Bank Al Habib

 

 

Project Supervisor

Prof. Riaz Ahmad Mian

Submitted By Muhammad Zaman

E18MBA092

Muhammad Basit Subhani

E18MBA077

Arbaaz Habib Khan

E18MBA133

Hailey College of Banking & Finance University of the Punjab 

 

 

Acknowledgement

First of all, I thank Allah Almighty who gave me knowledge and strength to complete my research on Bank Al-Habib Limited I would like to thank Hailey College of Banking and Finance, University of Punjab who gave me this opportunity to groom my skills and making me able to complete to complete this assignment I would also like to thank to my Professor, Sir Riaz Ahmad Mian for his support and provide us knowledge and guide us for the completion of this project I would also like to thank Mr. Tahir Abbas Siddiqui Assistant manager, Area Compliance for their kind support in this assignment

 

 

Table of Contents Introduction HISTORY OF THE BANK  BOARD OF DIRECTORS  Vision Mission Code of Conduct Values Corporate Social Respons Responsibility ibility Credit Ratings Branch Network Awards & Achievements Products & Services Financial Analysis SWOT Analysis PEST Analysis Recommendations Conclusion

4 4 5 5 5 5 6 6 7 7 7 8 41 42 44 46 47 

 

 

Introduction Bank Al-Habib in Pakistan is controlled by Dawood Habib Group. Bank Al-Habib Limited is incorporated as an open restricted organization in October 1991 and began its financial tasks in 1992. The Head Office of the bank is in Multan and its Principal office in Karachi. The Late Hamid D. Habib was the Managing director of the Bank Al-Habib Limited. He was before the Chairman of the Habib Bank Limited. After the Death of Mr. Hamid in May 2000, Mr. Ali Raza D. Habib who was the Director of the Bank Al Habib Limited was designated as the Chairman of the Bank. The Late Rashid D. Habib was the Managing Director and CEO of the Bank Al-Habib A l-Habib Limited until he passes away in 1994. After his demise, Mr. Abbas D. Habib who was the Joint Managing Director of the Bank was selected as the Managing Director and CEO of the Bank and currently the Chairman of the Bank. Presently, Mr. Mansoor A. Khan is the present CEO of the Bank

History of the Bank "Esmail Ali" of Jamnagar, India a little industrial facility in Bombay. In the times of his battle a child was destined to him. He named him as "Habib Ismail". He is generally amazing in studies and game. He is making a mind-blowing most in school and all of a sudden, his father died in 1891. Habib Esmail was just 13 years of age that time. He at that point, joined his uncle, Cassum Muhammad, the proprietor of the "KhojaMithaBhaiNathoo", shipper and producer of Brass and copper utensils. The youthful Habib began with a pay of Rs. 5/ -. Youthful Habib is prominent for his battle and perfection in his work. At 18 years old, he turned into the accomplice of "KhojaMithaBhaiNathoo" and President of the Brass and Copper Merchant Association. In 1921, he began a firm named as "Habib and Sons." His four children Ahmad Habib, Muhammad Ali Habib, Dawood Habib and Ghulam Ali Habib went along with him in business. In 1941, Habib Bank was set up. In 1947, on the production of Pakistan and on the solicitation of Quaid-e-Azam Muhammad Ali Jinnah, Habib family moved the majority of its business in Pakistan. In 1974, Govt. chosen to Nationalize every single business bank. Under the Privatization strategy of Pakistan, Dawood Habib Group was conceded a consent to set up a business bank named as Bank Al Habib. Bank Al Habib was joined as a Public constrained organization in October 1991 and began its financial tasks in 1992.

 

 

Board of Directors  Sr. #

Name

Designation

Occupation

Chairman

Banker

1

Mr. Abbas D. Habib

2

Mr. Anwar Haji Karim

Director

Industrialists

3

Ms. Farhana Mowjee Khan

Director

Industrialists

4

Syed Mazhar Abbass

Director

Former banker

5

Mr. Qumail R. Habib

Executive Director

Banker

6

Safar Ali Lakhani

Director

Former President –  Soneri Bank ltd.

7

Syed Hassan Ali Bukhari

Director

Former MD & CEO Mackinnon Mackenzie & co. of Pakistan

8

Murtaza H. Habib

Director

Industrialists

9

Mr. Arshad Nasar

Director

Former CEO OGDCL

10

Mr. Adnan Afridi

Nominee Director

CEO - NITL

11

Mansoor Ali Khan

CEO

Banker

Company Secretary

Banker

M. Taqi Lakhani

12

Vision TO BE OUR CUSTOMERS' MOST CONVENIENT AND TRUSTED BANK

Mission TO MAKE BANKING SAFE, SIMPLE, AND PLEASANT

Code of Conduct This Code of Conduct expects to guarantee consistence with the most astounding moral and expert principles which have portrayed the Habib's financial activities throughout the years. The Bank puts the most noteworthy need on its

 

 

corporate qualities and its moral and expert norms, and requires consistence thereto by all executives and workers.

Values  Directors and employees of the Bank will dependably be guided by the accompanying qualities:      

           

Respect of People Relationship of trust Services to customers Simplicity in everything Culture in ownership Communication & Ownership

Corporate Social Responsibility The Bank is completely dedicated to the idea of Corporate Social Responsibility and satisfies this duty by taking part in a wide scope of exercises which incorporate: 

  Corporate generosity adding up to Rs. 159.8 million by method for gifts amid the year for wellbeing, social and instructive advancement and welfare of under-special individuals



  Vitality preservation, ecological insurance, and word related wellbeing and wellbeing by confining superfluous lighting, executing tobacco control law and "No Smoking Zone", and giving a protected and solid workplace



  Business morals and hostile to defilement measures, requiring all staff individuals to follow the Bank's "Set of accepted rules"



  Consumer Protection assurance measures, requiring exposure of the timetable of charges and terms and conditions that apply to the Bank's items and administrations



  Genial staff relations, acknowledgment of legitimacy and execution, and on-going open doors for learning and development of staff, both at work and through formal preparing programs



  Work through a straightforward methodology, without segregation based on religion, position, language, and so on., including work of exceptional people

 

 

Credit Ratings Pakistan Credit Rating Agency Limited (PACRA) has kept up the Bank's long haul and momentary element appraisals at AA+ (Double An or more) and A1+ (A One or more), individually. The evaluations of our unbound, subjected Term Finance Certificates (TFCs) are AA (Double A) for TFC-2016 and TFC-2018, and AA(Double A less) for TFC-2017 (never-ending). These evaluations mean a low desire for credit chance radiating from a solid limit with regards to opportune installment of monetary duties

Branch Network The bank has wide scope of branch organize made up to 725 absolute branches which involves 684 branches (counting 71 Islamic Branches and 3 Overseas Branches, one each in Bahrain, Malaysia and Seychelles) 37 Subbranches and 4 Representative Offices, 1 each in Dubai, Istanbul, Beijing and Nairobi

Awards & Achievements  

  "TFP Award 2017" from Asian Development Bank (ADB). The Bank has gotten Trade Finance Program Award for driving Partner Bank in Pakistan 2017



  "Bank of the Year (Mid-Size Banks) 2017" by CFA Society Pakistan. This is the 6th time that the Bank has gotten this honor, having gotten it prior for the years 2009, 2010, 2011, 2012 and 2016



  "The Strongest Bank Balance Sheet in Pakistan, 2013" by The Asian Banker. This confirmation depends on the quality, liquidity and manageability of the monetary record in a difficult commercial center.



  "Grant of Recognition, 2010" from International Finance Corporation (IFC) as the Most Active GTFP (Global Trade Finance Program) Issuing Bank in Middle East and North Africa for "South-South" Trade. This is the second continuous year that the Bank got an honor from IFC in acknowledgment of support in GTFP.

 

 

Products & Services  1.  Current Account 1.1  Current Plus Account  1.2  Apna Individual Current Account  1.3  Asaan Current Account  1.4  Asaan Remittance Current Account  1.5 

Basic Banking Account 

2.  Saving Account 2.1  Monthly Saver Account 2.2  Senior Citizen Account 2.3  Young Savers Account 2.4  PLS Saving Account 2.5  Asaan Saving Account 2.6  Asaan Remittance Saving Account 3.  Term Deposits 3.1  3.2  3.3  3.4  3.5 

Special Saver Certificate Mahana Munafa Account Salana Munafa Account Zamanat Account Treasurer’s Call 

4.  Foreign Currency Account 4.1  Foreign Currency Savers Account  4.2  Forex Currency Account 5.  Loans 5.1  House Financing  5.1.1 Home Buyer 5.1.2 Home Construction 5.1.3 Home improvement 5.1.4 Home Balance transfer  5.2  Car Finance 5.3  ApniCar 5.4  Prime Minister Youth Business Loan

6.  Remittance  6.1  6.2 

Home Remittance  MoneyGram 

 

 

6.3 

Ria Money Transfer 

7.  E-Banking 7.1  Visa Debit Card 7.2  UnionPay Debit Card 7.3  PayPak Debit card 7.4  ATM Card 7.5  7.6  7.7  7.8  7.9 

Credit Card  Internet Banking  Mobile Banking  Electronic Fund transfer  Direct Debit Facility 

8.  Corporate banking 9.  SME Banking 9.1  SBP Refinancing Schemes 9.1.1  Re-Financing facility for modernization of SME 9.1.2  Re-finance & credit guarantee scheme for women entrepreneurs

10.  Islamic SME Banking 10.1  Short-term Financing 10.1.1  Al-Habib Islamic Murabaha 10.1.2  Al-Habib Islamic Istisna 10.1.3  Al-Habib Islamic Musawamah 10.2  Islamic Export re-finance facility 10.3  Long-term Financing 10.3.1

Al-Habib Islamic Diminishing Musharakh

10.3.2

Al-Habib Islamic Ijarah

11. Trade Services

12. Cash Management Services 13. Guarantees 14. Agri-Banking 14.1 14.2 14.3 14.4 14.5 14.6

Al-Habib Kisaan revolving credit scheme Al-Habib Kisaan Farm mechanization scheme Al-Habib Tube-well finance scheme Al-Habib livestock finance scheme Al-Habib Godown silos. Cold storage finance scheme SBP Re-finance scheme

 

 

14.7

Livestock financing for Nestle dairy farmers

15. Islamic Financing 15.1 15.2 15.3 15.4

Murabaha Finance Ijarah Finance Diminishing Musharakh Finance Istisna Finance

16. Islamic Banking Deposit Scheme 16.1 16.2 16.3

1. 

Al-Habib Current Account Al-Habib Saving Account Al-Habib Term deposits

Current Account

A Current account is that in which you can pull back cash at whatever point you like. It is a basic record and no premium is paid by bank on such record. Current record is likewise called Demand Deposits moreover. moreover.

1.1  Current Plus Account  A current plus account that meets all business and individual banking needs.

Key Features   Free Debit Card facility   Free Online Banking   Free Mobile banking 





Documents Required:   

1.2

Mechanized/Smart National Identity Card (CNIC/SNIC)   Mechanized/Smart   National Identity Card for Overseas Pakistanis (NICOP)   Copy of any service charge Proof of pay or compensation authentication

Apna individual Current Account

The item is fundamentally centered around people searching for an individual record to satisfy all their current financial requirements with accommodation and host of free offices.

Key Features: 

  No minimum balance

 

      

         

Free Life Insurance* Free online banking Free Pay order (up to 3 months) Free E-statement Free Internet Banking

Documents Required:     

         

Mechanized/Smart Mechanized/Sma rt National Identity Card (CNIC/SNIC) National Identity Card for Overseas Pakistanis (NICOP) Copy of any service charge Proof of pay or compensation authentication Kid Registration Certificate/B-Form/Student Certificate/B-Form/Student ID card (For Minor) Foreign Citizen living in Pakistan, bore witness to duplicate of identification bearing legitimate visa or work license

*Free Life Insurance:     

         

New Accounts Eligible After 90 Days of Opening of Account Claims Payable on the Basis of 90 Days of Average Balance in client account Maximum Claim Payable on Accidental Death - Rs. 2 Million Maximum Claim Payable on Natural Death/Permane Death/Permanent nt Disability – 1 million Age Limit - 18 to 60 Years

1.3  Asaan Current Account  Habib has presented Asaan Account without hardly lifting a finger of record opening for the client and a large group of significant worth included administrations

Key Features:      

           

Free Life Insurance* Account can be opened with Rs. 5/Free internet banking Free mobile banking SMS alert facility Free Debit card facility

Documents Required:   Mechanized/Sma Mechanized/Smart rt National Identity Card (CNIC/SNIC) 

 

   

  National Identity Card for Overseas Pakistanis (NICOP)   Kid Registration Certificate/B-Form/Student Certificate/B-Form/Student ID card (For Minor)

*Free Life Insurance:   

  

  New Accounts Eligible After 90 Days of Opening of Account   Claims Payable on the Basis of 90 Days of Average Balance in client account   Maximum Claim Payable on Accidental Death - Rs. 2 Million Death/Permanent nt Disability – 1 million   Maximum Claim Payable on Natural Death/Permane   Age Limit - 18 to 60 Years

1.4

Asaan Remittance Current Account

Bank AL Habib "Asaan Remittance Account" offers free, protected, simple and helpful approach to get Home settlements sent from your friends and family over the globe. The record offers the accompanying offices.

Key Features:        

               

No charges at opening or conclusion of record Cash withdrawal No minimum balance requirement Cash withdrawal limit of Rs. 50,000/- per day Fund transfer limit of Rs. 50,000/- per day Total credit balance limit of Rs. 50,000/- per day Cheque book facility Free E-statement Free Debit card

Documents Required: Mechanized/Smart rt National Identity Card (CNIC/SNIC)   Mechanized/Sma   National Identity Card for Overseas Pakistanis (NICOP) Certificate/B-Form/Student ID card (For Minor)   Kid Registration Certificate/B-Form/Student 





*Free Life Insurance:     

  New Accounts Eligible After 90 Days of Opening of Account   Claims Payable on the Basis of 90 Days of Average Balance in client account   Maximum Claim Payable on Accidental Death - Rs. 2 Million   In Case of Joint Account, Any One of the Account-holders will be secured   Maximum Claim Payable on Natural Death/Permanen Death/Permanentt Disability – 1 million

 

  

  Age Limit - 18 to 60 Years

1.5

Basic Banking Account

A present record to encourage and give essential financial offices to the general population. The record can be independently or together worked and gives host of significant worth included administrations for the client

Key Features:      

           

Two deposits & two withdrawals are allowed in a month No bank charges No minimum balance requirement Initial deposit for opening of account is Rs. 1,000/Free Debit card SMS Alert Facility

Documents Required:     

       

Mechanized/Smart Mechanized/Sma rt National Identity Card (CNIC/SNIC) National Identity Card for Overseas Pakistanis (NICOP) Copy of any service charge Proof of pay or compensation authentication If there should be an occurrence of salaried individual, duplicate of administration/representative administration/repre sentative card

2.  Saving Account A Saving account which are useful for those individuals who have low dimension of salary and funds. Such accounts help in the activation of the sparing of low dimension of pay. The sum can be pulled back from this record subject to specific terms and conditions. An ostensible rate of premium is paid by bank on such records.

2.1  Monthly Saver Account A Savings Account with special regularly scheduled installment of benefits for comfort of clients of all age gatherings. The record can be opened by any individual (single or joint)

Key Features:   

  Particular Rate of Profit   No base or greatest parity requirement

 

     

       

Profit determined on month to month normal balance Profit payout on month to month basis No confinements on withdrawals Up to 90% financing against store

Documents Required:    



       

Mechanized/Smart National Identity Card (CNIC/SNIC) Mechanized/Smart National Identity Card for Overseas Pakistanis (NICOP) Copy of any service charge Proof of pay or compensation authentication If there should be an occurrence of salaried individual, duplicate of administration/representative administration/repre sentative card

Certificate/B-Form/Student ID card (For Minor)   Kid Registration Certificate/B-Form/Student

2.2

Senior Citizen Account  

A devoted bank account for Senior Citizens matured 60 Years and above (At least one of the accountholders ought to be of 60 years and above in the event of shared service)

Key Features:        

               

No base or greatest equalization necessity Profit determined on month to month normal parity Up to 90% financing against store Free Internet and Mobile financial Free Pay Orders/Bankers Checks Profit payout on month to month premise No limitations on withdrawals SMS Alert facility

Documents Required:   

2.3

Mechanized/Smart National Identity Card (CNIC/SNIC)   Mechanized/Smart   National Identity Card for Overseas Pakistanis (NICOP)   Copy of any service charge Proof of pay or compensation authentication

Young Savers Account

Bank AL Habib has structured another record uncommonly for you, your own Young Savers Account

 

 

Key Features:   

  This is a record for Young Savers of as long as 18 years   You can open a record with as meager as Rs. 5   Rate of Return on Young Savers Account is relied upon to be well over the arrival on typical investment account. The demonstrative rate of profit for adjusts up to Rs. 500,000 is 9.00% p.a. what's more, 8.75% p.a. on above Rs. 500,000 on Average Monthly Balance B alance

2.4

PLS Saving Account

A record that deals with your reserve funds with accommodation of everyday value-based necessities

Key Features:       

  No base or greatest equalization requirement   Monthly and six months to month benefit payout plans          

Profit determined on month to month normal balance Up to 90% financing against deposit Free Internet and Mobile Banking No confinements on withdrawals Free Life Insurance*

Documents Required:  

 

Mechanized/Smart rt National Identity Card (CNIC/SNIC)   Mechanized/Sma   National Identity Card for Overseas Pakistanis (NICOP)

  Copy of any service charge Proof of pay or compensation authentication   If there should be an occurrence of salaried individual, duplicate of administration/representative administration/repre sentative card

*Free Life Insurance:      

           

New Accounts Eligible After 90 Days of Opening of Account Claims Payable on the Basis of 90 Days of Average Balance in client account Maximum Claim Payable on Accidental Death - Rs. 2 Million In Case of Joint Account, Any One of the Account-holders will be secured Maximum Claim Payable on Natural Death/Permane Death/Permanent nt Disability – 1 million Age Limit - 18 to 60 Years

 

 

2.5

Asaan Saving Account

A straightforward and simple to open record for occupant Pakistani nationals with least prerequisites to stretch out advantages of budgetary administrations to ordinary citizens particularly unbanked/under banked sections of populace.

Key Features:      

           

Absolute Debit every Month: Rs. 500,000 Total Credit Balance Limit: Rs. 500,000 Account can be opened with Rs.5/ Profit determined on month to month normal parity Profit payout at regular intervals Free Life Insurance*

Documents Required:   

  Mechanized/Sma Mechanized/Smart rt National Identity Card (CNIC/SNIC)   National Identity Card for Overseas Pakistanis (NICOP)   Kid Registration Certificate/B-Form/Student Certificate/B-Form/Student ID card (For Minor)

*Free Life Insurance:     

2.6

         

New Accounts Eligible After 90 Days of Opening of Account Claims Payable on the Basis of 90 Days of Average Balance in client account Maximum Claim Payable on Accidental Death - Rs. 2 Million Maximum Claim Payable on Natural Death/Permane Death/Permanent nt Disability – 1 million Age Limit - 18 to 60 Years

Asaan Remittance Saving Account

Bank AL Habib "Asaan Remittance Account" offers free, sheltered, simple and helpful approach to get Home settlements sent from your friends and family over the globe. With least record opening necessities and an improved one pager account opening structure, opening and working a record was never this simple. The record offers the accompanying offices

Key Features:   

  This record will be sustained through from Home Remittances from abroad   No underlying store or least equalization prerequisite   No charges at opening or conclusion of record

 

       

           

Cash withdrawal breaking point of PKR 50,000 every day Fund exchange utmost of PKR 50,000 every day Total Credit Balance Limit of PKR 2,000,000 Free E-Proclamati E-Proclamations ons Preferential rate of profit for your reserve funds 9.0% Free Life Insurance*

Documents Required:   

Mechanized/Smart rt National Identity Card (CNIC/SNIC)   Mechanized/Sma   National Identity Card for Overseas Pakistanis (NICOP)   Kid Registration Certificate/B-Form/Student Certificate/B-Form/Student ID card (For Minor)

*Free Life Insurance:  

  New Accounts Eligible After 90 Days of Opening of Account   Claims Payable on the Basis of 90 Days of Average Balance in client account



Claim Payable on Accidental Death - Rs. 2 Million    Maximum In Case of Joint Account, Any One of the Account-holders will be secured Death/Permanent nt Disability – 1 million   Maximum Claim Payable on Natural Death/Permane   Age Limit - 18 to 60 Years 3.  Term Deposits 





A period store or term store is a store with a predefined time of development and gains intrigue. It is a cash store at a financial establishment that can't be pulled back for a particular term or timeframe.

3.1

Special Saver’s Certificate 

Special Savings Certificates with a (development time of three years) that offers a novel speculation open door for little and medium savers to meet their intermittent money related requirements

Key Features: 

  Multiyear Savings Certificate with six regularly scheduled installments of profit



  The record can be opened by any; Individual (single or joint) like salaried individual, independently employed etc. Register Partnership concern. Public and Private Company. Registered trust. Government Body etc.

 

  

  Minimum Amount required to put resources into the testament is Rs. 25,000

 

  Profit will be naturally credited to the client account   On development of the arrangement client may choose programmed move over at winning rate

 

  Expected Rate of Return on stores   Rate of return applicable:st a)  First Year 9.25% p.a. (1  & 2nd Profit payment) b)  Second Year 9.30% p.a. (3rd & 4th Profit payment) c)  Third Year 9.50% p.a. (5th & 6th Profit Payment)

3.2

Mahana Munafa Account

In Mahana Munafa account, you can earn high rate of returns. The key features of Mahana Munafa account is:

Key Features:      

           

Least venture of Rs. 25,000 Residencies accessible accessible 1, 2, 3, 4 and 5 Years Benefit will be paid on first working day of each month. Monthly benefit payout in client's base record (Current or Saving) 90% financing permitted against deposit Rate of return: a)  1-year Deposit b)  2-year Deposit c)  3-year Deposit

d)  4-year Deposit e)  5-year Deposit

3.3

10.50% p.a. 10.60% p.a. 10.70% p.a. 10.80% p.a. 11% p.a.

Salana Munafa Account

AL Habib Salana Account is a store account and can be opened with Rs. 25,000. In the event that the store is encashed before development, benefit will be determined and paid for the period held at the rate pertinent to Savings Account

Key Features:   

venture of Rs. 25,000    Least Profit payout at development in client's base account   90% financing permitted against deposit

 

   

  Deposit move over choice available   Premature encashment choice available

3.4

Zamanat Account

AL Habib Zamanat Account gives your friends and family affirmation to achieve a fixed objective for instruction, marriage or some other reason.

Key Features:         

3.5

             

Assemble your very own speculation plan with ease No charges on untimely encashment Free disaster protection for whole arrangement tenure Accumulated benefit dependent on bank's PLS Savings rate Plan Tenure: Minimum One (01) year and most extreme 20 years Total plan limits up to PKR 20 million Non-Medical farthest point up to PKR 5 million

Age utmost: 18 – 60 years    Insurance benefits: Death benefit

Accidental Benefit

Permanent Total Disability

100% sum covered

Death benefit + 50% sum covered

50% sum covered

Treasurer’s Call 

This arrangement is available to Current Deposited Account. Access to such assets requires just a 24-hour notice. Benefit is determined on an everyday item premise and credited to your Account month to month. The base rate of return will be 8.75% p.a.

4.  Foreign Currency Account Remote money accounts are opened by bank to hold stores in outside cash. These are opened just in approved branches.

4.1

Foreign Currency Saver’s Account 

A perfect record to gain alluring profits for remote money stores

 

 

Key Features:      

           

Benefit Payable on Monthly Basis Free SMS Alerts (On Transaction Equivalent to Rs 25,000 and above) Free Cash Handling Up to 90% Financing in Pak Rupees All Other Conditions of Savings Account apply Rate of profit: a)  Below RS. 5,000 0.25% p.a. b)  From 5,000 to 10,000 0.75% p.a. c)  From 10,000 to 25,000 1% p.a. d)  From 25,000 to 100,000 e)  100,000 & above

4.2

1.25% p.a. 1.50% p.a.

Forex Current Account

AL Habib Forex Current Account can be opened with US Dollar, Pound Sterling and Euro

Key Features:     

         

No Minimum Balance Free Life Insurance* Free Cash Handling Free Remittances (Three Per Month) Up to 90% Financing in Pak Rupees

*Free Life Insurance:

  New Accounts Eligible After 90 Days of Opening of Account   Claims Payable on the Basis of 90 Days of Average Balance in client account   Maximum Claim Payable on Accidental Death - Rs. 2 Million   In Case of Joint Account, Any One of the Account-holders will be secured   Maximum Claim Payable on Natural Death/Permane Death/Permanent nt Disability – 1 million   Age Limit - 18 to 60 Years 5.  Loans













An advance is the loaning of cash by at least one people, associations, or different elements to different people, associations and so forth. The beneficiary acquires an obligation, and is typically at risk to pay enthusiasm on that obligation until it is reimbursed, and furthermore to reimburse the primary sum obtained

 

 

5.1 

House Financing 

Lodging Finance item takes into account the financing needs of BAHL B AHL clients/connections clients/connectio ns and is offered to purchase, improve/redesign, develop private properties or exchange their current lodging money to BAHL; keeping up tasteful association with the Bank.

5.1.1 

Home Buyer

  The item is offered to people who mean to purchase officially assembled private property (house or condo) for individual use only



  Minimum Amount PKR 0.3 Million. Most extreme Amount PKR 50 Million or dependent on the period of property going from 75% to 85% of evaluated estimation of developed house/loft/land whichever is lower

 

  Financing will be founded on total compensation   Least pay necessity for co-borrower will be Rs.30,000/ -, anyway other credit parameters of the co-borrower will be as of the essential borrower



  Residency ranges from 1-25 years

5.1.2 

Home Construction

possess land and need   This item is stretched out to clients who effectively possess assets to meet the development cost.



  Minimum salary necessity for co-borrower will be Rs.30,000/ -, anyway other credit parameters of the co-borrower will be as of the fundamental borrower



  Least Amount PKR 0.3 Million. Most extreme Amount PKR 35 Million or 100 % of Bill of Quantity (BOQ) (B OQ) or 70% of the development cost and evaluated land esteem whichever is lower



  Financing under any of the above conditions will be founded on net gain of the candidate to determine reimbursement r eimbursement capacity

 

  Tenure ranges from 1-25 years.   Be that as it may, an Undertaking is to be given by the candidate to finish the development in 2 years from first payment in all respect.



  Disbursement will be made in tranche rate insightful as per Construction stage and its expense according to given Bill of Quantity (BOQ).



  Legal prerequisites to be finished by candidate as regarded important by the Bank's Legal Counsel.

 

  

  Reimbursement in equivalent regularly scheduled payments dependent on the residency of financing (multiyear ( multiyear effortlessnes effortlessnesss period for development is likewise included, where just increase is to be serviced)



  Common disbursement stages are as follows: a)  Plinth & Foundation 30% b)  Structure 30% c)  Completing

40%

5.1.3 Home Improvement 

  Home improvement is offered to clients who wh o officially possess a built house and require assets for its improvement/remodel. Just proprietor involved and empty private properties will be engaged under this section.



  Financing from Rs.300,000 up-to Rs.15 million or up-to half of evaluated esteem whichever is lower

 

  Tenure ranges from 1-25 years   Disbursement made as 1 Bullet Payment in client's record or pay request for the essential or co-borrower

 

  Bill of Quantity (BOQ) likewise required   Property valuation(s) will be produced using an endorsed PBA valuator(s) on Bank's board.

5.1.4 Home Balance Transfer 

  Home Balance Transfer is offered to borrowers who are as of now benefiting lodging money from different foundations/manages an account with great reimbursement history.



  Just the remarkable sum will be paid to the discharging bank/organization or most extreme sum PKR 50 Million whichever is lower.

Eligibility Criteria:     



         

Must be a Pakistani national Existing singular clients keeping up acceptable relationship. Least a half year of dynamic association with BAHL. BAHL Corporate/Commercial Relationships Valid CNIC issued by NADRA (NICOP card holders having organizations/work

in Pakistan might be acknowledged with conditions appropriate).   The total Debt Burden ought not be over half

 

 

Pricing: 

  Variable Rate Option for example 1 Year Kibor + 3% With Salary Transfer (for Salaried Person).



  1 Year Kibor + 3.5% (for without compensation exchange and Businessmen/SEP)



  Rate amendment on every class will be on advance commemoration

Documents Checklists for Business:  

  Financing Application Form totally filled and marked by customer   3 ongoing international ID measure photos of essential and co-candidate (assuming any).

 

  Form CF-1 according to SBP format.   Proof of being good to go for a long time can be set up through any of the accompanying reports



 

  Bank authentication reflecting business element status, client's status and years in business   Most recent 3 years' duty documents

  Partnership deed (enlisted and authorized)

Documents Checklist for Salaried Individuals:      

       

Financing Application Form totally filled and signed 3 ongoing international ID measure photos of essential and co-candidate. Legitimate CNIC of essential/co-candidate (Old NICs won't be acceptable). Form CF-1 according to SBP format.

  Latest 3 months compensation slips   Latest Salary/work testament Last one-year bank articulation; where pay is being credited

Security: 

R egistered   Evenhanded Mortgage for BAHL alongside Token or Full Registered Mortgage; as exhorted by our Legal Counsel



  Life Coverage Insurance and Property Insurance

Charges: a)  Processing Fee: b)  Balloon Payment:

Rs.4,000/3% as per SOC

 

 

c)  Delayed Payment: d)  Returned Cheques: e)  Property Valuation: f)  Lawyer Fees: g)  Income estimation: h)  Life & Property Insurance:

5.2

Rs. 500 per late payment Rs. 500 per case At Actual At Actual At Actual At Actual

Cash Finance

The sharpest method for satisfying your own and family needs, while keeping your reserve funds unblemished. Presently exploit an issue free close to home credit at the most aggressive rate against your National Savings Certificates, Pak Rupee/Foreign Currency Deposits and First Habib Cash Fund units. u nits.

Key Features:   Brief and Hassle-Free Processing   Balance Transfer Facility is additionally available   No Processing Fee 





  

Documentation Charges (At Actual)    No Pre-installment Penalty   Free E-Statement/Internet Banking Facility

Eligibility Criteria: 

  Every Resident Pakistani Individuals, for example, Salaried, Self Employed and Business Persons



  Satisfactory Credit History

Finance Amount:  

  Least Finance sum is Rs. 50,000 Deposits/Encashment shment estimation of Securities   Maximum (90% against PKR Deposits/Enca and 85% on FCY Deposits)

Documents Required:      

       

ALHABIB CASH FINANCE Application Form Duplicate of CNIC BBFS Most recent compensation slip/Salary Certificate (For salaried individual)

  Ledger Statement for most recent six Months (For Business Person)   Some other record of pay evidence, if accessible

 

  

  As of now Liability assertion according to the endorsed SBP design)

Pricing:  

  Financing up to Rs. 5.0 Million Against Bank AL Habib PKR Deposits   Running Finance: 2.00% over Deposit Rate Term Finance: 1.50% over Deposit Rate Financing up to Rs. 5.0 Million (Against FCY Deposits and Permissible



Government Securities)   Running Finance: 2.00% more than 3 Months KiborTerm Financial 1.50% more than 1 Year Kibor For Financing of over Rs 5.0 Million



  Running Finance: 1.50% more than 3 Months KiborTerm Finance: 1.25% more than 1 Year Kibor Aggregate Debt Burden



5.3

  Half of net discretionary cashflow ApniCar

Bank AL Habib APNI CAR-The vehicle financing office which gives you complete significant serenity through advantageous reimbursement plans

Key Features:  

  Free Accident Insurance up to Rs. 500,000   Financing accessible for Brand New, Used and Imported Cars Minimum Down Payment for Brand New Cars is 20% and 30% for Imported/Used Cars

 

  Minimum Financing: Rs 250,000 3,000,000/ - for Brand New Cars and: Rs. 1,500,000 1,500,000//   Maximum Financing: Rs. 3,000,000/ - for Imported/Used Cars Financing period is 1-5 years

  

  Easy month to month installments   No Pre-installment penalty   Also accessible under Islamic Finance (Diminishing Musharakh)

Eligibility Criteria:   

  Must be a Pakistani Citizen   Account Holder of any Bank   Must be a Salaried person or businessmen

Documents Checklist for Salaried:  

  Two late photographs   Copy of Computerized National Identity Card

 

  

  Proof of business, compensation and work involvement of least 1-year (Salary Slip/Employment Certificate)



  Bank proclamation of most recent a half year

Documents Checklist for Businessmen:    

5.4

  Two ongoing photographs   Copy of Computerized National Identity Card   Acceptable evidence of business   Bank Statement of most recent a half year Prime Minister Youth Business loan

To formalize the belief system of Prime Minister's Youth Business Loan, conspire, Bank AL Habib is focused on reinforcing the young fellows/ladies business people of Pakistan by supporting the plan and giving the chances of money related autonomy through independent work.

Key Features: 

j obless youth,   Private venture Loans will center on (but won't be confined to) jobless particularly taught youth searching for setting up or expanding business undertakings

 

  SME Financing (Small Business)   All Men/Women holding CNIC, matured between 21 to 45 years having an enterprising potential may apply from the assigned branches, mapped with their region of living arrangement or business



  Self-Guarantor (where offered security/ardent property is in their very own name and ought to be esteemed at any rate 1.5 occasions of the advance sum).

  

  Business Hypothecation (Stocks, Inventory, Receivables and so on)   Pricing/Mark Up Rate 6% per annum   Maximum Up to Rs. 2 Million. Least Rs.0.1 Million

6.  Remittance A settlement is an exchange of cash by an outside specialist to a person in their nation of origin.

6.1 Home Remittance Bank AL Habib Home Remittance Division is encouraging abroad Pakistanis around the world and their friends and family in Pakistan by offering some benefit added

 

 

administrations to remitters and recipients under the extraordinary Home Remittance courses of action

6.2 MoneyGram MoneyGram has an overall reach through its system of 310,000 nearby specialists crosswise over 197 nations and domains, giving its clients accommodation and adaptability. MoneyGram is quick, trusted, secure and an all-around prestigious approach to get cash everywhere throughout the world from your friends and family in minutes.

6.3 Ria Money Transfer Ria is a worldwide pioneer in cash settlements and backup of Euro net Worldwide, Inc. (Nasdaq: EEFT), with administrations in more than 147 nations and 300,000 areas.

7.  E-Banking It is a technique for banking in which the client conducts exchanges electronically by means of the Internet.

7.1  Visa Debit Card

This is a Debit card offered explicitly to BAHL accountholders. On the off chance that you don't have a record, if it's not too much trouble open a record at any part of Bank AL Habib to get a BAHL Visa Debit Card (Silver or Gold) and begin getting a charge out of the accompanying advantages.

Key features:   Global Acceptance   Convenience   Supplementary card option 





    

         

ATM Cash withdrawal Balance Enquiry Mini statement Global customer assistance services Fund transfer across accounts

7.2  UnionPay Debit Card Bank AL Habib is continually endeavoring hard to give best in class administrations to its clients. In accordance with this vision, we have presented an all-inclusive satisfactory item "BAHL UnionPay Debit Card"

Key features:   Global acceptance   Convenience 



 

       

           

7.3

Supplementary card option ATM cash withdrawal Fund transfer across accounts Balance enquiry Mini statement International customer support

PayPak Debit Card

AL Habib are glad to display the BAHL PayPak Debit Card. This Card is legitimate for residential reason just and must be utilized by entering your PIN on electronic terminals

Key Features:   Convenience   Balance enquiry   Mini statement   Nominal Fee structure 







7.4

ATM Card

Bank AL Habib is an author part bank of 1 Link, the biggest shared ATM arrange countrywide, allowing you 24-hour access to your record from any ATMs. This system will continue extending to give you unmatched and most advantageous administrations.

7.5

Credit card

A Visa is an installment card issued to clients to empower the cardholder to pay a trader for products and enterprises dependent on the cardholder's guarantee to the card guarantor to pay them for the sums in addition to the next concurred charges.

Key Features:        

               

Acceptability around the globe Up to 3 supplementary credit cards Revolving facility Convenient payment modes 24-Hour Call Centre Insurance Cover Zero Loss Liability Lost/Stolen Card replacement

 

     

       

Cash advance facility E-Statements Net Banking SMS Alerts

Eligibility Criteria:  

  Existing individual Account Holders   Salaried representatives of Corporate Relationships accepting month to month pay rates in their Bank AL Habib account.

  

  Self-utilized Professionals and Businessmen   Age: 21-60 years for salaried customers   Age: 21-65 years for independently employed Professional and Businessmen

 

  Age for Supplementary Card: 18-70 years.   Minimum Income prerequisite for salaried candidates Rs. 10,000 p.m.

 

Minimum Income prerequisite for independently employed Professional

       

Bank recommended application form



   



Basic Documents: Copy of Computerized National Identity Card Bank Statement Minimum of Six months. CF 1 Annexure – subtleties of different offices as of now get from different Banks/DFIs.

  Credit Shield undertaking, if client selects, for Credit Shield.

Income Documents for Salaried individuals:  

  Pay Slip or Certificate ideally marked and stepped by Employer   Last a half year bank explanation crediting the pay sum.

Income Documents for Businessmen:  

  Ownership letter   Company most recent half year bank articulation.

Income Documents for Partnership:  

  Organization deed   Company most recent half year bank explanation.

 

 

Income Documents for Private limited company: 

  Organization Articles and Memorandum of Association structure "29 A" where-in referenced proprietorship stake.



  Company most recent half year bank articulation.

7.6

Internet Banking

The new web Banking administration stage is a widely acclaimed framework with top tier includes, and is named "Bank AL Habib iBanking " giving you more esteem included administrations and upgraded security highlights.

7.7

Mobile banking

Bank AL Habib clients would now be able to get to different administrations from their PDAs by dialing *808# in UFONE USSD Model of versatile banking. With Mobile Banking, client can direct offer money related and non-monetary exchanges effortlessly effortlessly in a safe and verified condition.

Eligibility Criteria:    

7.8

       

PKR Account Relationship only ATM/Debit Card Active Ufone SIM (no other system can benefit this facility) 13-digit CNIC by NADRA

Electronic Fund transfer

This is an administration for exchanging assets between your very own record, recipient account, any BAHL account and other Bank B ank account by utilizing ATM/Debit Card and iBanking Service.

7.9

Direct Debit Facility

Bank AL Habib is glad to acquaint the Direct Debit Facility with make charge installments and portable top-ups simpler for you. When you agree to accept the administration, this novel and imaginative office sets up programmed repeating installments for every one of your bills and top-ups from your assigned record kept up at the branch.

Key Features:   No enrollment fees 

 

    

  Save your time as bills are paid automatically   No holding up in long lines at banks   Nominal expense of PKR 25/ - just for an effective charge exchange

8.  Corporate Banking Bank AL Habib, Corporate Banking is tied in with everlasting and all-season connections spinning around solid qualities. Being a business arranged bank which trusts in cooperating, we generally take a stab at associations dependent on correspondence and along these lines view ourselves as a bank that the dynamic and result-situated organizations can identify with. We give a wide cluster of business arrangements including yet not restricted to the accompanying   

  Working Capital financing   Trade Financing Long-Term Financing offices for new undertakings, extensions and BMR   which additionally incorporates long haul fund office offered by SBP. SBP .

9.  SME Banking  The SME Division was set up with an expect to give SE and ME Banking and attempts to deliberately serve this critical fragment. BAHL has confidence in rearrangements of methodology and decrease in turnaround time and quality administrations. Revised Prudential regulations as defined by the SBP Classification

Segment

SE

 

Annual Sales Turnover

Limit

Up to 50

150

25

ME

Tradi Trading ng

51-100

800

200

ME

Manufactu Manufacturing ring 51-250

800

200

ME

Services

800

200

We offer after offices to the clients: 

No. of employees

  Working Capital Financing   Procurement of Inventory   Receivable Financing

51-250

 

  

9.1

  Procurement of Machinery SBP Re-finance Scheme

9.1.1 Re-Financing facility for modernization of SME Little and Medium Enterprises (SMEs) assume an essential job in production of work openings, financial development and neediness decrease.

Key Features: 

  Financing Facility is accessible for SMEs borrowers, as characterized in Prudential Regulations of SBP for SMEs.



  Financing is accessible for neighborhood buy/import of new hardware for BMR of existing SMEs units and setting up of new SMEs units for buy of new Generators up-to 500 KVA.



  Financing is accessible just against LCs if there should arise an occurrence of financing against imported plant and apparatus.



  Financing is accessible to the degree of the C and F estimation of the

imported new plant and apparatus and/or ex-plant/showroom cost of the new privately made hardware.

Tenure: The office is accessible for greatest time of ten years including a half year elegance period.

Mark-Up Rate: Financing is up to 6% p.a.

9.1.2 Re-Finance & Credit guarantee scheme for Women Entrepreneurs So as to improve access to fund in underserved territories of the economy particularly for the lady’s business visionaries, a renegotiate alongside credit ensure plot is being propelled for the lady’s borrowers working in the underserved zones of the nation.

Key Features: 

  Financing will be accessible to lady’s business visionaries in the underserved regions

 

  

  Financing under the plan ought to be given to setting up of new business undertakings or for development of existing ones.

Limit: Most extreme Rupees one and a half million (Rs. (R s. 1.5 Million).

Tenure: Financing is accessible at increase rate of up to 5 percent for each annum.

Mark-Up Rate: Most extreme time of five (5) years including a half year effortlessness period.

10. Islamic SME Banking Bank Al Habib Islamic Banking Division offers various Shari'ah consistent arrangements with adaptability of decision to provide food the financing need of SMEs in a protected, straightforward and wonderful way.

10.1  Short-term Financing 10.1.1  Al-Habib Islamic Murabaha A transient financing office for obtaining of crude materials, and different resources by Bank and its ahead deal to the client on expense in addition to benefit premise for the most part with conceded installment. This item is appropriate for makers, merchants, shippers to obtain/import ob tain/import any sort of Shariah admissible products (crude/semi completed/got done with/handling/pressing material material and so on).

10.1.2  Al-Habib Istisna A transient financing office in which the Bank arranges the producer to make products according to the particular of request. Once Istisna merchandise are produced, products are conveyed to the Bank. B ank. In the wake of taking conveyance, these products are privately sold/sent out by the client going about as Bank's Agent and fund is acknowledged through their business/send out continues.

10.1.3  Al-Habib Islamic Musawamah A Short expression financing office for gathering liquidity necessities of the clients in which the Bank buys the completed/fabricated products of the client which are prepared to deal. These products are then conveyed to the Bank. Subsequent to taking conveyance, these products privately sold/sent out by the client going about as Bank's Agent. The accountare is then acknowledged through their business/trade continues.

 

 

10.2  Islamic Export Re-Finance Facility AL Habib Islamic Banking Division offers Export Finance Facility under SBP IERF plan to help send out arranged organizations. Both pre and post shipment offices dependent on Murabaha and Istisna are accessible at sponsored rates conveyed by SBP every now and then. This item accommodates all the remarkable prerequisites of exporters, and is accessible in both Part-I and Part-II according to the Islamic Export Refinance Scheme of the State Bank of Pakistan.

10.3  Long-Term financing 10.3.1 Al-Habib Islamic Diminishing Musharakh The Customer and Bank buy resource in which proprietorship is made together. The Bank rents its offer to the client and the client buys units (of Bank's proprietorship in the advantage) at occasional interims. Endless supply of the considerable number of units, the client turns into the sole proprietor of the advantage. This item is reasonable for financing of fixed Assets, for example, for development/buy of Godown, Warehouse, Storage Unites and Commercial Properties, Plant, Equipment and Commercial Vehicles (Fleet Financing).

10.3.2  Al-Habib Islamic Ijarah  Ijarah is actually alluded to give something on lease. The Bank utilizes this item for medium and long-haul financing purposes where the Bank procures the advantage required by the client and afterward rents it to the client for a fixed period. This item is utilized for the financing of Fixed Assets, for example, Plant, Machinery, Equipment and, Commercial Vehicles.

11.  Trade Services   Specialized help to our clients for all kind of outside exchange business.   Imports into Pakistan by setting up Letter of Credits (LCs) t he recipient's   Expand reporter game plans all-inclusive for LC prompting in the 





nations   

  Sufficient courses of action to get these LCs affirmed if so required.   Handle imports on gathering basis   Financing for the shippers by method for FTR, FIM, FCIF and so on., in nearby just as remote currencies.

 

  Facilitate exporters to exhort LCs set up to support them.   Fare LCs' confirmation

 

   

  Purchase of archives (FDBP) exhibited under fare LCs.   Pre and post shipment financings to the exporters, for example, FEBP, FAPC, FAFB, FCEF etc.

12.  Cash Management Services Our Cash Management suite of administrations/item administrations/itemss is outfitted towards tending to these business and operational complexities with the target to streamline an organization's receivables and payables. With our constant/online branch system of 729 Branches (Inclusive of Sub Branches and Islamic Banking Branches), strong frameworks and experienced back office, we can include huge efficiencies in streamlining an organization's money streams.

13.  Guarantee Upon the solicitation of our clients and against securities and limits agreed to them subject to endorsement of our Central Bank (whenever required), we issue Counter Guarantees (SBLCs, Performance Bonds, Bid Bonds and Advance Payment Guarantees and so forth) to our Foreign Correspondent Banks. Against Counter Guarantees of Foreign banks, we issue our Guarantees to recipients in Pakistan.

14.  Agri-Banking Farming segment is a fundamental part of Pakistan's economy as it gives the crude materials to enterprises down the line and aides in neediness mitigation. This division contributed 19.8 percent in GDP and it stays by a wide margin the biggest manager retaining 42.3 percent of the nation's complete work drive. As of now the Bank B ank is putting forth following five horticulture financing items to the cultivating network helping them to meet their money related needs in ranch and non-ranch parts.

14.1 Al-Habib Kisaan revolving credit scheme Arrangement of satisfactory and convenient financing backing to cook the interest for assets of the ranchers/cultivators in gathering their momentary horticulture creation needs/working capital prerequisites to raise their yields according to SBP rundown of qualified things is made through this plan

14.2 Al-Habib Kisaan Farm Mechanization Scheme In perspective on need and to expand effectiveness of the ranchers, mechanical help to the homestead is fundamental. This plan includes financing for buy of tractor, tractor-mounted and tractor driven executes/apparatus.

 

 

14.3 Al-Habib Tube-well Finance scheme Keeping in view the shortage of water-backbone of inundated terrains, Bank AL Habib has offered to fund for establishment of cylinder wells (electric/diesel), (electric/diesel), profound turbines, sun-based vitality units, water the executives gear and so on which help ranchers utilize their restricted water assets

14.4 Al-Habib Livestock Finance Scheme Domesticated animals are the biggest sub-area contributing 59% to add up to agribusiness esteem option and comprises about 12% to nation's GDP. Pakistan is the fourth biggest maker of milk on the planet with an extraordinary potential to create meat ranch and can have generous offer in the alluring Halal Meat showcase. So as to help domesticated animals’ ranchers, Bank AL Habib has propelled this plan, which will empower them to run, grow as well as to give working capital offices to their domesticated animals/dairy ranches.

14.5 Al-Habib Godown. Silos. Cold storage Finance Scheme There is an intense lack of legitimate storerooms for items/natural products/vegetables in the nation. Agribusiness advances for working capital/development of Godown/storehouse capital/development Godown/storehousess or foundation of cold stockpiles under horticulture financing is broadened, which clearly encourages the ranchers to store their produce/crude materials for better cost in the market.

14.6 SBP Re-Finance Scheme So as to build up the agrarian produce showcasing and upgrade stockpiling limit, SBP has presented a plan to be specific "Money Facility for Storage of Agricultural Produce (FFSAP)" to set up storehouses, stockroom and cold stockpiles.

Key Features:   

Buy of new imported and privately fabricated plant and apparatus, gear and extras thereof, to be utilized in steel/metal/solid storehouses, stockroom and cold storage.

 

  Purchase of new generators.   Up to 65% expense of whole considerate works.

Tenure: Financing will be accessible for a greatest time of seven years including a most extreme beauty time of a half year.

Mark-Up Rate: Financing is accessible at increase rate of 6 percent for each annum.

 

 

14.7 Livestock financing for Nestle Dairy Farms The Bank has made a concurrence with Nestle' Pakistan to give short, medium and long haul financing offices to dairy ranchers subsidiary with and appropriately prescribed by M/S. Settle' Pakistan Defiance office is considered for qualified ranchers, on case to case premise, under our endorsed item "Al Habib Kissan Livestock and Dairy Development Finance Scheme" against adequate insurance and money streams.

Key Features: 

  Dairy ranchers working with Nestlé since last over 2 years ought to have a legitimate CNIC/character CNIC/character doc, living/working in the territory for in excess of five 5 years.



  Candidate must not convey default history with any bank/monetary foundation.





  Term Finance Facility, for a tenor from 2 to 5 years to buy creatures, animals and dairy gear/hardware and appropriation/transportat appropriation/transportation ion requirement.   These financing offices are accessible at limited increase rates.

15.  Islamic Financing Islamic banking or Islamic account or sharia-agreeable fund is banking b anking or financing action that agrees to sharia and its reasonable application through the advancement of Islamic financial matters

15.1 Murabaha Finance An agreement between the Bank and a Customer under which the Customer first buys certain merchandise/products/resources merchandise/products/resources as an Agent of the t he Bank, and the Bank in the wake of claiming the merchandise/items/resources pitches pitches it to a similar Customer by adding certain net revenue to its expense.

Available for: Assets/Commodities/Goods. s/Goods.   Neighborhood buy of Assets/Commoditie   Imports under Letter of Credit/Firm Contract.   Purchase of crude material for exports.   Local buy of crude materials for generation of Goods/Assets. 







Shariah Compatibility: 

  Resources must be Shariah compatible.

 

  

  All understandings/records endorsed by our certified and experienced Shariah Advisor and normal observing/checking of Murabaha exchanges by the Shariah Advisor 

Customer’s Guidance:   

  Murabaha is constantly took into account new purchases.   Goods will not be utilized by the Customer before the Murabaha offer and acknowledgment are signed.



  Rollover in Murabaha isn't permitted. Notwithstanding, new buys can be made under new Murabaha arrangements.



  Murabaha cost once fixed can't be changed.

15.2 Ijarah Finance Ijarah is fundamentally the exchange of usufruct of a fixed/tough advantage for someone else for a concurred period, at a concurred thought. Under Ijarah understanding the advantage will be given to the Customer on lease for the period concurred at the season of agreement.

For Vehicles: 

  Ijarah understanding and other record endorsed by our certified and experienced Shariah Advisor.



  Periodical rentals to be fixed by Customer needs at exceptionally aggressive terms.



  Regular observing and checking of Ijarah exchanges by our Shariah Advisor.

For Machinery & Equipment:   Rent understandings and different reports endorsed by our certified and 

experienced Shariah Advisor. 

  Periodical rentals to be fixed by Customer needs at exceptionally aggressive terms.



  Regular observing and checking of Ijarah exchange by our Shariah Advisor.

15.3 Diminishing Musharakh Finance: Reducing Musharakh is a type of organization in which one of the accomplice's guarantees to purchase the value offer of the other accomplice continuously until the title of the value share is totally exchanged to him. This exchange begins with the development of an association, after which purchasing and selling of the value

 

 

happens between the two accomplices. Reducing Musharakh can be utilized u tilized for plant, hardware, gear, structures and vehicle financing.

Principles: 

  Lessening Musharakh (DM) is a type of co-proprietorship in which the customer and the bank share the responsibility for unmistakable resource in

 

concurred extent.   Diminishing Musharakh can be made just in substantial resources.

  Decreasing Musharakh will be constrained to the particular asset(s) and not to the entire venture or business



  A DM would comprise of the accompanying three stages Creation of joint proprietorship between the bank and the client

  

  Renting out by the bank unified offer in the benefit claimed to the client.   Selling its offer in intermittent portions by the bank to the customer. co -possession,   Every single other term and conditions as are fundamental to co-possession, Ijarah and deal will be satisfied in regard of various stages during the time spent DM arrangement



  Proportionate offer of the customer and the bank must be known and characterized as far as investment



  Loss, assuming any, will be borne by the bank and the customer in the extent of their particular investments



  The measure of intermittent installment would continue diminishing with buy of proprietorship units by the client.



  Each occasional installment will establish a different exchange of sale

15.4 Istisna Finance Istisna is an agreement of closeout of indicated item(s) to be fabricated or built. It is a request to a producer to fabricate a particular ware for the buyer. It is vital for the legitimacy of Istisna that the cost is fixed with the assent of the gatherings and that the fundamental determinations of the required things are completely settled between them.

Availability: 



  Assembling of determined item(s).   Construction of structures, plants, roadways, spans, under Build, Operate and Transfer arrangements.

 

  

  Manufacturing of flying machines, ships, machines, plant/processing plant and gear.

Shariah Compatibility: 

Merchandise/Material/Specified rial/Specified things that require assembling or   Merchandise/Mate development must be Shariah compatible.



  All understandings/records endorsed by our certified and experienced

Shariah Advisor and ordinary observing/checking of Istisna exchanges is being finished by the Shariah Advisor. Ad visor.

16.  Islamic Banking Deposit Scheme Islamic Banking Deposits offers a differing scope of Deposit and Investment related records guaranteeing Shariah consistence.

16.1 Al-Habib Current Accounts   

  It is non-benefit gaining account with check book facility. B anking offices are available.   ATM, Debit Card and Online Banking   Funds will be utilized for speculations and giving funds to exchange and businesses on completely Shariah consistent basis.

16.2 Al-Habib Saving Account   

  Profits and Losses to be shared according to recommended rules.   Profits to be paid each half year in January and July. a t occasional   Profit to be determined based on weightages, to be reported at interval.

  ATM, Debit Cards and Online Banking offices are available. 16.3 Al-Habib Term Deposits 

  

  Available in residencies of 3 months, a half year, 1 year, 3 years and 5-years.   Profit to be paid intermittently or on development according to rules.   Profit to be shared by an arrangement of weightages, to be declared at occasional intervals.



  Funds will be utilized for ventures and giving funds to exchange and businesses on completely Shariah consistent basis.

 

 

Financial Analysis 2018

2017

2016

2015

Total Assets

1,048 Million

919 Million

751 Million

639 Million

Total Liabilities

998 Million

873 Million

708 Million

601 Million

Total Advances

478 Million

339 Million

261 Million

205 Million

Total Investment

414 Million

476 Million

405 Million

354 Million

Total Deposits

796 Million

692 Million

584 Million

516 Million

Share Capital

11 Million

11 Million

11 Million

11 Million

Reserves

14 Million

13 Million

11 Million

10 Million

Profit Before Tax

14 Billion

14 Billion

13 Billion

12 Billion

Profit after Tax

8.4 Billion

8.6 Billion

8.1 Billion

7.4 Billion

Earnings per share

7.57

7.78

7.31

6.66

 

 

SWOT Analysis 

SWOT Analysis is a vital arranging technique used to assess the Strengths, Weaknesses, Opportunities, and Threats associated with a task or in a business adventure. It includes determining the objective of the business adventure or venture and distinguishing the interior and outer elements that are favorable and negative to accomplishing that objective

a)  Strength: The strength of Bank Al-Habib Al -Habib is as Follows:  

  ATMs at bank Al Habib are tied down inviting and simple to get to   Bank Al Habib's image name is itself a quality

  Bank Al Habib have the more than 700 branches in Pakistan.   They don't devour to much capital on the advertising of their item.   Appropriate web based financial framework.   No, an excess of danger of the political condition.   Adequate liquidity position.   Habib school’s half concession for the poor people groups b)  Weakness 











The weakness of Bank Al-Habib is as follows:   

  Bank Al Habib rushes to give credits and cards.   Difficult application is for applying for a charge card   No showcasing for the advancement of their advertising.

 

  

  They are not high daring individual in business exercises but rather in business the term is utilized "high hazard high benefit, generally safe low benefit"

  An excess of poor Self Marketing Department. c)  Opportunities 

 

The opportunities of Bank Al-Habib are as follows:   Bank Al Habib can likewise search for little record holders

  Bank Al Habib has a chance to converge with some other bank to expand the quantity of its branches in Pakistan.

 

  Alluring pay bundles ought to be granted.   Showcasing office ought to be begun so as to advance the name of Bank Al Habib.

d)  Threats The threats of Bank Al-Habib Al -Habib are as follows: 

  Step by step rivalry is expanding of the extension of the banks as well as due to the propelling of the new bank in the market for example Barclays.



  Conditions of Pakistan are an extraordinary risk for the presence of the Bank Al Habib



  An ever-increasing number of banks are propelling their activities in Pakistan which is increasing competition for the Bank AL Habib.



  The regular banks those having high development rate and high piece of the overall industry are continually being a danger.

 

 

PEST Analysis

a)  Political Factors The occasions over the most recent few years; the bomb impact of May 28th, 1998 and the subsequent freezing of the FCA's, the presentation that Riba is Un-Islamic, and an unstable political situation that saw the oust of the Nawaz Sharif routine, all contributed in featuring the imperative job of government in the nearby economy.

b) Economic Factors  The Pakistan economy is increasingly controlled economy, at that point one where advertises powers reign supreme. A few key establishmen establishments ts are expressed possessed. Accordingly, a discourse of the monetary powers that influence the private association, for example, bank Al Habib can't overlook the significant pretended by the government in deciding the condition of the economy. The greatest pointer of the overwhelming role enjoyed by the administration was proof when outside cash accounts (FCA's) were solidified on the orders of the service of money in the wake of blast tests on May 31st, 1998

c)  Socio-Cultural Factors A low sparing society has balanced the tremendous populace advantage this is delighted in by Pakistan. Also, culture is committed by the religion, and in Pakistan a critical portion of the populace is loath to acknowledge enthusiasm for their stores because of the negative religious ramifications of such an act. About

 

 

70% of Pakistan's populace depends on country regions, in this manner making it harder for banks to mobilize their stores inside these locales. 

  Habib bunch additionally began an educational system in Karachi for the cherty reason



  They give the assets to the needy individual on the regular schedule

d) Technological Factors

  in the created world have been swinging to overwhelming IT ventures, Banks which differentiate their items, give reaction times, upgrade availability and improve client satisfaction. Though putting resources into best in class have banking arrangement (Fiserv, Kapiti, and so forth) , ATM and POS ( point of deal) systems, visa, MasterCard, and Amex switches, brilliant cards, telebanking and now web banking are regular IT interest in the created world, it is presently that these items and services are increasing quicker acknowledgment in Pakistan. Bank Al Habib change their innovation in IT part because of the prerequisites of the present time, before this they have the poor innovation of the IT and un less gifted individual in that field yet at this time they supplant it with the substantial establishment of the IT instruments. They procured new expertise employed and prepared them for the productive and successful work.

 

 

Recommendations Following are the recommendations which Bank Al-Bank have to improve; 

  They ought to improve the showcasing office for the advancement and the better outcome for the organization



  They should utilize the electronic media habitually for focusing on the



higher class of the customers   They should support the occasions in Pakistan and furthermore on the planet for the advancement of the business.

   

       

Bank Al Habib ought to turn out to be speedy to give advances and cards. Make Easy methodology for applying for a charge card Give more impetuses like rewards extra time pay and so forth. Make solid Self Marketing Department.

 

 

Conclusion From the above, we are presumed that Bank Al Habib due very well in the market. They used the great procedures for achieve of the association objectives and goal. Bank Al Habib met their spending plan in the year in all respects adequately, increment the branches in Pakistan real urban communities, and increase the ATM's system. They utilized the system deals advancement for the advancement for the advancement of their item in the market, presented the new item in the market like more youthful savers account and etc. They utilized the frontal assault in the market for the advancement of their business in the market like different banks in the Pakistan. They are politically solid since they have no record of that thoughtful that is affected by the politically insecurity in the nation. They are too much mindful in giving the credit facility to the client. Bank Al Habib is for the most part accentuation on the financing and stores that is the better for the effective work of the association. They are poor in the IT division however they are taking care of this issue in last year by introducing another arrangement of IT, and furthermore train their workers enlist the gifted representatives for the IT segment. By this execution of the IT division of the Bank Al Habib is an excessive amount of improved