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| BANK ALFALAH LIMITED |
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| Product Name |
Mode |
Type of Product |
Basis for Pricing |
Tenors |
Target Customers |
| Alfalah Murabaha Finance (Local, Import and Export) |
Murabaha |
Corporate, SME |
Pricing is linked with Kibor for the facility but for a particular deal it remains fixed |
As per terms of Sanction |
Small & Medium Enterprises, Commercial and Corporate entities |
| Alfalah Murabaha Finance (Import ) |
Murabaha |
Corporate |
Pricing is linked with Kibor for the facility but for a particular deal it remains fixed |
As per terms of Sanction |
Small & Medium Enterprises, Commercial and Corporate entities |
| Alfalah Murabaha Finance (Export) |
Murabaha |
Corporate, SME |
Murabaha |
As per terms of Sanction |
Small & Medium Enterprises, Commercial and Corporate entities |
| Alfalah Car Ijarah |
Ijara Muntahee Bttamleek |
Consumer |
§ Profit Rate remains fixed through out the tenor § Currently, profit rates range from 14.5 % to 17.0 %; depending on brand of vehicle & tenor of lease |
3 - 5 Years |
Individuals |
| Ijarah Finance |
- |
Corporate |
As per terms of sanction. |
3 - 7 Years |
Small & Medium Enterprises, Commercial and Corporate entities |
| Alfalah Musharaka Homes |
Diminishing Musharakah |
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Year One: Currently, pricing is fixed for 1st year as under a) Salaried Individuals: 12.5 % b) Businessmen: 13.5 % For subsequent years, it is linked with Kibor |
3 - 20 Years |
Mortgage of Property being purchased. Personal Guarantee of applicant. Minimum equity participation of 20 % or As per Bank‟s credit policy |
| Alfalah Salam Finance |
Salam |
Commodity Financing |
As per Terms of Sanction |
As per Terms of Sanction |
SME, Commercial and Corporate entities |
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| Product Name |
Mode |
Type of Product |
Tenors |
Profit Calculation |
Target Customers |
| Riba Free Saving Account |
Mudaraba |
Saving |
NA
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Saving |
Individuals, businessmen, housewives, retirees, sole proprieters, associations, public ltd companies, semi-govt. and autonomous bodies |
| Riba Free Current Account |
Qard | Current |
NA |
- |
Individuals, businessmen, housewives, retirees, sole proprieters, associations, public ltd companies, semi-govt. and autonomous bodies |
| Riba Free Alfalah Musharaka Term Deposit |
- |
Term |
on maturity and half yearly |
7 days-5 years |
Individuals, businessmen, housewives, retirees, sole proprieters, associations, public ltd companies, semi-govt. and autonomous bodies |
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