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Guidelines for Islamic Modes of Finance, SBP

(2 all terms defined in the agreement bear the same

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Unformatted text preview: (2) All terms defined in the Agreement bear the same meanings herein. (3) The Client hereby requests you to purchase the Goods from the Suppliers as per the provisions of the Agreement as follows: (a) Goods as detailed in Musawamah Document # 3/2: (b) Value Date: ___________________ (4) Please make arrangements to pay the Cost Price to the account of _______________on the Value Date in immediately available funds. file:///C|/Documents and Settings/Administrator/D...elines for Islamic Modes by SBP/musawamah/3.1.htm (1 of 2) [2/23/2008 11:51:38 PM] State Bank of Pakistan - The Central Bank (5) All the terms and conditions of the Agreement shall form an integral part of this Requisition. Yours faithfully, For and on Behalf of the Client ______________________ Institution ’ s instructions No. _______________________ Date: _______________________ Dear Sir, You are hereby instructed to execute the aforesaid Purchase Requisition for and on our behalf in the manner, to the extent and for the Goods stipulated therein. For and on Behalf of _____________________ (Insert Institution ’ s name) © 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 http://www.sbp.org.pk/ file:///C|/Documents and Settings/Administrator/D...elines for Islamic Modes by SBP/musawamah/3.1.htm (2 of 2) [2/23/2008 11:51:38 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 Musawamah Facility Agreement (For Corporate Clients-local purchases) Musawamah Document # 3.2 | Musawamah Doc # 1 | Musawamah Doc # 2 | Musawamah Doc # 3.1 | | Musawamah Doc # 3.2 | Musawamah Doc # 4 | Musawamah Doc# 5 | | Musawamah Doc # 6 | Musawamah Doc # 7 | DETAILS OF GOODS TO BE PURCHASED (To be attached to Purchase Requisition) Name of Supplier: ________________________ Date: ____________ Address: __________________________________________________________________ Sr. No. Specifications of Goods Quantity Requisitioned Cost Quantity Received Cost © 2003 State Bank of Pakistan. All Rights Reserved. Disclaimer | Instructions State Bank of Pakistan I.I. Chundrigar Road, Karachi, Pakistan....
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