The document provides information about Dubai Islamic Bank's (DIB) products and services. It begins with an introduction to DIB as the world's first Islamic bank established in 1975 in Dubai. It then outlines DIB's vision and describes various deposit accounts like savings, current, e-saving, and fixed deposits. Next, it discusses business financing products like murabaha, musharakah, mudarabah, ijara, and sakuk. It also covers consumer financing. The document then discusses management remuneration and profit calculation, providing historical profit rates for various accounts. In summary, the document outlines DIB's range of Sharia-compliant banking products and services as well as its profit distribution

3. Sequence of Presentation
Introduction
Vision
Deposits
Business with customer
Management remuneration
Profit calculation

4. INTRODUCTION
PIONEER
• The world’s first Islamic bank
best
modern
banking.
• combined the best of traditional Islamic
values with the technology and innovation
FORMATION
• 1975, Dubai Islamic Bank has established
itself as the undisputed leader in its field

5. Vision
To be the leading Islamic Bank providing
Shari’a compliant financial services, by
creating value for all stakeholders.

6. ACCEPTANCE
OF SAVINGS
FROM
CUSTOMERS

7. DEPOSITS
Saving
Account
E-
Saving
Current
Account
Saving
Plus
Fixed
Deposits
Special
saving
Junior
Account

8. CURRENT ACCOUNT
Qarz-e-hasana
Non-remunerative checking account
Transact frequently
An ideal low cost option
No minimum balance restriction
Free account statement on a six monthly basis

9. SAVINGS ACCOUNT
Investment for depositors to earn Halal returns
Flexibility to withdrawn
depositor is fund provider or Rabbul-Maal
DIBPL is fund manager Mudarib)
Unrestricted Mudaraba

10. ESAVING ACCOUNT
The power to control financial future from anywhere and anytime.
Online Account opening
Unrestricted Mudaraba
Free Internet & Mobile Banking
No issuance of cheque book

11. SAVINGS PLUS
Save and Spend
100% HALAL
High profit High Balance
Institutions have high liquidity
enjoying this account

12. SPECIAL SAVINGS
High profit on
high
balance
Profit
calculation
on daily
base
product
Murabaha
base
Profit
Payment is
on monthly
base
ATM/ VISA
Debit Card
Facilities only
for Individual
Account
Holders

13. FIXED DEPOSIT
Mix of long and
short term benefits
to depositors wants
Halal returns on
their savings.
Unrestricted
Mudaraba
Common pool

14. JUNIOR ACCOUNT
Riba free
banking
1st bank
offreing
No minimum
balance

15. BUSINESS OF
BANK WITH
CUSTOMERS
By:WARDA MEHAK

16. MUSHARAKAH
• A PARTNERSHIP
• BANK PARTICIPATES IN PROJECTS AND SHARES THE CAPITAL
AND RETURNS.
• OWNERSHIP OF ASSETS ON A PERMANENT OR A NON-
PERMANENT BASIS
• PROFIT IS SHARED WITH AN AGREEMENT BETWEEN THE BANK
AND THE CUSTOMER

17. Mudarabah
PARTNERSHIP
BETWEEN THE BANK
AND AN ENTERPRISE
PRE-AGREED PERIOD
CAN INVEST IN EITHER
A NEW OR EXISTING
COMPANY
PRE AGREED PROFIT
PERCENTAGE

18.  Sales contract
 Pre-agreed profit
margin
 Fixes the deal
along with a
profit
 Time Period :
1. Raw materials &
finished goods
from 90 to 180
days
2. Machinery and
equipment
unto 5 years
MURABAH

19. SAKUK:
 Islamic bond
 asset-backed
 proportionate ownership
in the underlying asset
 Yield generated by the
client’s lease of the asset.

20. ISTISNA
 sales contract
 Bank agrees to
deliver a
commodity or an
asset at a pre-
determined future
time at an agreed
price.
 finance the
construction of real
estate

21.  A lease contract
 Bank (lessor)
leases the
property to the
customer (lessee)
 Return for a rental
payment for a
specified
financing period.
 transfer the title of
the property to the
customer
 The leasing period
3-7 years
IJARAH

22. BUSINESS FINANCE:
 Shirkatul Melk cum Ijara model
 DIBPL enters into relationship by
purchasing an undivided share and
subsequently leases to leasee.
 Financing up to 70% of your property
value

23.  Musharaka cum
Ijara model
 Home Purchase.
 Purchase of
undivided share
(Home
Renovation).
 Purchase of
undivided share
of property from
other bank
(Balance
Transfer)
HOME FINANCE:

24. AUTO FINANCE:
 Using Musharaka cum Ijara model to
finance your car
 Tracker Device & Monitoring
 Lowest Insurance/Takaful Rates
 Payment Advance Booking Cases
 Monthly Rental
 Islamic Product

25. ATM cards Funds transfer
 Access your account
anytime, anywhere
 390 Automated Teller
Machines (ATMs)
 An unlimited number
of Supplementary
Cards
 withdraw up to Rs.
50,000 per day
 Transfer funds
between your
accounts
 Transfer funds to
other DIB accounts
 Visa Debit Card is
used to transfer funds
across accounts
 Daily transaction limit
Rs. 300,000

26. DECLARATION
ON
MANAGEMENT
REMUNERATION
& PROFIT
CALCULATION
By : Saman Gohar

27. REMUNERATION MANAGEMENT
Bonus is given on
the basis of
branch
performance, not
on the basis
individual
performance

28. BANK PROFIT
Sharia prohibits the fixed
interest (Riba)
Net profit is the profit earned
after subtracting of all the
expenses and income taxes.
Net Profit %= Net
profit/Revenue*100

29. PROFIT CALCULATION ON VARIOUS
ACCOUNTS

30. Historical Rate sheet for Feb. 2014
Product Month Tiers Rate
Saving Regular Feb 2014 Less than
Rs.100k upto
Rs.500k and
above
3.30-3.50%
Savings Plus Feb 2014
Less than Rs.500k
upto Rs 1 bln and
above
3.60-7.55%
Special Savings Feb 2014
Less than Rs.500k
upto Rs 1 bln and
above
3.60-8.50%
E-Savings Feb 2014
Less than Rs.10k
upto 5 million and
above
3.30-7.75%

31. FIXED DEPOSIT
Profit Payment
Frequency
Tenor Amount of Deposit Profit Rate %
(Feb-2014)
Pofit at maturity
option
1 Month Rs 100k-Rs 100 mln
and above
6.00-8.00%
3 Months Rs 100k-Rs 100 mln
and above
6.20-8.10%
6 Months Rs 100k-Rs 200 mln
and above
6.35-8.35%
1 Year Rs 100k-Rs 500 mln
and above
7.65-8.50%
2-7 Years - 8.75-10.15%
Monthly Payment 1-7 years Rs 100k-Rs 249.99 mln 7.35-10.00%
Quarterly Payment 1-7 years Rs 100k-Rs 499.99 mln 7.40-10.05%
Semi Annual
Payment
1-7 years Rs 100k-Rs 249.99 mln 7.45-10.10%
Profit at Maturity
Option

32. SAVING DEPOSIT-FCY
Curre
ncy
Tenor Amount of Deposit Profit Rate %
USD Saving Less than USD 500-USD 500k
and above
0.30-0.40%
GBP Saving Less than GBP 500-GBP 500k
and above
0.30 %
EUR Saving Less than EUR 500-EUR 500k
and above
0.30 %

33. TERM DEPOSIT-FCY
Currency Tenor Amount of
Deposit
Profit Rate %
USD 3 month USD 2k-USD
500K and
above
0.70%
USD 6 month USD 2k-USD
500K and
above
0.80%
USD 1 year USD 2k-USD
500K and
above
0.90-1.10%