Guidelines for Islamic Modes of Finance, SBP

Delivery dated 1 signature full name s/o.d/o.w/o

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Unformatted text preview: Delivery dated__________ 1. Signature_________________________ Full Name________________________ S/o.D/o.W/o.______________________ Res.Address______________________ _________________________________ NIC No.__________________________ Designation_______________________ 2. Signature_________________________ Full Name________________________ S/o.D/o.W/o.______________________ Res.Address______________________ ________________________________ NIC No._________________________ Designation_______________________ Stamp ______________ SIGNED for and on behalf of the Lessor by:----------------------- Dated:_______________ file:///C|/Documents and Settings/Administrator/De.../Guidelines for Islamic Modes by SBP/leasing/4.htm (1 of 2) [2/23/2008 11:55:24 PM] 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 MODEL LEASE AGREEMENT Lease Document # 4 | Lease Agreement | Lease Agreement-1 | Lease Agreement-2 | | Lease Agreement-3 | Lease Agreement-4 | UNDERTAKING ____________________________ [Name & Address of the Lessor] ____________________________ Dear Sirs In consideration of your entering into the Lease Agreement dated ......................... ( Lease Agreement ), we hereby agree and undertake that if you desire to terminate this Lease on account of any of the grounds mentioned in the Lease Agreement during the currency of the Lease, we shall be obliged to purchase the Leased Assets at the Purchase Price mentioned below against the date immediately preceding the date of termination of the Lease ( Purchase Date ). In any such event, all our rights under the Lease Agreement and in the Leased Assets covered by this Lease Agreement shall forthwith terminate and, if we fail to pay the Purchase Price on or before the date specified by you, you shall have the right to take immediate possession of the Leased Assets and we shall immediately deliver to you the Leased Assets together with the registration certificate, permit or other documents pertaining thereto; Purchase Date Purchase Price Yours faithfully, file:///C|/Documents and Settings/Administrator/De.../Guidelines for Islamic Modes by SBP/leasing/5.htm (1 of 2) [2/23/2008 11:55:46 PM] 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...
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Delivery dated 1 Signature Full Name S/o.D/o.W/o...

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