Roshan Equity Investment

Bank AL Habib’s Conversion to Islamic Banking

At Bank AL Habib, we are committed to providing financial solutions that align with Islamic principles, ensuring Shariah compliance in all aspects of banking. In line with the directives of SBP, we aim to offer the highest standards of trust, transparency, and excellence through Islamic Banking services. We Offer Shariah-compliant products and services Comprehensive solutions for personal and business needs Experienced and dedicated Islamic Banking experts Need Assistance with the Transition? Our dedicated Islamic Banking support team is available to address your questions and concerns regarding this transition. Guides & Resources Islamic Banking Product Portfolio Click here to review our Islamic Banking Products and Services which will be offered to you Feedback Click here for to request support, provide your thoughts or to make complaints Converted Branches View branches that have transitioned to Islamic Banking across Pakistan .accordion-list .accordion-list-items:last-child { border-top: 1px solid #eee !important; }

Prime Minister's Youth Business and Agriculture Loan Scheme (PMYB&ALS)

Eligibility Criteria All citizens holding CNIC, aged between 21 and 45 years with entrepreneurial potential are eligible. For IT/ E-Commerce related businesses, the lower age limit will be 18 years For IT/E-Commerce related businesses, at least matriculation or equivalent education will be required Above age limit condition is applicable on individual and sole proprietors. In case of all other forms of business including partnership and companies, only one of the owners, partners or directors must in the age bracket prescribed above Small & Medium Enterprises (startups and existing businesses) owned by youth as per above mentioned age brackets are also eligible In case of agriculture, farmers classification as per SBP’s "Indicative Credit Limits & Eligible Items for Agriculture Financing 2020” will be applicable Loan Type Working Capital Loan / Term Loan. Financing of Machinery & locally manufactured vehicle for commercial use (also available under Diminishing Musharakah) Only one vehicle per borrower is allowed. A borrower in food franchise and distribution business may avail financing for more than one vehicle Upto 65% of total financing limit can be availed for Civil Works. For agriculture, production and development loans are eligible Loan Tenor Long Term Loan: Upto 8 years with maximum grace period of 1 year For working capital/production loans and murabaha under T2 and T3, tenor will be upto 5 years. Banks will have the option to lend working capital/production loans wherein only markup will be payable during first 2 years and thereafter both principal along with the markup will be paid in next 3 years making it total repayment period of upto 5 years Loan Size Product Financing Limit Tier 2 Above Rs. 0.5 Million and upto Rs. 1.5 Million Tier 3 Above Rs. 1.5 Million and upto Rs. 7.5 Million Pricing Tier 2 : 5% Tier 3 : 7% Security Arrangement Tier 2 (T2) loans – Clean (secured only by personal guarantee of the borrower) Tier 3 (T3) loans – As per Bank Policy Vehicle financed under T2 and T3 to serve as collateral Number of loans per borrower A customer may avail maximum two loans (including one long term and one short term loan) within overall maximum financing limit of Rs 7.5 million In case of agriculture, a customer may avail one production loan and one development loan within overall maximum financing limit of Rs 7.5 million Sector & Products All sectors and products. Moreover, in case of agriculture, all crop and non-crop sectors (including crop production, livestock, poultry, fishery, dairy etc.) are also eligible. Debt Equity Requirement New Business Tier 2 (T2) loans – 90:10 Tier 3 (T3) loans – 80:20 Existing Business Nil for all Tiers Turn Around Time The processing time will not exceed 45 days and will be stated clearly in the application form Application for PMYB&ALS Visit the Prime Minister Youth Loan Portal to start your application now. Apply Now .fixedImgDynamic.mera-pakistan{background-image:url('" ~ image_url("theme::images/individual-financing-icons-04.svg") ~"')} .fixedImgDynamic.mera-pakistan::after { content: ""; position: absolute; width: 100%; height: 100%; left: 0; right: 0; top: 0; bottom: 0; margin: auto; background: linear-gradient(106.01deg, #070e19 -30.56%, rgba(7, 14, 24, 0.26) 53.89%); z-index: 1; } .Summary_Middle .LargeText { font-size: 24px; line-height: normal; display: block; } .d-inline-block.icon-wrap{ width:75px; } .d-inline-block.icon-wrap img{ width:100%; } #main-slider .carousel-inner .container .carousel-caption{width: 61%;} .contentSection ul li { line-height: 1.5; } .bgPosBtmLeft { background-position: center center !important; }