Agrani Bank – Islamic Investment

Agrani Bank Islamic Investment

Investment Activities:

Islami Banking Windows invest the money of the depositors in different shariah based areas in following modes:-

1. Buying-Selling:

A. Bai-Murabaha: A contract between a Buyer and Seller under which the seller sells certain specific goods permissible under Islami shariah and the Law of land to the Buyer at a cost plus agreed profit payable in cash or on any fixed future date in lump sum or by instalments. Profit disclosure is mandatory in this case.

B. Bai-Muazzal: Shariah based buying-selling system where deferred payment is agreed between buyer and seller is typically known as Bai-Muazzal.

C. Bai-Salam: Advance purchase system is used to buy/sell of unfinished goods. Delivery time is fixed and payment is made in advance.

D. Bai-Istisna: This is also a system of advance purchase mainly for manufacturing item where all the advance can be made in installment or in single disbursement.
2. Share System:

A. Mudaraba:: Mudaraba is a sharing system where one party deploys capital and the other uses labor. Profit is distributed according to agreed ratio and loss is borne by capital owner.

B. Musharaka: Musharaka is a contract of partnership between two or more parties in which all the partners contribute capital, participate in the management, share the profit in proportion to their capital or as per pre-agreed ratio and bear the loss, if any, in proportion to their capital/equity ratio.

3. Hire-Purchase System (Hire Purchase Under sherkatul Melk):

Hire Purchase Under Sherkatul Melk(HPSM) is a system where bank invests in Capital Machineries, Consumer Items, House building etc. as equity partner. Then the item is used by the client and rent is collected as equity share

Profit/Rent Rate of Investment Account:

Sl.	Investment Account	Rate of Profit/Rent
		(01-09-2018)
1	SME & MICRO CREDIT
	(A) Term Investment	0
	(B) Working Capital	0
	(C)  Women Entrepreneur Investment	9.00%
2	Industrial Investment(Term)
	(A) Medium & Large Industry	9.00%
	(B) Small Industry	9.00%
	(C) Agro Based Industry	9.00%
3	Industrial Investment(Working Capital)
	(A) Medium & Large Industry	9.00%
	(B) Small Industry	9.00%
	(C) Agro Based Industry	9.00%
4	Commercial Investment
	(A) Working Capital Investment(Trading)	9.00%
	(b) Others	9.00%
5	Foreign Exchange Investment(Export)	7.00%
6	Foreign Exchange Investment(Import)	9.00%
7	House Building Investment
	(a) Residential	9.00%
	(b) Commercial	9.00%
8	Others Investment
	(A) Transport/Car Investment	9.00%