ASKARI COMMERCIAL BANKAsset Side ProductsProduct Name

Mode Type of Product

Basis for Pricing

Tenors Target Customers

Murabaha Murabaha Corporate and SME

linked with KIBOR

Working Capital 1 month, Fixed Assets 1 month

Corporate, Commercial and SME

Diminishing Musharaka for Commercial Property

Diminishing Musharaka

Corporate, Commercial and SME

linked with KIBOR

1-20 Years

Corporate, Commercial and SME

Diminishing Musharaka for Plant and Machinery

Diminishing Musharaka

Corporate and SME

linked with KIBOR

1-7 Years

Corporate, Commercial and SME

Musharaka Musharaka Corporate negotiated Pre-agreed Profit Sharing Ratios different for tiered Profit Bands.

1-7 Years

Real Estate Developers, Industrialist etc.

Ijarah for Machinery and Equipment

Ijarah Corporate and SME

Floating rate linked with KIBOR

1-7 Years

Industrial units, CNG stations

Istisna/Parallel Istisna

Istisna/Parallel Istisna

Corporate and SME

KIBOR 1-7 Years

Construction projects, manufacturer of machinery ,etc

Salam/Parallel Salam

Salam/Parallel Salam

Corporate, SME, Agriculture and

KIBOR 1 month-1 year

Corporate, SME, Agriculture and

Consumer Consumer

Askari Ijara Bis Sayyarah

Ijarah Consumer Fixed rate for 3 to 5 years, initial period fixed upto 1 year, variable thereafter using KIBOR

3-5 years Individuals

Askari Home Musharaka

Diminishing Musharaka/Istisna

Consumer Fixed for initial 1 year, variable thereafter using KIBOR

1-20 years

  Individuals

Liability Side ProductsProduct Name

Mode Type of Product

Tenors Profit Calculation

Target Customers

Askari Halal Saving and Notice Account (AHSAN)

Mudaraba Saving NA Average Monthly

Business Enterprises and Individuals

Askari Halal Saving Account

Mudarabah Saving NA Profit will be payable on minimum monthly balance from 6th till last date of each month.

Business Enterprises and Individuals

Askari Islamic Current Account

Qard Current NA NA Business Enterprises

Askari Basis Banking Account

Qard Current NA NA Low income individuals

Ahsan Masrafi

Mudaraba Saving NA Daily Product Basis

Islamic Financial Institutions

Askari Halal US$ Saving Account

Mudarabah Saving NA Average Monthly

Business Enterprises, Individuals

Askari Halal Foreign Currency Aurrent Account

Qard Current NA NA Busines Enterprises, Individuals

Askari Islamic Investment Certificate (AIIC)

Mudaraba Term 3 month-5 years

Monthly Individuals, business enterprises, Government Entities

Askari Khas Islamic Deposit Account (AKIDA)

Mudaraba Term 3 month-5 years

Monthly Individuals, business enterprises, Government Entities

Askari Islamic Term Quality Deposit (AITQAD)

Mudaraba Term 3-7 years

Monthly Provident funds, Pensions Funds and Individuals

Askari Hala Certificate of Assan Monthly Mudaraba (AHCAMM)

Mudaraba Term 1 months-No limit

Average Monthly

Individuals

Askari Wakala tul Istismar

Wakala Term NA At maturity or as agreed with the client

Large size deposits

Special Musharaka Certificate

Musharaka Term 6 months

Average Monthly

Large size deposits

AHSAN MASRAFI Certificate of

Mudaraba Certificate of Investment (For IFIs)

One Week-1 year

Weekly, two weeks, Monthly

Islamic Financial Institutions(IFIs)

Islamic Investment

AHSAN MUNAFA ACCOUNT (Askari Halal Savings and Notice Munafa Account)

Mudarabah Saving(Daily Product Account)

N/A On Daily Product Basis

High net-worth individuals, corporate and government account, gratuity, provident and pension funds, etc