p rio. How r, y chg i th Profit Shrig W ightg s for th xt p rio will lso b ouc by th B t th b giig of th moth. c0 c8 cc c* c c At th of th moth, th B my uilt rlly r uc its profit shrig rtio for th b fit of positors. Amout of Profit shll b ri ouc o mothly bsis. Aouc m t of y chg i Profit Shrig Rtios Profit Shrig W ightg s for th comig p rio by th 1st of tht moth.

70

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His ul sl s turo r is Rs. 800 millio or mor H s fu o-fu li s of o r Rs. 150 millio H hs succ ssful busi ss tr r cor for miimum p rio of 3 y rs, bc by uit ficils

Corport Big hs lrg umb r of multitiol locl cli ts r pr s tig rious s ctors of th coomy. Cli t r ltioships r hl by ict R ltioship 9g rs fully by Bs Brch stff to proi high ulity s ric t comp titi mr t ri pricig. c c*

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His ul sl s turo r is up to Rs. 300 millio H s fu o-fu li s of up to Rs. 75 millio

9 B xt s ficig to ct r to busi ss s of ll th bo m tio typ s of custom rs i th followig r s: /c 8 c+ c c %/c : c ccE c+ c cE+ cc.c1* c

c &/c cE+ c. c ,c- cc)c c/c !/c )c. )c0 c

76

c

/c8 c+ c c0* c ccccccccccc-c c c c1* /c Prt of th wi rg of Shrih complit solutios for our custom rs r 9urbh, Ti rh Istis, sig to m t worig cpitl r uir m ts. For xmpl , if you fic for purchsig rw mt rils for your iustry or r trig i goos th you coul us 9urbh or Istis to m t your ficil s.

* c Æ c c 9 is prticulr i of sl wh r th s ll r xpr ssly m tios th cost of th commoity purchs , s lls it to oth r p rso by ig som profit th r o. Thus, 9 is ot lo gi o it r st it is sl of commoity for csh/ f rr pric . Th !c9 iol s purchs of commoity by b o b hlf of cli t its r sl to th ltt r o cost-plus-profit bsis. U r this rrg m t, th b isclos s its cost profit mrgi to th cli t. I oth r wors rth r th cig mo y to borrow r, th b will buy th goos from thir prty s ll thos goos to th custom r t gr pric . O of th most commo mo s of fic mploy by Islmic Bs, 9urbh is bs o th xct r uir m ts of ch custom r. It c b fi s sl s trsctio wh r 9 B purchs s th commoity s lls it ft r ig gr profit. Thus, it is ot lo gi o it r st - it is th sl of commoity o f rr pric . H c 9urbh iol s th purchs of commoity by 9 B o b hlf of custom r th subs u t r sl to th custom r o cost-plus-profit bsis. Th cost profit mrgi to th b is xpr ssly isclos to th custom r. Simply put, rth r th cig mo y to th custom r, 9 B buys th commoity from thir prty s lls it to th custom r t gr pric , which iclu s l m t of profit.

So wht is th iff r c b tw 9urbh Sl ? A simpl sl i Arbic is cll 9uswmh - sl tht o s ot iol isclosig or r f rrig to th cost of goos sol. How r, wh th cost pric is isclos to th cli t, it is cll 9urbh.

77

c

Æ c c* c)c0c A simpl sl i Arbic is cll 9 - sl without isclosig or r f rrig to th cost of goos sol. How r wh th cost pric is isclos to th cli t, it is cll 9 . A simpl 9 is o wh r th r is csh pym t 9 9 is o o f rr pym t bsis.

c.* cc* Followig r th rul s go rig 9 trsctio: {c {c {c

{c {c {c {c

{c {c {c

Th sub ct of sl must xist t th tim of th sl . Thus ythig tht o s ot xist t th tim of sl cot b sol s this m s th cotrct oi. Th sub ct mtt r shoul b i th ow rship of th s ll r t th tim of sl . If th s ll r s lls som thig tht h hims lf hs ot cuir , th th sl b com s oi. Th sub ct of sl must b i physicl or costructi poss ssio of th s ll r wh it is sol to oth r p rso. Costructi poss ssio m s situtio wh r th ow r hs ot t physicl li ry of th commoity y t it hs com ito his cotrol ll rights libiliti s of th commoity r pss o to him icluig th ris of its structio. Th sl must b istt bsolut . Thus sl ttribut to futur t or sl cotig t o futur t is oi. Th sub ct mtt r shoul b prop rty hig lu i th y s of Shri. Th sub ct of sl shoul ot b thig us for u-Islmic purpos . Th sub ct of sl must b sp cificlly ow i tifi to th buy r. For Exmpl , µA ow r of prtm t builig sys to µB tht h will s ll prtm t to µB. Now th sl is oi b cus th prtm t to b sol is ot sp cificlly m tio or poit to th buy r. Th li ry of th sol commoity to th buy r must b c rti shoul ot p o cotig cy or chc . Th c rtity of pric is c ssry coitio for th liity of th sl . If th pric is uc rti, th sl is oi. Th sl must b ucoitiol. A coitiol sl is ili ul ss th coitio is r cogi s prt of th trsctio ccorig to th usg of th tr .

H Istis is sl trsctio wh r commoity is trsct b for it com s ito xist c . It is or r to mufctur sp cific commoity for th purchs r. Th mufctur r (our custom r) us s its ow mt ril to mufctur th r uir goos. I Istis, pric is fix with th cos t of ll prti s iol . Similrly ll oth r c ssry sp cifictios of th fiish prouct r gr b for h.

78

c

Hc cc)cc Istis Fic is us to ct r for th worig cpitl r uir m ts of busi ss iol i th mufcturig of goos. It is i lly suit for xport rs mufctur rs who h xport or rs i th shp of Sight/Usc L tt r of Cr it/ Sight Export Cotrct D/P/ Usc Export Cotrct D/A. ! is sl trsctio wh r commoity is trsct b for it com s ito xist c . It is or r to mufctur r to mufctur sp cific commoity for th purchs r. Th mufctur r us s his ow mt ril to mufctur th r uir goos. I ! , pric m ust b fix with cos t of ll prti s iol . All oth r c ssry sp cifictios of th commoity must lso b fully s ttl . ! my b us to proi ficig for costructio of hous . If th cli t ows l s s ficig for th costructio of hous , th fici r my u rt to costruct th hous o th bsis of . If th cli t o s ot ow th l wts to purchs tht too, th fici r c proi him with costruct hous o sp cifi pi c of l. ! my lso b us for similr pro cts li istlltio of ir coitio r plt i th cli ts fctory, builig brig or highwy. Th mo r BOT (buy, op rt trsf r) gr m ts my b formli through ! gr m t s w ll. So, if th go rm t wts to buil highwy, it my t r ito ! cotrct with th buil r. Th pric of ! c b th right of th buil r to op rt th highwy coll ct tolls for sp cific p rio.

%/c: c >cE+ cc.c.1* c 0* cc (for m ium log t rm ficig r uir m ts)

Two of th most commoly us Islmic ficig solutios il by busi ss s toy, Dimiishig 9ushrh I rh r i l for xpsio of busi ss s, B9R r uir m ts or oth r m ium to log t rm ficig r uir m ts.

Æ c* Usig this ficig mo l, 9 B th custom r prticipt i th oit ow rship of ss t. Th ss t is ii ito umb r of uits th custom r p rioiclly purchs s th s uits from th b o r sp cifi p rio. O r tim , th custom r purchs s ll uits ow by th b, mig him or h r th sol ow r of th ss t or th comm rcil t rpris . 79

c

Dimiishig 9ushrh is most commoly us for th ficig of fix ss ts, pro cts, hom s utomobil s. Accorig to this coc pt, fici r his cli t prticipt ith r i th oit ow rship of prop rty or uipm t, or i oit comm rcil t rpris . Th shr of th fici r is furth r ii ito umb r of uits it is u rstoo tht th cli t will purchs th uits of th shr of th fici r o by o p rioiclly, thus icr sig his ow shr util ll th uits of th fici r r purchs by th cli t so s to m him th sol ow r of th prop rty, or th comm rcil t rpris , s th cs my b .

cc c ccÆ c* cc c Th propos rrg m t is compos of th followig trsctios: 1.c 2.c 3.c 4.c 5.c

Cr tio of oit ow rship i th prop rty ( 9). Giig th shr of th fici r to th cli t o r t. Promis from th cli t to purchs th uits of shr of th fici r. Actul purchs of th uits t iff r t stg s. A ustm t of th r tl ccorig to th r miig shr of th fici r i th prop rty.

I th bo m tio rrg m t, followig coitios must b t cr of: Th gr m t of oit purchs , l sig s llig iff r t uits of th shr of th fici r shoul ot b ti -up tog th r i o sigl cotrct. How r, th oit purchs th cotrct of l s my b oi i o ocum t wh r by th fici r gr s to l s his shr , ft r oit purchs , to th cli t. At th sm tim th cli t my sig o -si promis to purchs iff r t uits of th shr of th fici r p rioiclly th fici r my u rt to r uc th r t o r miig uits ccorigly. {c At th tim of th purchs of ch uit, sl must b ff ct by th xchg of off r cc ptc t tht prticulr t . {c It will b pr f rbl tht th purchs of iff r t uits by th cli t is ff ct o th bsis of th mr t lu of th ss t s pr l t o th t of purchs of tht uit, but it is lso p rmissibl tht prticulr pric is gr i th promis of purchs sig by th cli t. {c

: c I cotrst to imiishig mushrh, this mo of ficig is bs o th proisio of th r uir tgibl ss ts, such s prop rty, mchi ry, tc, o r tl for gr p rio of tim . Th coc pt is similr to ³l sig´, which is commo i co tiol big. How r th r r som sp cific prohibitios which r r co tiol l sig to b forbi u r Shrih. I rh is commoly us for log m ium t rm fix ss t ficig, pro ct ficig for r til proucts such s hom s utomobil s.

80

c

"I rh" is t rm of Islmic fih. L xiclly, it m s 'to gi som thig o r t'. I th Islmic urispru c , th t rm 'I rh' is us for two iff r t situtios. I th first plc , it m s 'to mploy th s ric s of p rso o wg s gi to him s cosi rtio for his hir s ric s." Th mploy r is cll 'must ir' whil th mploy is cll ' ir', whil th wg s pi to th ir r cll th ir 'u rh'. Th s co typ of I rh r lt s to th usufructs of ss ts prop rti s, ot to th s ric s of hum b igs. 'I rh' i this s s m s ' to trsf r th usufruct of prticulr prop rty to oth r p rso i xchg for r t clim from him.' I this cs , th t rm 'I rh' is logous to th Eglish t rm 'l sig'. H r th l ssor is cll '9u ir', th l ss is cll 'must ir' th r t pybl to th l ssor is cll 'u rh'. Th rul s of I rh r ry much logous to th rul s of sl , b cus i both cs s som thig is trsf rr to oth r p rso for lubl cosi rtio. Th oly iff r c b tw I rh sl is tht i th ltt r cs th corpus of th prop rty is trsf rr to th purchs r, whil i th cs of I rh, th corpus of th prop rty r mis i th ow rship of th trsf ror, but oly its usufruct i. . th right to us it, is trsf rr to th l ss .

7 c cc)cc cc c L s is ot origilly mo of ficig. It is simply trsctio m t to trsf r th usufruct of prop rty from o p rso to oth r for gr p rio gist gr cosi rtio. How r, c rti ficil istitutios h opt l sig s mo of ficig ist of log t rm l ig o th bsis of it r st. This trsctio of l s my b us for Islmic ficig, sub ct to c rti coitios. It is ot suffici t for this purpos to substitut th m of 'it r st' by th m of 'r t' r plc th m of 'mortgg ' by th m of 'l s ss t'. Th r must b substtil iff r c b tw l sig it r st-b rig lo. Tht will b possibl oly by followig ll th Islmic rul s of l sig.

c.* cc: 1.c L sig is cotrct wh r by th ow r of som thig trsf rs its usufruct to oth r p rso for gr p rio, t gr cosi rtio. 2.c Th sub ct of l s must h lubl us (which is r cogi s 9l- 9utwwm i Shrih. Th r for , thigs hig o usufruct t ll or whos usufruct is ot p rmissibl ccorig to Shrih cot b l s . 3.c It is c ssry for li cotrct of l s tht th corpus of th l s prop rty r mis i th ow rship of th s ll r, oly its usufruct is trsf rr to th l ss . Thus, ythig which cot b us without cosumig cot b l s out. Th r for , th l s cot b ff ct i r sp ct of mo y, tbl s, fu l mmuitio tc. 4.c As th corpus of th l s prop rty r mis i th ow rship of th l ssor, ll th libiliti s m rgig from th ow rship shll b bor by th l ssor, but th libiliti s r f rbl to th us of th prop rty shll b bor by th l ss . 81

c

5.c Th p rio of l s must b t rmi i cl r t rms. 6.c Th l ss cot us th l s ss t for y purpos oth r th th purpos sp cifi i th l s gr m t. If o such purpos is sp cifi i th gr m t, th l ss c us it for wht r purpos it is us i th orml cours . 7.c Th l ss is libl to comp st th l ssor for y mg to th l s ss t cus by y misus or glig c o th prt of th l ss . 8.c Th l s ss t shll r mi i th ris of th l ssor throughout th l s p rio i th s s tht y hrm or loss cus by th fctors b yo th cotrol of th l ss shll b bor by th l ssor. 9.c A prop rty oitly ow by two or mor p rsos c b l s out, th r tl shll b istribut b tw ll th oit ow rs ccorig to th proportio of th ir r sp cti shr s i th prop rty. 10.cA oit ow r of prop rty c l s his proportiot shr to his co-shr r oly, ot to y oth r p rso. 11.cIt is c ssry for li l s tht th l s ss t is fully i tifi by th prti s. 12.cTh r tl must b t rmi t th tim of cotrct for th whol p rio of l s . 13.cI th log t rm l s gr m ts, it is mostly ot i th b fit of th l ssor to fix o mout of r t for th whol p rio of l s b cus th mr t coitios chg from tim to tim . For this purpos it is llow to us b chmr rt to t rmi th r tl mouts. How r, r t for th moth will b fix t th strt of th moth, y chg i b chmr rt urig th moth will ot cus r t for tht moth to chg . It is lso c ssry to fi floor c ilig. 14.cTh l ssor cot icr s th r t uilt rlly, y gr m t to this ff ct is oi. 15.cTh r t or y prt th r of my b pybl i c b for th li ry of th ss t to th l ss , but th mout so coll ct by th l ssor shll r mi with him s 'o ccout' pym t shll b ust towrs th r t ft r its b ig u . 16.cTh l s p rio shll comm c from th t o which th l s ss t hs b li r to th l ss , o mtt r wh th r th l ss hs strt usig it or ot. 17.cIf th l s ss t hs totlly lost th fuctio for which it ws l s , o r pir is possibl , th l s shll t rmit o th y o which such loss hs b cus . How r, if th loss is cus by th misus or by th glig c of th l ss , h will b libl to comp st th l ssor for such glig c .

!/c)c )c c A compl t rg of proucts s ric s for import rs xport rs r ilbl . Bs o rious mo s of Islmic Fic , th solutios h b sig to suit th s of our custom rs. Som of th y s ric s off r iclu : {c

L tt rs of Gurt - followig typ s of gurt s coul b issu Àc Bi Bo Àc P rformc Bo Àc Pym t Bo Àc R t tio Bo 82

c

{c

Proucts for Export rs Àc Export bills for coll ctio Àc Export (Sight) bills purchs u r Slm Arrg m t Àc Export (Usc ) bills purchs u r 9urbh Arrg m t

{c

Proucts for Import rs Àc Sight L tt r of Cr it Àc Usc L tt r of Cr it

I stm t Big R liig th icr sigly i rs s of our custom rs for isory structur fic trsctios, sp cili prtm t focusig o I stm t Big is futioig t 9 B. Th I stm t Big prtm t proi s uiu structurig by usig compl x Shrih structur s for trsctios so s to m t custom r's comm rcil s. 9 B s torchb r r of Islmic Big hs b mig sigifict cotributio i th I stm t Big iustry by plyig l ig rol s i busi ss trsctios. 6,c0

{c {c {c

Syictios & Structur Fic Pro ct Ficig Ficil Aisory S ric s

6,c

F brury 2009 7 ,cc c7 )

S pt mb r 2007 Æ)c5* c c7 )

Rt Prit ly Plc Suoo Issu 6.c%>$$$c L Arrg r Shrih Structurig Aisor

Prit ly Plc Suoo Issu 6.c >#'c L Aisor & Arrg r Shrih Structurig Aisor

S pt mb r 2007 c c7 )

S pt mb r 2007 cc4c7 )

Prit ly Plc Suoo Issu 6.c&>$$$c Joit L Aisor & Arrg r

Syict Fic Fcility 6.c">#$$c Co-Arrg r Shrih Structurig Aisor

Ju 2007 0* c0* c4 c+,c7 )

August 2007 8 c9ccÆ + c* ,

83

c

Prit ly Plc Suoo Issu 6.c%>$$$c Joit L Aisor & Arrg r

SLR Eligibl Plc Suoo Issu 6.c$>$$$c Co-Arrg r

c

c

c c)c c) ,cccc c7 )c Al 9 I stm t 9g m t Limit (Al 9 ), th ss t mg m t i stm t isory rm of 9 B Limit , sp cili s i th lopm t mg m t of Shrih complit i stm t solutios. Al 9 I stm ts hs o of th log st th most succ ssful trc r cor of mgig mutul fus i th prit s ctor, spig o r fourt y rs. Al 9 is pr s tly mgig ight fus miistrti pl i. . Al 9 9utul Fu Limit (A99F) - clos uity fu 9 Islmic Fu (9IF) - op - uity fu 9 Blc Fu (9BF) - clos blc sch m 9 Islmic Icom Fu (9IIF) - Pists first Shrih complit op icom fu - 9 Thffu P sio Fu (9TPF) - Îolutry P sio Sch m , 9 Cpitl Prot ct FuI (9F-I) - Pists first Shrih complit op cpitl prot ct fu, 9 9h Khrch Accout (99KA) - miistrti pl of 9IIF to proi mothly icom , 9 Csh Fu (9CF) - Pists first Shrih complit op mo y mr t fu 9 So r ig Fu (9SF) - Pists first Shrih complit op go rm t s curiti s fu. Th totl si of th s ight fus u r mg m t s t 9rch 31, 2010 is o r PKR 18.2 billio s compr to PKR 13.5 billio t th corr spoig t lst y r. Th icr sig si of ss ts u r mg m t mif sts th bility of th prof ssiol fu mg m t t m to cosist tly out-p rform th p rs cos u tly buil upo th i stor cofi c . Al 9 is r mog th b st p rformig ss t mg m t compi s i Pist. Th fu wis br up of t ss ts s t 9rch 31, 2010 is s follows:

84

c

Dc000 2DÆ

6.cc- /c c&>c%$$

9 Csh Fu

4,633

9 Islmic Fu

4,436

9 Islmic Icom Fu

3,738

Al 9 9utul Fu

1,521

9 Blc Fu

1,319

9 Cpitl Prot ct Fu-I

633

9 So r ig Fu

536

9 Thffu P sio Fu

246

Al 9 hs lso chi 9g m t ®ulity Rtig ³A92´, ssig by JCR-ÎIS. A92 is curr tly th high st 9g m t ®ulity Rtig ssig by JCR-ÎIS to y Ass t 9g m t Compy. This rtig ot s high mg m t ulity rtig with stbl outloo. Al 9 s fus crryig uity xposur s icluig 9 Islmic Fu Al 9 9utul Fu h b f mogst th top p rformig fus i th ir r sp cti ct gori s for th cl r y r 2009. Th Shrih Aisor of 9 B Limit , lso b ig th Shrih Aisor of Al 9 , sup ris s th op rtios i or r to sur Shrih complic of th fus. I itio to th s ric ulity, Shrih complic impr ssi p rformc i t rms of r turs to i stors, Al 9 lso compli s with th globl b st prctic s i ss t mg m t hs olutrily opt ³Ass t 9g r Co of Prof ssiol Couct´ from CFA Istitut , USA. H c it hs th istictio of b ig th first ss t mg m t compy i Pist to comply with th globl b st prctic s i ss t mg m t. Uits of ll op fus r ilbl t th offic s of Al 9 ll brch s of 9 B Limit (9BL) cross Pist. For th co i c of i stors, Al 9 hs plc ict i stm t offic rs t th s l ct brch s of 9BL. Th s offic rs proi guic ssist th i stors i m tig th ir i stm t ob cti s.

85

c

c ccc c

ccc c c c c

c c c c

86

c c c

c

³Auth tic mr tig is ot th rt of s llig wht you m but owig wht to m . It is th rt of i tifyig custom r s cr tig solutios tht li r stisfctio to th custom rs, profits to th prouc rs b fits to th st hol rs´.

cc

cccccccccccccccccccccccccccccccccc c cc cc c cccc c) * c cc c c c c 1. First xclusi Islmic b. 2. Th lrg st Islmic b i Pist with twor of 201 brch s i 54 citi s cross Pist. 3. Strog growth of its Islmic big Strt gic busi ss uit. 4. Th m mb rs of Shrih sup risory bor of 9 b r r ow scholrs of it rtiol r put , s rig o th bor of my bs op rtig i iff r t coutri s. 5. Oli big fcility is ilbl i ll brch s of 9 b. A AT9 cr fcility o lmost ll typ of ccouts. 6. Krchi August 20, 2008 9 B th lrg st Islmic b hs b cof rr th b st Islmic b wr by Rwlpii chmb r of Comm rc iustry. 7. D ict prof ssiol stff 8. H lthy worig irom t 9. Strog shr holig 10. A short t rm rtig of A-1 by 3.3 0c.Æc.D4c¯DFc 87

c

cc c c

c c c c

1.c High chrg s for iff r t ctiiti s such s oli big rfts s compr to oth r bs. 2.c Lc of promotio rtisig of th ir proucts s ric s. 3.c L gthy xt si ocum ttio 4.c C trli proc ur s mig proc ss slow. 5.c W mr tig strt gy, trg t mr t ot i tifi 6.c Ris rs policy 7.c Tru Islmic proc ur s r ot b ig opt to m it compl t Islmic big 8.c No cr it cr fcility. 9.c No- ggr ssi ss

c c c c c c c

88

c c c c c c

c

c c c c

1.c Hous Ficig s ctor c b trg t to mximi th profit. 2.c Growig m of Islmic ficil proucts s ric s. 3.c Î turig ito Islmic groups outsi th coutry s opportuity to xp busi ss i UAE Gulf stt s 4.c Et rig ito busi ss with oth r Islmic Ficil Istitutios. 5.c Icr sig Brch twor withi th coutry. 6.c Proiig tru Shrih complit proucts to custom rs ot oly i wors but lso i prctic . 7.c Aoptig oth r Shrih complit mo s of ficig. 8.c Comig up with. Proucts for th S9E c c c c c c c

89

c c c c c c c

c

c c c

1.c N w comp titors s ttig up th ir Islmic big brch s 2.c High it r st rt from SBP 3.c F rs o th cr ibility of Islmic big thicl complic moitorig syst m. 4.c Disssocitio of 9ul Ti Usmi from th Shrih isory bor of 9 B

c c c c c c c c c c c

90

c c c

c

c

H it b co tiol b uipp with xt si twor compl t portfolio of proucts, w woul h propos . "Erly to b , rly to ris Wor li h ll &ADÎERT IS E" But this is ot th cs with 9 B. Th twor th portfolio of th proucts off r r limit . For this w woul propos ... ³Erly to b , rly to ris Wor li h ll &I9 PROÎIS E" . I this prticulr sc rio, th wor I9PROÎISE sts for I

Iotio

9

9r t p rc ptios

P

Pru c

R

Rtiolitio

0

Ob cti s cl rly u rstoo

Î

Îisio

I

i tifyig & u rstig custom r s

S

Stisfyig custom r s

E

Euctig th custom rs

Oth r r comm tios tht w sugg st r 1.TÎ. A rtisig 2. Pr ss A rtisig 3. Spr ig wr ss through Drs 4. Wll clocs for mosu s 5. Awr ss through curriculum 6. Umr H pcg s

91

c cccccccccccccccccccccccccccccccccccccccccccccc c c

c c c

B ig pr mi r Islmic b iotor i mr t 9 B sts toy t ot worthy criticl uctur s Th Pr mi r Islmic B i Pist is truly l ig th wy forwr i stblishig r l, stbl , ymic Islmic Big syst m i Pist. Th foutio of this b ig th guic of our highly ulifi globlly r ow Shrih Sup risory Bor h by Justic (R t) 9uhmm Ti Usmi icluig r ow scholrs from th 9il Est, who s whol brig tog th r rich owl g bs of Islmic Fih ccumult o r th pst1400 y rs. Furth rmor , with th bl of th SBP's Islmic Big D prtm t, ll th proucts off r by th b r ry thoroughly scrutii by th s Shrih sp cilists i Islmic fic h c pprol of th s proucts is ot bs o uulifi iiiul opiio or i ws, but o ry sou ss ssm t urispru c . How r still if w go ito grou r liti s th r r issu s which fll i cotrictio with Islmic urispru c , But i our opiio r olutio t s mpl tim to t ff ct this ffort of 9 b to proi compl t rg of Islmic big proucts to Pisti citi s s r s tru ppr citio. W r lso looig forwr tht i r futur th s issu s coul b r sol w g t big syst m i tru Islmic wy iolig ll Shrih complit prctic s. c c c c c c c c c c

92

c c c

c c c

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93