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Comparative table of returns being given banks on their Profit and Loss Sharing Investment Accounts and Term Deposits.



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Returns on Pls Investments (January TO July 2007) Percent)
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BANKS NOTICE DEPOSIT Saving TERM DEPOSITS
---------------------------------------------------------------------------------------------------------------------------
7 to 29 30 days & Acct 1 Mth 2 Mths 3 Mths 6 Mths 1 Yr 2 Yrs 3 Yrs 4 Yrs 5 Yrs
days above
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Albaraka Islamic Bank 1.13 3.54 2.65 3.54 - 5.96 6.12 6.29 7.01 8.42 - 9.27
Allied Bank Limited 0.50 1.00 1.00 0.75 1.00 1.25 1.50 2.00 2.00 2.00 2.00 3.00
Arif Habib Rupali Bank 4.00 4.25 5.75 6.75 - 7.25 7.75 8.50 9.00 9.50 9.75 10.00
Bank Al-Habib Ltd 0.75 - 1.50 1.50 - 1.75 2.00 2.25 2.50 2.75 3.00 3.75
Bank of Khyber 1.50 1.75 1.95 - - 2.50 3.00 3.50 4.00 4.50 4.75 9.00
Bank Alfalah Limited 4.00 4.50 2.00 4.50 - 5.00 5.25 5.50 6.00 6.50 7.00 7.50
First Women Bank Ltd 4.00 4.25 2.00 - - 4.25 4.50 5.50 6.50 7.00 8.00 8.50
Faysal Bank Limited 0.25 1.75 1.50 1.75 2.00 3.50 4.00 10.50 10.60 10.70 10.80 11.00
Habib Bank Limited 0.75 1.00 1.00 - - - - - - - - -
Habib Metropolitan Bank 1.50 2.00 4.50 4.00 - 4.50 5.00 6.00 6.50 7.00 7.50 8.00
IDBP 2.50 3.00 3.00 - - 7.00 7.25 7.50 - - - -
Mybank Limited 5.00 6.00 6.00 6.00 - 7.00 8.00 10.50 10.75 11.25 11.50 12.25
National Bank of Pak. 1.20 1.20 1.20 - - 1.50 1.80 2.00 2.30 2.60 2.90 3.30
PICIC Comm Bank 3.00 4.00 3.50 4.00 - 5.50 6.50 7.25 7.75 8.25 8.75 10.00
Prime Comm. Bank 0.25 1.50 2.00 3.00 - 4.00 5.00 5.50 - - - 6.50
Punjab Coop Bank 1.50 2.00 2.50 - - 2.00 3.00 4.00 5.00 6.00 7.00 8.00
Soneri Bank Limited 4.00 4.50 4.00 4.50 - 5.00 5.50 6.00 6.25 6.50 6.75 7.00
Zarai Taraqiati Bank Ltd - - 1.00 - - 1.45 1.75 2.00 2.30 2.50 2.75 3.30
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FOREIGN BANKS
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Deutsche Bank 7.98 8.63 1.28 - 8.50 8.90 8.77 7.50 - - - -
Oman Int. Bank SAOG 2.00 1.75 2.50 2.40 2.50 3.15 3.50 4.00 - - - -
===========================================================================================================================

NOTE: *Rates to be read as upto
Copyright Business Recorder, 2008

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