Bahl Islamic Logo En Bahllogo
Profit Sharing Mechanism for Distribution of Profit for the month of July 2021

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 July 2021 are
S. # Products Weightages Assigned
1. Savings Deposit - PKR 0.710
2. Due to PO - IBB 0.675
3. AL Habib Islamic Armed Force Saving Account 0.710
4. AL Habib Islamic Armed Force Pensioner Saving Account 0.710
5. AL Habib Islamic Asaan Account (Profit paid monthly) 0.710
6. AL Habib Islamic Asaan Remittance Account (Profit paid monthly) 0.710
7. Roshan Digital Account 0.710
8. Mahana Amdani Savings Account 0.710
9. AL Habib Tijarat Account (Current Remunerative) 0.002
10. AL Habib Apna Individual Account (Current Remunerative) 0.002
11. AL Habib Islamic Young Saver Account 1.160
12. AL Habib Islamic Senior Citizen Account 1.146
13. Term Deposit One Year Senior Citizen Account (profit paid monthly) 1.188
14. Term Deposit - 7 Days 0.900
15. Term Deposit - 1 month (1 - 9,999,999) 1.005
16. Term Deposit - 1 month (10,000,000 - 24,999,999) 1.025
17. Term Deposit - 1 month (25,000,000 - 49,999,999) 1.045
18. Term Deposit - 1 month (50,000,000 - 99,999,999) 1.065
19. Term Deposit - 1 month (100,000,000 & above) 1.080
20. Term Deposit - 3 month (1 - 9,999,999) 1.040
21. Term Deposit - 3 month (10,000,000 - 24,999,999) 1.050
22. Term Deposit - 3 month (25,000,000 - 49,999,999) 1.095
23. Term Deposit - 3 month (50,000,000 - 99,999,999) 1.170
24. Term Deposit - 3 month (100,000,000 & above) 1.120
25. Term Deposit - 6 month (1 - 9,999,999) 1.100
26. Term Deposit - 6 month (10,000,000 - 24,999,999) 1.110
27. Term Deposit - 6 month (25,000,000 - 99,999,999) 1.130
28. Term Deposit - 6 month (100,000,000 & above) 1.160
29. Term Deposit - 1 year (Profit paid monthly) 1.090
30. Term Deposit - 1 year (1 - 9,999,999) (Profit paid at maturity) 1.090
31. Term Deposit - 1 year (10,000,000 - 24,999,999) (Profit paid at maturity) 1.100
32. Term Deposit - 1 year (25,000,000 - 49,999,999) (Profit paid at maturity) 1.150
33. Term Deposit - 1 year (50,000,000 - 199,999,999) (Profit paid at maturity) 1.180
34. Term Deposit - 1 year (200,000,000 & above) (Profit paid at maturity) 1.210
35. Term Deposit - 3 years (Profit paid monthly) 1.090
36. Term Deposit - 3 years (1 - 9,999,999) (Profit paid at maturity) 1.155
37. Term Deposit - 3 years (10,000,000 - 24,999,999) (Profit paid at maturity) 1.165
38. Term Deposit - 3 years (25,000,000 - 49,999,999) (Profit paid at maturity) 1.175
39. Term Deposit - 3 years (50,000,000 - 199,999,999) (Profit paid at maturity) 1.185
40. Term Deposit - 3 year (200,000,000 & above) (Profit paid at maturity) 1.210
41. Term Deposit - 5 years (Profit paid at maturity) 1.200
42. IFRE (Islamic Finance Renewable Energy) 0.390
43. ILTFF - 3 Years - Textile 0.690
44. ILTFF - 5 Years - Textile 0.490
45. ILTFF - 10 Years - Textile 0.390
46. ILTFF - 3 Years - Non Textile 0.890
47. ILTFF - 5 Years - Non Textile 0.690
48. ILTFF - 10 Years - Non Textile 0.590
49. ITERF 0.200
50. SBP – Salaries & Wages 0.190
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).