Guidelines for Islamic Modes of Finance, SBP

In the name of allah the merciful the compassionate

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In the Name of Allah, the Merciful, the Compassionate Model Musawamah Facility Agreement (For Corporate Clients-local purchases) Musawamah Document # 4 | 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 | R E C E I P T Received with thanks from _____________________________________________branch, a sum of Rs. ____________________(Rupees _____________________________only) for the purchase of goods in respect of which a Quotation dated _____________________has been issued by M/s. ________________________________________________________ In the event of failure on the part of the Supplier to supply the said goods within the period specified in the Purchase Requisition, I/We undertake and agree to refund/reimburse ______________the full amount of Rs. _____________ and all cost and consequences under and in terms of the Agency Agreement. For and on behalf of [Insert name of the Agent) ______________________ Authorized Signatory Date: _________________ file:///C|/Documents and Settings/Administrator/D...idelines for Islamic Modes by SBP/musawamah/4.htm (1 of 2) [2/23/2008 11:52:09 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 Model Musawamah Facility Agreement (For Corporate Clients-local purchases) Musawamah Document # 5 | 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 | DECLARATION (Part-I) CONFIRMATION OF GOODS PURCHASED Date: ______________ Messrs. ________________ _______________________ With reference to the Agency Agreement dated _________ and the Institution s instructions contained in Musawamah Document # 3/1, we hereby declare and certify that acting as your Agent, we have used the sum of Rs. ______________ paid by your good selves to M/s _________________________________________ and purchased on your behalf the Goods as detailed in Musawamah Document # 3/2). A sum of Rs.________________ has been incurred for the purchase of the Goods, which are in my/our possession at the following address: ____________________________________________________________________. Copies of bill/cash memo/invoice issued in your name by M/s. _______________________ are attached. For and on behalf of [insert Agent s name] ________________________ AUTHORISED SIGNATORY (Part-II) file:///C|/Documents and Settings/Administrator/D...idelines for Islamic Modes by SBP/musawamah/5.htm (1 of 2) [2/23/2008 11:52:18 PM]
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State Bank of Pakistan - The Central Bank OFFER TO PURCHASE I/We offer to purchase the above Goods from you for a Contract Price of Rs._______ (Rupees ____________________________________________only). I/We undertake to pay the Contract Price referred to above in lump sum on , or in _______ installments, if agreed by the Institution, as per the attached schedule (Musawamah Document # 6).
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