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571 other expenses 0004 0009 1250 total non mark up

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expenses 5.6 8.8 57.1 Other expenses 0.004 0.009 125.0 Total Non-Mark up /Return Expenses 5.7 8.8 56.6 Profit/(loss) after taxation 1.1 1.5 38.4 Table 8: Various performance indicators Jun 09 Sep 09 Change (percentage points) Earnings ROA After Tax 0.8% 0.7% -0.1 ROE After Tax 6.0% 5.4% -0.6 Net Markup Margin (NMM) 6.0% 5.7% -0.3 Intermediation Cost 4.9% 4.9% -- Assets Quality NPFs to Financing 5.0% 6.5% 1.5 Net NPFs to Net Financing 2.4% 3.0% 0.6 Earnings and Profitability Net Markup Income to Gross Income 82.0% 79.0% -3.0 Non-markup Income to Gross Income 18.0% 21.0% 3.0 Operating expense to Gross Income 65.1 67.2 2.1 Personnel Expense to Operating Expense 29.7% 29.1% -0.6
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July-September 2009 9 Dawood Islamic Bank 2 Overview of company Dawood Islamic Bank Limited (DIBL) was incorporated in Pakistan as a public limited company on August 29, 2005. The bank obtained “Scheduled Islamic Commercial Bank” license in 2007. The bank is principally engaged in commercial, consumer and investment activities. Branch network DIBL has 31 branches (as on September 30, 2009) in 12 cities of Pakistan. DIBL branch network growth is expected to rise to a figure of 50 by the end of 2009 in line with objective of State Bank of Pakistan, To enhance economic activities in rural areas, DIBL has launched Rural Business Centers (RBCs) program. Products/services range DIBL is offering wide range of Shariah compliant products & services on Asset & Liability sides. DIBL products range includes, working capital finance through Murabaha for importers and exporters, Shariah compliant substitute for conventional foreign and local bills discounting. Running Finance Musharakah (based on Shirkat-ul-Aqd) is offered as substitute for conventional banking running finance facility. Services Ijarah is used to finance services based trade & industries. DIBL is using Consumer Car Ijarah as Shariah compliant substitute for conventional auto finance and Diminishing Musharakah Housing Finance as Shariah compliant substitute for conventional mortgaged financing. The bank also presents a variety of deposit schemes such as (a) Current accounts ,(b) Saving accounts based on Mudarbah, (c) Term Deposit Receipts for different maturities based on Islamic mode and (d) Investment Banking services for structuring and transaction documentation for syndicated financing and Investment Sukuk, etc. 2 Information provided by: Dawood Islamic Bank Limited. For further information visit http://www.dawoodislamic.com Table: Bank’s Performance at a Glance (Rs in Million) % of Islamic Banking Industry Deposits 7,370 3.0 Financing 4,664 3.5 Total Assets 13,776 4.3 Branch Network 31 5.6 Position as of September 30, 2009 Bank in Focus
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July-September 2009 10 Q. No.20: What is Mudarbah? Answer: A form of partnership where one party provides the funds while the other party
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571 Other expenses 0004 0009 1250 Total Non Mark up Return

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