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Meezan Bank: Weightages Mudarabah Based Deposits for the Month of October 2020

IM Insights
By IM Insights
1 month ago
Meezan Bank: Weightages Mudarabah Based Deposits for the Month of October 2020

Sukuk, Mudarabah Certificate

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  1. WEIGHTAGES MUDARABAH BASED DEPOSITS FOR THE MONTH OF OCT 2020 PROFIT SHARING RATIO (PSR) DEPOSIT POOL(S) 1. PKR DEPOSITS 2. US DOLLAR DEPOSITS 3. BRITAIN POUND DEPOSITS 4. EURO DEPOSITS BANK /MUDARIB BANK (MUDARIB) SHARE CUSTOMER (RAB-UL-MAAL) SHARE BANK (MUDARIB) SHARE CUSTOMER (RAB-UL-MAAL) SHARE BANK (MUDARIB) SHARE CUSTOMER (RAB-UL-MAAL) SHARE BANK (MUDARIB) SHARE CUSTOMER (RAB-UL-MAAL) SHARE Aug 2020 50% 50% 75% 25% 90% 10% 90% 10% Sep 2020 50% 50% 75% 25% 90% 10% 90% 10% Oct 2020 50% 50% 75% 25% 90% 10% 90% 10% Profit Distribution Periods / Tier Groups Aug 2020 Sep 2020 Oct 2020 Monthly Monthly Monthly Monthly Monthly Monthly Monthly Monthly 0.31 0.31 0.31 0.31 0.31 0.31 0.34 0.34 0.32 0.32 0.32 0.32 0.32 0.32 0.35 0.35 0.32 0.32 0.32 0.32 0.32 0.32 0.34 0.34 3 Years (Quarterly) - Textile Sector 3 Years (Quarterly) - Non-Textile Sector 5 Years (Quarterly) - Textile Sector 5 Years (Quarterly) - Non-Textile Sector 10 Years (Quarterly) - Textile Sector 10 Years (Quarterly) - Non-Textile Sector Quarterly 0.40 0.40 0.28 0.28 0.23 0.23 0.11 0.40 0.40 0.29 0.29 0.23 0.23 0.12 0.40 0.50 0.29 0.40 0.23 0.33 0.11 IFRE-Category I IFRE-Category II IFRE-Category III 0.34 0.23 0.34 0.35 0.23 0.35 0.34 0.23 0.34 WEIGHTAGES PRODUCTS Rupee Saving Account (SA) Meezan Roshan Digital Account (PKR)-NRP Smart Remittance Wallet Meezan Express Saving Account (MEX) Meezan Asaan Saving Account Labbaik Saving Aasaan Meezan Kids Club Account Meezan Teens Club Account Islamic Long Term Financing Facility (ILTFF) Islamic Temporary Economic Refinance Facility (ITERF) Islamic Financing Facility for Renewable Energy (IFRE) Islamic Refinance Scheme for Payment of Wages & Salaries Active Tax Payer SME Clients (Quarterly) 0.02 0.02 0.02 Non-active Tax Payer SME Clients (Quarterly) 0.11 0.12 0.11 Active Tax Payer Corporate & commercial clients (Quarterly) 0.02 0.02 0.02 0.23 0.23 0.23 Non-active Tax Payer Corporate & commercial clients (Quarterly) MORA Saving Account (MORA-SA) - MORA (SA)-Category I MORA (SA)-Category II MORA (SA)-Category III - - Monthly Monthly Quarterly Monthly 0.02 0.02 0.02 0.48 0.02 0.02 0.02 0.48 0.02 0.02 0.02 0.48 Re.1 - 499.99 K 500 K & Above 0.31 0.34 0.32 0.35 0.32 0.34 Re.1 - 9.99 M 10 M - 49.99 M 50 M - 199.99 M 200 M - 499.99 M 500 M - 999.99 M 1 B - 1.99 B 2B - 4.99 B 5B & Above 0.31 0.34 0.35 0.36 0.40 0.45 0.59 0.59 0.32 0.35 0.35 0.36 0.40 0.46 0.60 0.60 0.32 0.34 0.35 0.36 0.40 0.46 0.60 0.60 Monthly 0.62 0.63 0.63 Karobari Munafa Account CLUBBED (KMA CLUBBED) Re.1 - 499.99 M 500 M - 999.99 M 1 B - 1.99 B 2 B - 3.499 B 3.5 B - 4.99 B 5 B & Above 0.42 0.48 0.62 0.62 0.62 0.62 0.43 0.49 0.63 0.63 0.63 0.63 0.43 0.49 0.63 0.63 0.63 0.63 Meezan Islamic Institutions Deposit Account (MIIDA) Re.1 - 199.99 M 200 M - 499.9 M 500 M - 999.99 M 1 B - 1.99 B 2 B - 2.99 B 3 B & Above 0.28 0.28 0.28 0.28 0.28 0.28 0.29 0.29 0.29 0.29 0.29 0.29 0.29 0.29 0.29 0.29 0.29 0.29 Meezan Islamic Institutions Deposit Account (MIIDA NBFI) Re.1 - 199.99 M 200 M - 499.9 M 500 M - 999.99 M 1 B - 1.99 B 2 B - 2.99 B 3 B & Above 0.28 0.28 0.28 0.28 0.28 0.28 0.29 0.29 0.29 0.29 0.29 0.29 0.29 0.29 0.29 0.29 0.29 0.29 Monthly Mudarbah Certificate (MMC) (MMC Plus, Special MMC for Individuals & Corporate have now been merged into MMC) 50K - 0.99M 1M- 9.99M 10M - 49.99M 50M - 99.99M 100M - 499.99 500M - 999.99M 1B & Above 0.45 0.48 0.51 0.54 0.62 0.62 0.57 0.46 0.49 0.52 0.55 0.63 0.63 0.58 0.46 0.49 0.52 0.55 0.63 0.63 0.57 Meezan Business Plus Margin Account Islamic Refinance Facility for Combating COVID – 19 (IRFCC) Meezan Kafalah Meezan Bachat Account (MBA) Karobari Munafa Account (KMA) (KMA Plus has now been merged into KMA) Karobari Munafa Account- PES Page 1 of 2
  2. WEIGHTAGES MUDARABAH BASED DEPOSITS FOR THE MONTH OF OCT 2020 PRODUCTS Profit Distribution Periods / Tier Groups Aug 2020 Sep 2020 Oct 2020 COII 3 Months (Maturity) (COII Plus 3 months, Special COII 3 months for Individuals & Corporate have now been merged into COII 3 Months Maturity) 50K - 0.99M 1M- 9.99M 10M - 49.99M 50M - 99.99M 100M - 499.99 500M - 999.99M 1B - 4.99B 5B & Above 0.51 0.51 0.51 0.51 0.61 0.61 0.54 0.54 0.52 0.52 0.52 0.52 0.63 0.63 0.55 0.55 0.52 0.52 0.52 0.52 0.63 0.63 0.55 0.55 COII 6 Months (Maturity) (COII Plus 6 months, Special COII 6 months for Individuals & Corporate have now been merged into COII 6 Months Maturity) 50K - 0.99M 1M- 9.99M 10M - 49.99M 50M - 99.99M 100M - 499.99 500M - 999.99M 1B & Above 0.51 0.51 0.51 0.51 0.62 0.62 0.54 0.52 0.52 0.52 0.52 0.63 0.63 0.55 0.52 0.52 0.52 0.52 0.63 0.63 0.55 COII 1 Year (Monthly) (COII Plus 1 Year Monthly have now been merged into COII 1 Year Monthly) 50K - 0.99M 1M- 9.99M 10M - 49.99M 50M - 99.99M 100M - 499.99 500M - 999.99M 1B & Above 0.59 0.59 0.59 0.59 0.59 0.57 0.57 0.60 0.60 0.60 0.60 0.60 0.58 0.58 0.60 0.60 0.60 0.60 0.60 0.57 0.57 COII 1 Year* (Quarterly) (COII Plus 1 Year Quarterly have now been merged into COII 1 Year Quarterly) 50K - 0.99M 1M- 9.99M 10M - 49.99M 50M - 99.99M 100M - 499.99 500M - 999.99M 1B & Above 0.50 0.54 0.57 0.59 0.59 0.59 0.59 0.51 0.55 0.58 0.60 0.60 0.60 0.60 0.51 0.55 0.58 0.60 0.60 0.60 0.60 COII 1 Year (Maturity) (COII Plus 1 Year Maturity, Special COII 12 months for Individuals & Corporate have now been merged into COII 1 Year Maturity) 50K - 0.99M 1M- 9.99M 10M - 49.99M 50M - 99.99M 100M - 499.99 500M - 999.99M 1B - 4.99B 5B & Above 0.57 0.57 0.60 0.63 0.63 0.63 0.54 0.79 0.58 0.58 0.61 0.64 0.65 0.65 0.55 0.81 0.61 0.61 0.61 0.64 0.64 0.64 0.55 0.80 50K & Above 0.71 0.72 0.72 Monthly 0.68 0.68 0.68 0.69 0.69 0.69 0.69 0.69 0.69 0.68 0.68 0.68 0.69 0.69 0.69 0.69 0.69 0.69 COII 1.5 Years* (Monthly) COII 2 Years COII 2 Years* COII 2 Years Quarterly Maturity COII 3 Years COII 3 Years* COII 3 Years Quarterly Maturity COII 5 Years COII 5 Years* COII 5 Years Quarterly Maturity 0.68 0.68 0.68 0.69 0.69 0.69 0.69 0.69 0.69 5.5 Yrs 5.5 Yrs - Senior 7 Yrs 7 Yrs - Senior 0.76 0.88 0.79 0.91 0.78 0.89 0.81 0.92 0.78 0.89 0.80 0.92 COII - IFI 1 month 3 months 6 months 12 months 0.31 0.31 0.31 0.31 0.32 0.32 0.32 0.32 0.32 0.32 0.32 0.32 Meezan Bank Limited Additional Tier I - Sukuk Meezan Bank Limited Tier II - Sukuk (First Tranche) Meezan Bank Limited Tier II - Sukuk (Second Tranche) Monthly Six Monthly Six Monthly 0.96 1.59 0.92 1.01 0.88 0.94 1.04 0.89 0.95 Monthly Monthly 0.45 0.45 0.45 0.45 0.45 0.45 Meezan Aamdan Certificate (MAC) US Dollar Saving Account Meezan Roshan Digital Account (US Dollar)-NRP Meezan Roshan Digital Account (US Dollar) For resident Pakistanis US Dollar Mudarabah Certificate (DMC) $. 10 K - 49.9 K ( Minimum Investment $10,000/- ) US Dollar Mudarabah Certificate (DMC) $. 50 K & Above ( Minimum Investment $50,000/- ) Monthly Monthly - Monthly COII 3 Months - Maturity COII 6 Months - Maturity COII 1 Year - Six Monthly COII 1 Year - Maturity COII 3 Years - Six Monthly COII 3 Years - Maturity COII 3 Months - Maturity COII 6 Months - Maturity COII 1 Year - Six Monthly COII 1 Year - Maturity COII 3 Years - Six Monthly COII 3 Years - Maturity Pound Saving Account Monthly Meezan Roshan Digital Account (GBP)-NRP Monthly Euro Saving Account Monthly Meezan Roshan Digital Account (EURO)-NRP Monthly NOTE: *COII 1 Year, 2 Years, 3 Years & 5 Years with Quarterly profit payment & 1.5 Years Monthly option stand discontinued for fresh deposits Page 2 of 2 0.77 0.84 1.19 1.23 1.26 1.30 0.87 0.91 1.26 1.30 1.33 1.35 0.27 0.27 - - 0.45 0.77 0.84 1.19 1.23 1.26 1.30 0.87 0.91 1.26 1.30 1.33 1.35 0.77 0.84 1.19 1.23 1.26 1.30 0.87 0.91 1.26 1.30 1.33 1.35 0.27 0.27 0.27 0.27 0.27 0.27 0.27 0.27