Dubai Islamic Bank

 

DUBAI ISLAMIC BANK Dubai Islamic Fixed Deposit Account offers the ideal mix of long and short term benefits to depositors seeking attractive and Halal returns on their savings. Wi th a history of high profit payouts Dubai Islamic Fixed Deposit Account is an ex cellent investment vehicle for depositors with excess funds. By investing in the Dubai Islamic Fixed Deposit Account, the depositor (fund pro vider or Rabbul-Maal) authorizes DIBPL (fund manager or Mudarib) to invest his/h er funds on the basis of unrestricted Mudaraba contract according to the princip les of Sharia. DIBPL invests these funds in its Common Mudaraba Pool with other deposits and the shareholders’ equity. The profit on the Common Mudaraba Pool is d istributed amongst the shareholders’ and depositors on the basis of agreed upon we ightages which take into consideration the tenor, amount of deposit and profit p ayment frequency of the account. Fixed Deposit placements can be made in: • Pak Rupees • US Dollars Investment options are indicated below PAK RUPEES Tenors Monthly Profit payment Quarterly profit Payment Half Yearly Prof it Payment Maturity Profit Payment 1 Month NA NA NA NA Available 3 Month NA NA NA NA Available 6 Month NA NA NA NA Available 1 year Available Available Available Available 2 years Available Available Available Available 3 years Available Available Available Available 5 years Available Available Available Available 7 years Available Available Available Available

US DOLLARS Tenors Monthly profit payment Payment 1 Month Available NA 3 Month Available NA 1 Year Available NA

Quarterly profit payment

Maturity Profit

NA NA NA

Note: Profits are declared by the Bank on a monthly basis. Profit / loss may var y from month to month   Features of the Fixed Deposit Account • Free Free acce access ss to Du Duba bai i Isl Islam amic ic In Inte tern rnet et Bank Bankin ing g g giv ives es you you t the he conv conven enie ienc nce e t to o e eas asil il y monitor your fixed deposits • Minimum in investment am amount as as lo low as as Pa Pak Rs Rs.100,000/- o or r U US SD 2 20 000/• Available in in te tenors of of 1, 1, 3, 3, 6 months or or 1 1, , 2 2, , 3 3, , 5 and 7 years • Prof Profit it freq freque uenc ncy y opt optio ions ns ar are e mon month thly ly or quar quarte terl rly, y, semi semi-a -ann nnua uall lly y or or a at t m mat atur urit ity y • PrePre-ma matu ture re wi with thdr draw awal al sh shal all l be be at at the the disc discre reti tion on of DIBP DIBPL. L. In case case of such such a p pre re mature encashment, profit shall be recalculated/adjusted on the basis of the wei ghtage of the tier for which the deposit has remained in the Bank

 

• 24/7 Call Center with complete Tele-banking services • Acceptable as as Co Collateral fo for ot other Ba Banking F Fa acilities • Prof Profit it shar sharin ing g on on Mud Mudar arab aba a bas basis is wi with thin in the the C Com ommo mon n M Mud udar arab aba a P Poo ool l w wit ith h w wei eigh ghta tage ge points allocated on the basis of tenor, amount of deposit and profit payment fre quency • In case case of lo loss ss Ac Acco coun unt t Hol Holde der r bea bears rs the the los loss s i in n p pro ropo port rtio ion n t to o h his is/h /her er inve invest stme men n t in the Mudaraba Pool • Acco Accoun unt t Hol Holde der r can can gi give ve in inst stru ruct ctio ions ns for for rere-in inve vest stme ment nt or roll roll-o -ove ver r o of f d dep epos osit it f or the next applicable period at the time of the booking MEEZAN BANK Certificate of Islamic Investment Truly Halal and Absolutely Riba-Free!

The Certificate of Islamic Investment (COII) is a Mudarabah-based deposit produc t through which you can invest your savings for periods ranging from 3 months to 5 years and earn Halal profit on a periodic basis. The Certificates of Islamic Investment is an ideal investment for Individuals, Sole Proprietorships, Partnerships and Limited Companies Key Features Enjoy a range of valuable features including: Investment can be made for 3 months, 6 months, 1 year, 2 years, 3 years and 5 y ears Profit payment options are monthly, quarterly or at maturity Minimum investment required for quarterly and on-maturity payment is Rs. 50,000/ Minimum investment required for monthly profit payment is Rs. 200,000/ Pre-mature withdrawal can be made as per approved schedule Profit sharing & Distribution Method The Bank calculates the profit of the deposit pool every month. Gross income of the deposit pool is shared between the Bank (Mudarib) and customers (Rab-ul-Maa l) on the basis of a predetermined profit-sharing ratio announced at the beginni ng of the month. The profit is distributed amongst the Account holders on the ba sis of predetermined weightages, announced at the beginning of the month. In cas e of a loss, as per the rules of Mudarabah, the Rab-ul-Maal shall bear the loss in the ratio of their investment. Premature Encashment of a Certificate(s) In case of Premature Encashment of a certificate(s), profit will be paid with re spect to the applicable product category rate mentioned below. Early Redemption Schedule for the Certificate of Islamic Investment (Effective: 20, SDecember No. Tenure Ten ure2010) Rates Rates Applic Applicabl able e on Prematu Premature re Encash Encashmen ment t wit within hin Within 1 Month 1-3 Months 3-6 Months 6-12 Months 1-2 Years 2-3 Years 3-4 Years 5 Years 1. 3 Months No Profit Saving Account Rate 2.   3. COII 4. COII 5. COII 6. COII

6 Months

No Profit

Saving Account Rate

1 6 1 6 1 6 2 6

7. COII 8.

2 Years -Quarterly No Profit 6 Months COII 1 Year Monthly COII 2 Years -Maturity No Profit

Year - Monthly No Profit Months COII Year -Quarterly No Profit Months COII Year -Maturity No Profit Months COII Years -Monthly No Profit Months COII 1 Year Monthly COII

3 Months COII

Saving Account Rate

3 Months

Saving Account Rate

3 Months

Saving Account Rate

3 Months

Saving Account Rate

3 Months

Saving Account Rate

3 Months

Saving Account Rate

3 Months

 

COII 9. COII

6 Months COII 1 Year Monthly COII 3 Years -Monthly No Profit 6 Months COII 1 Year Monthly COII

Saving Account Rate 2 Y Monthly COII

3 Months

10. COII

3 Years -Quarterly No Profit 6 Months COII 1 Year Monthly COII

Saving Account Rate 2 Y Monthly COII

3 Months

11. COII

3 Years -Maturity No Profit 6 Months COII 1 Year Monthly COII

Saving Account Rate 2 Years Monthly COII

3 Months

12. 5 Years- Monthly No Profit COII 6 Months COII 1 Year Monthly COII Monthly COII 3 Years QuarterlyCOII 13. 5 Years- Quarterly No Profit COII 6 Months COII 1 Year Monthly COII Monthly COII 3 Years QuarterlyCOII 14. 5 Years- Maturity No Profit COII 6 Months COII 1 Year Monthly COII Monthly COII 3 Years QuarterlyCOII

Saving Account Rate 2 Years Monthly COII

3 Months 3 Years

Saving Account Rate 2 Years Monthly COII

3 Months 3 Years

Saving Account Rate 2 Years Monthly COII

3 Months 3 Years