‘Table-2: Distributable Profit for the year 2004 Framework of Rate of Return (In Crore Taka) Particulars ‘Amount Ratio of Mudaraba Deposils and Coat Free Fund (including Bank's Equiy) to Total Investment as per Tabie-1 87.75% 12.25% Gross Investment income 96.00 Share of Cost Free Fund and Bank's Equity of Gross Investment income as per Serial no. 1 1176 Share of Mudaraba Deposits of Gross investment Income as per rato at sera! no. 1 2424 Less: |@) Management Fee ( say 20% of serial no. 4) 16.848 lb) investment Loss OftSetting Reserve (say 15% of serial no 4) 12.636 [Sub Total (Sa+5b) = { (20% +15% ) = 38% of serial no. 4) 29.484 {Total Distributable Profit to Mudaraba Depositors ( carried over to 54756 Table 3 ) (4-8) (ie. say 65% of serial no. 4.) ryFramework of Rate of Return ble-2: Allocation of Distributable Profit to Mudaraba Depositors and the Rate of Return for year 2004 Distributable Profit (Crore Taka)= 54.756 (From Table-2, serial no 6) (Figure In Crore) ‘NO! Deposit Type [Total Yearly] Weightage|Weighted| Share of | Rate of Return Product Product [Distributable Profit 7 z a a = 6 7 IMudarave Haij Savings 2) |Above 10 Years Term 5.00] 1.35 6.75} 0.835152393| 10.70% IMudoraba Special Savings(Pension |Scheme (MSS) a)_|10 Years Term 30.00] 13 39] .091991602| 10.31% IMudarabe Savings Bond a) |e Years Term 10.00] 1.25 125] 0.991022040 9.1% 1») {5 Years Term 500] 1.4 55] 0.436050098| 3.72% ¢)_ {Sup Tota 15.00 49] 4427073087 9.51% IMudarata Term Deposit 2)_|36 Months Term 10000] 1 100] 7228183595} 7.99% 2») [24 montns Term 70.00] 098 68.5] 5438733046] rr )_|12 Months Term 90.00] 096 a6 4) 6 eaa9s0629 761%| 4) [6 Montns Term 100.00] 0.92 2| 7.293928909 7.29% 2) [Months Term 20.00] og 70.4] 5.s01441251 6.98% [Sub Total 440,00 447.4] 33.09223833, 152% Iudaraba Savings Deposit 250.00] 0.75 187 5] 14,50534424 5.95% Mudarabe SND 40.00] 055 22|1.744200301 4.36% [Grand Total (1a+2asderatG-6+7) 780.00 es0es| 54.756 Nove: 1 Weighted Product = Total Yearly Product (Gol) x Weightage (Col. 4) 2 Share of Distributable Profit = Total Distributable Proft x Individual Weighted Product Grand Total of Weighted Product (Col. 5 of SI. No. 7) 3 Rate of Return = Share of Distibutable Prof of Indivdval Mudaraba Deposit (Col 6) x 100 Total Yearly Product of individual Mudaraba Deposits (Col, 3) 5Framework of Rate of Return Compliance Requirement Islamic bank amch . Islamic branches of the conventional banks will preserve the records of calculation of rate of retum for distributing the profit to Mudaraba depositors to facilitate examination by Bangladesh Bank, Statutory Auditors, Shariah Supervisory Committee, if any, ete. form time to time ‘The relevant authority of the Islamie bank of all categories shall endorse such records The Islamic banks should also publish a framework of rate of return approved by the Board of Directors from their own perspective in the light of Bangladesh Bank guideline. This framework of rate of return should be available to all the officials of the relevant department and a copy of the same to be forwarded to Bangladesh Bank for information and necessary action. Any subsequent change, modification or alternation of framework of rate of return duly approved by the Board of Directors of the respective bank should immediately be informed to Bangladesh Bank. 16ua a BAPOTT AACS T= yompoig Aywe, 1eOL (238 ofy esuadsng uoyesuadwog nuey Ayo ujsanu| BuipueIsing [eIO] = jaUASaAuy BuIpUE)SINO ory aui0aU PaLIESUN ‘DIY aiqenieday pi01d Jo S0UE|eR /p319) ‘puny Bun] -edionved % % yee) so one ‘nai ‘auee,| e104 poral] ‘Auwow ‘e104 220] 7ON Bay] Tr] unr] Fev cr eH co) ver] era é 5 z r pakoideg] ‘SRIBSOR BuneG usa] sca] Feu] TH puna) sisodag] Aypmbn| vera] _aNs wiwerw]_sw| wi] Ww] ssw] pn) yueunsonuy aaisisog] wien] 821] sisodeg eqerepnvi Supueysing} muon o (eye puesnous ut) r TED WoldAnnexure-2 Distributable Profit for the year 200 (in Thousnad Taka) Particulars ‘Amount [Rato of Mudaraba Deposits and Gost Free Fund (including Banks [Equity to Total Investment as per Annexure-1 Gross Investment Income roe900000K [Share of Cost Free Fund and Bank's Equity of Gross Investment income as per Serial no. 1 reo09001006 [Share of Mudaraba Deposits of Gross Investment Income as per ratio at serial no. 1 roond00ee Tess: a) Management Fee ( say 20% of serial no. 4 (200000) b) Investment Loss Off-Setting Reserve ( say 18% of serial no.4) (20901008) [Sub Total (5a+5b) = (20%+15% = 35% of serial no. 4) 00004 {Total Distributable Profit to Mudaraba Depositors ( carried over to 2009000008 [Table -3 (4-5) (0. 65% of serial no. 4) 78Profit Calculation Format-3 Annexure-3 alk i {for vear 200 (Cistributable Profit Tk. carried over form Annex.-2) (in Thousand Taka) [SLNO! Deposit Type Total Yearly] Weighted] Share of | Rate of Product Product |Distributable) Return Profit i z zl a 3 a 7 7 |Maderaba Hay Savings a) Above 10 Years Term ») [Upto 10 Years Term @)_|Sub Total 2 |Mudaraba Special Savings(Pension [Scheme (MSS) a) |10 Years Term >) |S Years Term )_|[Sub Total 3 |Mudaraba Muhar Savings Scheme a) |10 Years Term 0) [8 Years Texm ©) {suv Tota! 4 |Mudaraba Savings Bond a) |B Years Term ») | Years Term @)_|Sub Tota! 5_|MMPOS 6 _|Mudarata Term Depost 2) [36 Montns Term ») [24 Months Term ) [12 Months Tex 6) 6 Months Term @) {3 Months Term )_|Sub Total 7 [Mucarabe Savings Depost __|Mudaraba SND @ |Grand Total (TorBo+SeeaorSeGr +748) Note: 1 Weighted Product = Total Yearly Product (Col.3) x Weightage (Col. 4) 2 Share of Distributable Profit = Total Distributable Profit x Individual Weighted Product Grand Total of Weighted Product (Col. 5 of SI. No.9) 3. Rate of Return = Share of Distributable Profit of Individual Mudaraba Depasit (Col 6) x 100 Total Yearly Product of Individual Mudaraba Deposits (Col. 3) 78