Guidelines for Islamic Modes of Finance, SBP

Essentials and model agreements for islamic modes of

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Essentials and Model Agreements for Islamic Modes of Financing BACK Essentials of Islamic Modes of Financing Murabaha Facility Agreement Musawamah Facility Agreement Lease Agreement Salam Agreement Musharaka Investment Agreement Istisna Agreement Agreement for Interest free Loan Mudaraba Financing Agreement Syndication Mudaraba Agreement In the Name of Allah, the Merciful, the Compassionate MUSHARAKA INVESTMENT AGREEMENT (For Incorporated Companies) Annexure-I | Musharaka Investment Agreement | Musharaka Investment Agreement-1 | | Musharaka Investment Agreement-2 | BASIS OF PROVISIONAL PAYMENT TO THE INSTITUTION<> (All Figures are Illustrative) Agreed Ratio For Profit Sharing Rupees A) Client s investment 70% Rs. 100 B) Institution s investment 30% Rs. 100 C) Total Investment (A+B) Rs. 200 D) Agreed Projected Rate of Return on Total Investment 60% E) Projected amount of Profit on total investment Rs. 120 F) Allocation of Projected Profit in mutually agreed profit sharing Ratio of: Client 70% Rs. 84 Institution 30% Rs. 36 Rs. 120 G) Quarterly provisional payment of projected Profit 36/4 = Rs. 9 per quarter H) Allocation of actual net profit of Rs. 160 on year end: Client Rs. 112 Institution Rs. 48 Rs. 160 I) Therefore, final net payment to the Institution will be Rs. 12 (Rs. 48 - Rs. 36) and Settings/Administrator/D...idelines for Islamic Modes by SBP/musharaka/2.htm (1 of 2) [2/23/2008 11:57:24 PM]
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State Bank of Pakistan - The Central Bank <> Based on the projected rate of Return stipulated in Clause 4(vi) © 2003 State Bank of Pakistan. All Rights Reserved. Disclaimer | Instructions State Bank of Pakistan I.I. Chundrigar Road, Karachi, Pakistan. Phone: (+9221-24450298, Fax: (+9221) 9212440 and Settings/Administrator/D...idelines for Islamic Modes by SBP/musharaka/2.htm (2 of 2) [2/23/2008 11:57:24 PM]
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State Bank of Pakistan - The Central Bank Home Jobs & Careers Site Map Feedback Contact Us Help Desks Press Release April 15, 2005 State Bank s Shariah Board Approves Essentials and Model Agreements for Islamic Modes of Financing BACK Essentials of Islamic Modes of Financing Murabaha Facility Agreement Musawamah Facility Agreement Lease Agreement Salam Agreement Musharaka Investment Agreement Istisna Agreement Agreement for Interest free Loan Mudaraba Financing Agreement Syndication Mudaraba Agreement In the Name of Allah, the Merciful, the Compassionate MUSHARAKA INVESTMENT AGREEMENT (For Incorporated Companies) Annexure-2 | Musharaka Investment Agreement | Musharaka Investment Agreement-1 | | Musharaka Investment Agreement-2 | PARAMETERS AGREED I) Ratio of sharing of Profit (Ratios indicative only) Institution 18% Client 70% Other PLS Funds 12% II) Other Conditions, if any (For example, relating to valuation of inventories, depreciation policies, agreed level or quantum of admissible costs etc.) © 2003 State Bank of Pakistan. All Rights Reserved.
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  • Fall '11
  • GARYMILLER
  • Finance, Institution, state bank, Islamic modes

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