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nuri.e
du.pk
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............................. Charity fund ............................................................
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å
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é
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6-1
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(Joint commercial enterprises)
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Financing System
Banking Rules
(Profit) (Services) Leasing
Ordinary Leagal device
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(mode of Financing)
(M od e o f
Financing)
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modes of Financing
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Bank & Islam
Capitalism
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(Mode of Financing)
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Profit and lose sharing
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(PRODUCTS)
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n
Economics
Charity
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n
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n
(Deffective
Transactions)
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n
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Products
(Islamic
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Windows)
Modes of Financing
Financing Modes
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Client
Agreement
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Clients
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(Capital)
(Security Deposit)
(Client)
(Juristic Person)
(Limited Liability)
(Agreement) Clientes
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Depositer
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P r o s p e c t u s
Policy Chart
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2006 3
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30
2003 14 2006 3 2006 3
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2006 3 2007 2
2007 2
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Project
Collateral
Procedural
Market Rate
2006 3
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(Islamic (Conventional Banking) Banking)
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(Riba Free Islamic Banking)
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(Over-Night Period)
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LIBOR
-
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(Legal Devices)
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Juristic person
(Transaction)
(Mudharabah & Musharakah)
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Joint trade Enterprise
(Diminishing Musharakah)
(Murabahah )
(Credit sale)
(Short Long term term)
Leasing
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(Salam & Istisna)
(Juristic Person)
(Limited Liabilities)
(Services)
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(mode of Financing)
(Corporate Law Authority)
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(Agent) (Share holders)
(Sleeping Partners)
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Limited Liabilities
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(Investor)
(Working Partner)
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(Loan &
Debt)
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(Prospectis)
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Unl im i ted Liabilities
Investor
Juristic Person
Present Assets
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-
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Limitation
-
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No doubt, the concept of 'limited liability' is beneficial
the share holders of the company. but at the same
time, it may be injurious to the creditors. If the
liabilities of a limited company exceed its assets, the
company becomes insolvent and is consequently
liquidated, the creditors may lose a considerable
amount of their claims, because they can only
receive the liquidated value of the assets of the
company, and have no recourse to its share-holders
for the rest of their claims, Even the directors of the
company who may be responsible for such an
unfortunate situation cannot be held responsible for
satisfying the claims of the creditors (1)
(1): An Introduction to islamic Finance.Page:.222 By Muhammad
Taqi Usmani. Maktaba Maariful Quran.
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.
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(Bill of Exchange)
-
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- - -
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Joint Stock Sceme
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Financing modes
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(Client)
(capital)
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Juristic Person
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-
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LIBOR
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(Profit and ! loss Sharing)
Secondry
, Pain Killer First Aid
First Aid
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Ordinary Legal Devices
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Working Partner
( U n - L i m i t e d ) Investor
Working Partner (Juristic Person) Investor
(Limited)
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"All funds deposited in the account to
be opened pursuant to this application.
and all transactions in relation theretro will
be governed by the Terms and Conditions
for Accounts and Services, Policies of
Meezan Bank Ltd. and all laws,
regulations,rules, decrees, by-laws,
applicable to Meezan Bank Ltd. including
regulations, directions and circulars,
issued by the State Bank of Pakistan and
all amendments that may be made from
time to time to all or any of the above.
I/We agree to provide any documents
requested by Meezan Bank Ltd....[etc.]
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Will my investment at Al-Meezan be
secure?
Al-Meezan is an investment bank
regulated by the rules of the State
[etc] bank of Paksitan.
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Modes of Financing
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Uncertainty of Transaction
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21. CHARGES AND EXPENSES
21.1 The Bank may, without any further
express authorization from the Customer,
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debit any account of the Customer
maintained with the Band for:
(i) All expenses , fees, commissions,
taxes, duties or other Charges and losses
incurred, suffered or sustained by the
Bank in connection with the
opening/operation/ maintenance of the
Account and/or providing the services
and/or for any other banking service wich
the Bank may extend to the Customer.
(ii) The amount of any or all
losses,claims, damages,costs, charges,
expenses or other amounts which the
Bank may suffer, sustain or incur as a
consequence of acting upon the
Instructions.
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(Daily Product Basis)
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Current Account
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Weightage
(Weightage)
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Weightage
Weightage
Value
-
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Project
Collateral
Procedural
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Transaction Value of Diminishing Musharakah
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Murabahah and Ijarah As A Financing mode
Mode of Financing
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-
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(Legal devices)
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-
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(Bill of
Exchange)
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(Risk and Possission)
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Agent
Sale by Action Bargaining
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(Counter Parties)
-
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Murabhah Shariah, and it's Risks in banking Murabahah
A d v a n c e
Agreement
"Appendix BN to Master Murabaha
Agreement
To Meezan bank
Dear Sirs,
.... we request you to acquire the assete...
under the following terms and conditions:
i We shall imediataly acquire the assets
from you...failing which we undertake to
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compensate you for any actual loss
suffered ...[etc.]
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Saler Buyer (Agent)
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Offer & Acceptance
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Commodity Lessee
Lease
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Sale
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Charity
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Operational modes
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(Lessar)
(Lessee)
-
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Commodity (Lessee)
(Lessar)
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Defective
(Trustee)
-
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(financial Lease)
(Owner/Leaser)
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Leasing
-
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Rent
Mark-up
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Charity fund
Agreement
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Undertaking of Charity
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(Promisor)
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(Promisee)
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Penalty ( C h a r i t y )
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Fees Default Policy
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(Pledge)
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(Loan)
(Deferring)
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(Secondary Bases)
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Modes of Financing
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(Operational Mode of financing)
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(Stock Exchange)
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(Charity) Penalty
(Mark-up)
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(Rent)
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Challenge
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(Over-night Period)
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(Trade & Financing)
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30 3
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First Aid
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Products
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Banking system
Challenge
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Prospectus
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General Knowledge
Direct
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Language of Banking System)
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Information Reciption
Governer State bank of Pakistan
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Surgery
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Books Author Publisher
An Introduction to
Islamic Finance.
Justice Muhammad
Tiqi Usmani
Idardtul-Ma,arif
Islamic banking Dr. Imran Ashrfaf Usmani Meezan Bank
Let's Learn Islamic banking Bank al .Islami
www.meezan bank.com
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