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SCHEDULE OF COMPANIES ACT 2017:
Loans/advances obtained as per Islamic mode: Nil
Shariah compliant bank deposits / bank balances:
Bank balances placed under shariah compliant arrangement amounts to Rs. 10.443 million.
33.t3 Profit earned from shariah compliant bank deposits / bank balances:
Profit earned during the year from shariah compliant bank balances amount to Rs. 0.457 million
Revenue earned from a shariah compliant business segment:
This includes Rental income & other charges earned amounting to 3.212 million during the year.
Gain / loss or dividend earned from shariah compliant investments: Nil
Exchange gain earned:
Nil
Mark up paid on Islamic mode of financing: Nil
Relationship with shariah compliant banks:
The Company has shariah compliant bank accounts with the following banks: Bank lslami Limited
Meezan Bank Limited
Dubai Islamic Bank Limited Bank Makramah Limited
Profits earned or interest paid on any conventional loan or advance
