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| ROYAL BANK OF SCOTLAND |
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| Product Name |
Mode |
Type of Product |
Basis for Pricing |
Tenors |
Target Customers |
| Islamic Home Finance |
Diminishing Musharaka |
Consumer Home Financing |
Return is rent based. Rate of Return is
benchmarked with KIBOR |
3-20 years |
Return is rent based. Rate of Return is benchmarked with KIBOR |
| Murabaha Working Capital Finance |
Murabaha |
Corporate / Commercial / SME |
Profit rate benchmarked with KIBOR |
2 weeks-1 year |
Corporate / Commercial / SME Clients |
| Islamic Medium & Long Term Financing Facility for Corporate & SME Customers |
Diminishing Musharaka |
Medium & Long Term Financing to Corporate and SME Customers |
Return is rent based. Rate of return is benchmarked against KIBOR |
1-7 years |
Return is rent based. Rate of return is benchmarked against KIBOR |
| Sight Letter of Credit and Usance Letter of Credit |
Murabaha |
Corporate / Commercial / SME |
Non funded:As per schedule of charges and discount if any from time to time. Funded: Profit rate benchmark with KIBOR. |
L/C:1 week, Acceptance:15 days-180 days |
Corporate / Commercial / SME Clients |
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| Product Name |
Mode |
Type of Product |
Tenors |
Profit Calculation |
Target Customers |
| Islamic Current Account |
Qard-e-Hasna |
Current |
No |
NA |
Individuals, Joint Account Holders (Local and Foreign), Companies, Corporate, Trusts, |
| Islamic Savings Account |
Hybrid of Mudarabah and Musharakah |
Saving |
No |
Profit will be calculated on P&L sharing basis on daily accruals. Weightages will be announced at the beginning of very month. |
Individuals, Joint Account Holders (Local and Foreign), Companies, Corporate, Trusts, |
| Islamic Term Deposit |
Hybrid of Mudarabah and Musharakah |
Tern |
1 month (Presently offering 1 month, but later will also offer 3 month/6 month/1 year/3 years etc) |
Profit will be calculated on P&L sharing basis on daily accruals. Weightages will be announced at the beginning of every month. |
Individuals, Joint Account Holders (Local and Foreign), Companies, Corporate, Trusts, |
| Islamic Home Finance Offset Saving Account |
Hybrid of Mudarabah and Musharakah |
Term |
3 months, 6months and 3 years |
Monthly |
Individuals, Joint Account Holders (Local and Foreign), Companies, Corporate, Trusts, |
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