Vision Statement

To be the leading financial services provider, partnering with our customers for a
more prosperous and secure future.

Mission Statement
We are a team of committed professionals, providing innovative and efficient
financial solutions to create and nurture long-term relationships with our
customers. In doing so, we ensure that our shareholders can invest with
confidence in us.
 Islamic banking
INTRODUCTION
Islamic Banking Division was formed with effect from 1st January 2003, which in
a short span of time, has developed sufficient expertise, necessary infrastructure,
information technology, and manpower to run Islamic Banking Operations and
offer Islamic Banking Products.

Mission Statement
To play a dynamic role in promotion of Islamic Banking and win customers trust
by providing sharia compliant financial services.

Vision Statement
To become a leader among Islamic Banks of the country in the coming years
capturing major share of the domestic Islamic financial market.

Shariah Advisor
Dr. Muhammad Zubair Usmani, working as Sharia Advisor in our bank since July
2000 is a prominent scholar having Ph.D. degree in Islamic Finance as well as Fazil
Takhassus from Jamia Darul Uloom Karachi, (i.e. specialist of Islamic Fiqh and
Fatawa).

He has attended and addressed several international and local seminars /

conferences as guest speaker in Pakistan as well as abroad.

He has also worked as Research Scholar and member of various forums and
committees formed for promoting the cause of Islamic Banking in Pakistan and
abroad.
All products are approved by our Sharia Advisor Dr. Muhammad Zubair Usmani
and these are further approved and vetted by Dar ul Ifta, Jamia Dar ul Uloom
Korangi Karachi.

Majority of the products are signed by Maulana Muhammad Taqi Usmani.

Legal Advisor
M/s Mohsin Tayebaly & Co., Advocates & Legal Consultants, has vetted all
documentation. The Co. for this purpose not only have expertise in legal and
corporate affairs but also have competent lawyers possessing knowledge of
Sharia

DEPOSIT SCHEMES

Al-Makhraj Saving Account

The minimum deposit requirement for Al-Makhraj Saving Account is only Rs.
5000 and profits can be earned 6-monthly. Other features associated with this
product are as follows:

1 Minimum Initial Deposit: Rs. 5000

2 Islamic Tools used in designing the product: Mudaraba/ Musharaka

3 Product to be availed by: Individuals & Joint Account Holders (Local) Companies,
Corporate, Trusts, etc

4 Special Advantages:

a For Customer = Bi-Annual Profit Payment; Withdrawal Facility

b Shariah = Meets requirements for Shariah Compliance

5 Additional Features:

a Personalized Cheque books

b Withdrawal Facility from ATM/ Debit Card

c Online deposit as per bank's policy

d Virtual Banking

e Call Centers Facilities

f 6-monthly profit payment on the basis of monthly declared rates

g Issuance of duplicate statement of account (as per SOBC)

h Free bank balance certificates (once in 6 months)

i Taking stop payment/ hold mail/ standing instructions

j No penalty if balance falls below minimum level.

k Personal financial consultancy services (regarding Shariah Compliant products)

l Utility bill payment via ATM card

m Choice of statement frequency (as per Schedule of Charges)

6 Weightages: Weightages are made according to tiers (Volume-wise and Time

wise)

7 Communication Process: Announcement on notice boards, and website

8 Banking Network: IBD's Branch only

9 Profit payment options, 6 monthly

IANAT Account
For customers who are looking for a chequing account that gives them the ease of
doing unrestricted number of transactions, we offer Al-Makhraj Ianat Account.
With a minimum of only Rs. 10,000, Ianat Account may be opened. With all the
features and facilities that this product offers, it is highly recommended for
management of business funds.

Details of the product are as follows:

1 Minimum Initial Deposit: Rs. 10,000

2 Product to be availed by: Individuals & Joint Account Holders (Local),

Companies, Corporate, Trusts, etc

3 Additional Features:

a Personalized Cheque books

b Withdrawal Facility from ATM/ Debit Card

c Online deposit as per bank's policy

d Debit card; Utilities payment via ATM card

e Virtual Banking

f Call center facilities

g Free bank balance certificates (once in 6 months)

h Taking stop payment/ hold mail/ standing instructions

i Issuance of duplicate statement of account (as per Schedule of Charges)

j Choice of statement frequency (as per Schedule of Charges)

k No penalty if balance falls below minimum level.

4 Banking Network: IBD's Branch only