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Profit Sharing Mechanism for Distribution of Profit for the month of February 2022

The Bank is currently offering Term Deposits, Saving Deposits, AL Habib Tijarat Account (Current Remunerative), AL Habib Apna Individual Account (Current Remunerative) under the principle of Mudarabah.

The Bank will calculate the profit of the deposit pool after every month end. Profit will be distributed at the Net Income level i.e. Gross Income less direct expenses, write-offs/charge-offs and loss on sale of investments. In case of comingling of Bank’s equity with depositors’ fund in pool, the Net Income/Loss of Pool shall be allocated between the Bank’s equity and the depositors’ fund in proportion to their respective share in the pool.

Net Income of the deposit pool will be shared between the Bank (Mudarib) and Depositors (Rab ul Maal) on the basis of a pre-determined profit sharing ratio.

The Bank’s profit sharing ratio will be 50% of Net Income and Depositor(s) profit sharing ratio will be 50% of Net Income after the allocation of profit to Bank’s equity in proportion to the respective share in the pool.

The profit is distributed among the account holders on the bank’s predetermined weightages, announced at the beginning of the month based on their respective category/tiers.

At the end of the month, the Bank may unilaterally reduce its profit sharing ratio for the benefit of all the deposit categories in a pool.

In case of loss, as per the rules of Mudarabah, the deposit pool will share the loss in the ratios of investment of depositor(s).


Weightages declared for the month of February 2022 are
S. # Products Weightages Assigned
1. Savings Deposit - PKR 0.780
2. AL Habib Islamic Armed Force Saving Account 0.780
3. AL Habib Islamic Armed Force Pensioner Saving Account 0.780
4. AL Habib Islamic Asaan Account (Profit paid monthly) 0.780
5. AL Habib Islamic Asaan Remittance Account (Profit paid monthly) 0.780
6. Roshan Digital Account 0.953
7. Mahana Amdani Savings Account 0.780
8. AL Habib Tijarat Account (Current Remunerative) 0.002
9. AL Habib Apna Individual Account (Current Remunerative) 0.002
10. AL Habib Islamic Young Saver Account 1.126
11. AL Habib Islamic Senior Citizen Account 1.213
12. Term Deposit One Year Senior Citizen Account (profit paid monthly) 1.629
13. Term Deposit - 7 Days 0.866
14. Term Deposit - 1 month (1 - 9,999,999) 1.129
15. Term Deposit - 1 month (10,000,000 - 24,999,999) 1.149
16. Term Deposit - 1 month (25,000,000 - 49,999,999) 1.169
17. Term Deposit - 1 month (50,000,000 - 99,999,999) 1.189
18. Term Deposit - 1 month (100,000,000 & above) 1.209
19. Term Deposit - 3 month (1 - 9,999,999) 1.129
20. Term Deposit - 3 month (10,000,000 - 24,999,999) 1.149
21. Term Deposit - 3 month (25,000,000 - 49,999,999) 1.169
22. Term Deposit - 3 month (50,000,000 - 99,999,999) 1.189
23. Term Deposit - 3 month (100,000,000 & above) 1.209
24. Term Deposit - 6 month (1 - 9,999,999) 1.139
25. Term Deposit - 6 month (10,000,000 - 24,999,999) 1.159
26. Term Deposit - 6 month (25,000,000 - 99,999,999) 1.179
27. Term Deposit - 6 month (100,000,000 & above) 1.199
28. Term Deposit - 1 year (Profit paid monthly) 1.466
29. Term Deposit - 1 year (1 - 9,999,999) (Profit paid at maturity) 1.459
30. Term Deposit - 1 year (10,000,000 - 24,999,999) (Profit paid at maturity) 1.479
31. Term Deposit - 1 year (25,000,000 - 49,999,999) (Profit paid at maturity) 1.499
32. Term Deposit - 1 year (50,000,000 - 199,999,999) (Profit paid at maturity) 1.519
33. Term Deposit - 1 year (200,000,000 & above) (Profit paid at maturity) 1.579
34. Term Deposit - 3 years (Profit paid monthly) 1.466
35. Term Deposit - 3 years (1 - 9,999,999) (Profit paid at maturity) 1.459
36. Term Deposit - 3 years (10,000,000 - 24,999,999) (Profit paid at maturity) 1.479
37. Term Deposit - 3 years (25,000,000 - 49,999,999) (Profit paid at maturity) 1.499
38. Term Deposit - 3 years (50,000,000 - 199,999,999) (Profit paid at maturity) 1.519
39. Term Deposit - 3 year (200,000,000 & above) (Profit paid at maturity) 1.579
40. Term Deposit - 5 years (Profit paid at maturity) 1.466
41. IFRE (Islamic Finance Renewable Energy) 0.328
42. ILTFF - 3 Years - Textile 0.570
43. ILTFF - 5 Years - Textile 0.408
44. ILTFF - 10 Years - Textile 0.328
45. ILTFF - 3 Years - Non Textile 0.730
46. ILTFF - 5 Years - Non Textile 0.570
47. ILTFF - 10 Years - Non Textile 0.490
48. ITERF 0.165
49. SBP – Salaries & Wages 0.165
50. SBP - Islamic Refinance for Modernization of SMEs 0.328
For Foreign Currency Deposit Pool US Dollar / Pound Sterling / Euro

The Bank’s profit sharing ratio for FCY Pool (USD) will be 95% of the Net Income and Depositor(s) profit sharing ratio will be 5% of the Net Income.

The Bank’s profit sharing ratio for FCY Pool (GBP & EURO) will be 99% of the Net Income and Depositor(s) profit sharing ratio will be 1% of the Net Income.

S. # Product Weightage Assigned
1. Savings Deposit (US Dollar / Pound Sterling / Euro) (0-4,999) 0.21
2. Savings Deposit (US Dollar / Pound Sterling / Euro) (5,000 - 9,999) 0.63
3. Savings Deposit (US Dollar / Pound Sterling / Euro) (10,000 - 24,999) 0.84
4. Savings Deposit (US Dollar / Pound Sterling / Euro) (25,000 - 99,999) 1.03
5. Savings Deposit (US Dollar / Pound Sterling / Euro) (100,000 & Above) 1.25
6. Roshan Digital Account (US Dollar / Pound Sterling / Euro) (0-4,999) 0.21
7. Roshan Digital Account (US Dollar / Pound Sterling / Euro) (5,000 - 9,999) 0.63
8. Roshan Digital Account (US Dollar / Pound Sterling / Euro) (10,000 - 24,999) 0.84
9. Roshan Digital Account (US Dollar / Pound Sterling / Euro) (25,000 - 99,999) 1.03
10. Roshan Digital Account (US Dollar / Pound Sterling / Euro) (100,000 & Above) 1.25

The above mechanism has been approved by our Resident Shariah Board Member (RSBM).