Returns on Profit and Loss Sharing Investment Bank Accounts (July To December 2007)

19 May, 2008

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 (JULY TO DECEMBER 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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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
Atlas Bank 4.00 5.00 5.00 5.00 - 5.25 5.50 6.00 - 6.50 - 7.00
Bank Al-Habib Ltd 4.00 - 1.50 7.00 - 7.50 8.00 9.00 9.10 9.20 9.30 9.50
mybank Limited 5.00 6.00 4.00 6.00 - 7.00 8.00 10.50 10.75 11.25 - -
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
Arif Habib Bank 4.00 4.25 5.75 6.75 - 7.25 7.75 8.50 9.00 9.50 9.75 10.00
First Women Bank Ltd 3.00 3.25 1.50 - - 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 6.00 6.00 6.00 6.00 6.00
Habib Bank Limited 0.75 1.00 1.00 - - 6.15 6.75 8.00 - 8.25 - 8.50
IDBP 2.50 3.00 3.00 - - 7.00 7.25 7.50 - - - -
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
National Bank of Pak. 1.20 1.20 1.20 - - 1.50 1.80 2.00 2.30 2.60 2.90 3.30
SME Bank 2.75 3.50 3.50 6.50 - 7.50 8.50 10.00 10.50 11.00 - -
NIB Bank 5.00 - 2.00 - - - - 7.00 8.00 9.00 10.00 10.50
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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Albaraka Islamic Bank 1.14 - 2.69 3.60 - 6.72 6.78 6.85 7.18 8.47 - 9.47
Deutsche Bank 8.15 8.49 1.55 - 8.50 8.61 8.59 8.32 - - - -
HSBC Bank - - 0.25 2.00 - 2.51 3.57 4.20 - - - -
Oman Int. Bank SAOG 2.00 1.75 2.50 2.40 2.50 3.15 3.50 4.00 - - - -
Standard Chartered Bank 3.50* - 2.25* 3.75* 3.80* 5.00* 6.25* 6.55* 6.75* 6.75* - 6.75*
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NOTE: *Rates to be read as upto

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