HabibMetro Bank provides Islamic banking services through 6 dedicated branches and 198 desks across Pakistan. It aims to provide Shariah compliant banking solutions based on a foundation of trust. The board of directors and key management are listed. Mufti Abdul Sattar Laghari serves as the Shariah advisor. Islamic products offered include current accounts, savings accounts, investment certificates, Murabaha, Ijarah, and Diminishing Musharakah. A SWOT analysis finds strengths in its capital base and loyal employees, while weaknesses include a focus on only valued clients and slow transaction processing. Opportunities exist in Islamic banking and rural expansion, while threats include credit crises and inconsistent government policies. Islamic banking

2. HabibMetro Islamic
BankingSaima
Marvi
Abu Talib
Uzair Ahmadani
Husnain Kasbati - 5563
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3. Topics to Cover
• Introduction
• Mission & Vision
• Board of Directors
• Shariah Advisor & Fatwa
• Islamic Products
• SWOT Analysis
• Conclusion

4. "We must work our destiny in our own way and present to the
world an economic system based on true Islamic concept of
equality of manhood and social justice."
Quaid-e-Azam Mohammad Ali Jinnah
Founder of Islamic Republic of Pakistan
On the Occasion of the Opening Ceremony of The State Bank of Pakistan on July 1, 1948

5. • HabibMetro was incorporated in Pakistan as a Public Listed Company in 1992 under the name,
Metropolitan Bank Limited. The Bank commenced, duly licensed, full scheduled commercial-banking
operations in October 1992.
• Metropolitan Bank, from October 1992 to September 2006, remained a highly rated bank and,
vide it’s nationwide 51-branch on-line network, established as a distinguished provider of
trade finance services.
• On October 26, 2006 Habib Bank A G Zurich`s Pakistan Operations merged into Metropolitan
Bank Limited and the merged entity was named Habib Metropolitan Bank Limited.
Demonstrating a strong commitment to Pakistan economy, HBZ is the principal shareholder of
HABIBMETRO.
• HABIBMETRO Islamic was formally launched in Pakistan in March 2004 when the first Islamic Banking
license was granted.
• HabibMetro opened its first Islamic banking branch in 2004.
• At present, they provide Islamic banking services through 6 dedicated branches in Karachi, Lahore and
Islamabad, along with 198 desks located in the different branches across the country.
Introduction

6. Mission
“Building on our legacy of trust, HABIBMETRO brings to you Shari’ah compliant banking
solutions. Driven by our promise of service with security and strong ethical standards,
we ensure that you remain close to your beliefs and stay ahead of the competition.”
Vision
“Based on a foundation of trust, to be the most respected financial institution,
delighting customers with excellence, enjoying the loyalty of a dedicated team,
meeting the expectations of regulators and participating in social causes while
providing superior returns to shareholders”
Mission & Vision

7. Board of Directors
Name Designation
Mr. Kassim Parekh Chairman
Mr. Sirajuddin Aziz President & CEO
Mr. Mohamed Ali R. Habib Executive Director
Mr. Ali S Habib Director
Mr. Muhammed Bashir Director
Mr. M. Hyder Habib Director
Mr. Sohail Hassan Director
Mr. Syed Zubair Ahmed Director
Mr. Tariq Ikram Director
Name Designation
Azam Zaidi Group Head Treasury
Abdul Aziz Memon Chief Risk officer
Fuzail Abbas Chief Financial officer
Khadim Nanji Head of Operations
Shahid kazi Head of Corporate Banking
Asad Ali Dhaamsey Head of Compliance
M. Shams Izhar Head of Risk Management
Waheed Usman Sakrani Head of HR & Training
Adnan Fasih Head of Islamic Banking Division
Key Management

8. Shariah Advisor
 The Shariah Advisors guide the development of banking products and services, certifies them and
assists compliance with Islamic Sharia.
 The Shariah auditors ensure that all the transactions are carried out in strict compliance to Islamic
principles of banking.
Mufti Abdul Sattar Laghari
 Mufti Sahab has been providing Shariah Advisory services since 2005.
 He has previously worked as Shariah Advisor of one of the largest Bank of Pakistan and is part of
NBFI & Mudarabah Association of Pakistan.
 Mufti Abdul Sattar Leghari holds a certificate of 1 year correspondence course in Islamic Law from
Shariah Academy International Islamic University Islamabad Pakistan.

9. HABIBMETRO Fatwa Islamic Banking

10. HABIBMETRO Islamic Products
• HABIBMETRO ISLAMIC CURRENT ACCOUNT
• HABIBMETRO ISLAMIC SAVING ACCOUNT
• HABIBMETRO ISLAMIC INVESTMENT CERTIFICATES (HIIC)
• HABIBMETRO MURABAHA
• HABIBMETRO IJARAH
• HABIBMETRO Diminishing Musharakah

11. Islamic Current Account is opened on the basis of “Qard” (i.e. debt) whereby the customer is a lender and
the Bank is the borrower.
Features
 Initial deposit required to open the account is Rs 1,000/-.
 The funds are payable to the customer on demand as and when required with neither any addition nor penalty.
 Joint account facility up to four joint account holders.
 No restrictions or limits on transactions.
 HABIBMETRO Islamic current account can also be opened in USD, Pound Sterling & Euro.
 No deduction of Zakat on the account.
Free Services
 Cheque Book(s)
 HABIBMETRO ATM / Debit Card
 Pay Order
 Statement of Account
 Webinfo & Teleinfo Services
HABIBMETRO ISLAMIC CURRENT ACCOUNT

12. HABIBMETRO ISLAMIC SAVING ACCOUNT
Savings account opened on the basis of “Modarabah”, where the bank acts as “Modarib”(i.e Manager) and the Depositors are
considered as “Rab-ul-Maal” (i.e. Depositor).
Features
 Initial deposit required to open the account is Rs 1,000/-.
 All deposits in PLS saving account shall be invested by the bank strictly in accordance with the Shari’ah compliant principles.
 Profit is shared between the PLS depositors and the Bank on the basis of predetermined profit sharing ratio.
 Depositors and the Bank will bear the same ratio of their respective investment in the event of loss.
 Six Monthly profit/loss payment on daily product basis.
 Profit rates are announced on monthly basis.
 HABIBMETRO Islamic savings account can also be opened in USD.
 Up to Rs. 1 million Free Takaful is also provided.
Free Services

Cheque Book(s)
 HABIBMETRO ATM / Debit Card
 Pay Order
 Statement of Account
 Webinfo & Teleinfo Services

13. HABIBMETRO ISLAMIC INVESTMENT CERTIFICATES (HIIC)
The relation of the HIIC holder and the bank is Mudarib / Investor, the bank is Modarib (i.e Manager) and the
depositors are Rab-ul-Maal (i.e Depositor).
Features
 Minimum amount of investment is Rs.25,000/-.
 All the principles and rules pertaining to HIIC are based strictly on the Islamic principle of
Modarabah, Therefore, profits and losses are shared by the partners according to the rules of Islamic Shari’ah.
 HIIC are available in tenures of 1, 3, 6 months & 1, 2, 3, & 5 years.
 Monthly , Quarterly, Six Monthly profit payment is available for investment of 12 months and above.
 Monthly profit credit to linked account automatically.
 Profit is distributed as per predetermined weightages after deducting management fee.
 HABIBMETRO Islamic Investment Certificates can also be obtained in USD.

14. HABIBMETRO Murabaha
 Murabaha is a financing arrangement which is based on sales transaction where
HABIBMETRO Islamic banking purchases the commodity and sells it after adding an
agreed profit.
 Murabaha involves the purchase of a commodity by HABIBMETRO Islamic banking on
behalf of a customer and subsequent sale to the customer on cost-plus-profit basis.
 The cost and profit margin to the bank is expressly disclosed to the customer.
 Simply put, HABIBMETRO Islamic banking buys the commodity from a third party and
sells it to the customer at an agreed price.

15. HABIBMETRO iJARAH
IJARAH is “to give something on rent. It is a Shariah compliant alternative to
Conventional leasing where Bank acts as a Lessor and you act as a Lessee.
 HABIBMETRO Islamic banking requires customers to pay a monthly rent for
the use of the Vehicle.
 In this while, the ownership of the vehicle remains with the Bank, only the
rights of use is transferred to customer.
 At the end of the Ijarah Agreement, customer will be given a choice whether
to return the vehicle to the Bank and receive back the security deposit paid
at the beginning or to purchase it at a price as low as the security deposit.

16. HABIBMETRO Diminishing Musharakah (DM)
 Diminishing Musharakah is commonly used for the purpose of financing of fixed assets i.e.
House Financing, Car Financing, Plant and Machinery Financing and all other fixed assets.
 In Diminishing Musharakah the financer and the client participate either in joint ownership
of a property or equipment or a commercial enterprise.
 Diminishing Musharakah is basically joint ownership of the Bank and customer where
customer as a lessee uses the share of the bank and pays the rentals, and as a partner
redeems the share of the Bank. As and when the repayments are made by the customer the
Bank share decreases to Zero gradually and customer’s share is increased proportionately to
100%.

17. Strengths
•Large Capital Base
•Rank in top 10 banks of pakistan
•Credit rating in Long-term “AA+” and “A1+”
in short term.
•Loyal and experienced human resource.
•Loans are given only to known, reputable
clients to avoid chances of fraud.
•Strong customer relationship
•Asset utilization is very good.
Opportunities
•Scope in Islamic banking
•Low exposure to consumer banking
providing opportunity to explore the segment
•Should emphasize much on E-Banking
•Opportunity to open branches in rural areas
to gain more market share.
•Opportunity to attract cross-border
investors.
Threats
•Adverse impact of “Credit Crisis” May effect
on HMB.
•High reliability on one market segment only.
i.e. (Textile 54%).
•Competitors new products and innovation.
•Inconsistency in government policies
Weaknesses
•Only valued clients are important
•Bad portfolio diversification.
•Old management – (no creativity)
•Low consumer finance
•Less job satisfaction of employees
•Transaction/activity processing time is slow
S W
TO
SWOT ANALYSIS OF HABIBMETRO

18. Conclusion
"Verily Allah will never change the condition of a people until they change
themselves." :.(Surah ar-Ra'd Chapter 13, verse 11)
 At present Islamic banking has a market share of over 7% of total banking sector of Pakistan.
 Demand for Islamic banking products is increasing in all sectors consist of Individuals, SMEs
& Corporate customer alike
 SBP is playing a vital role in regulating and monitoring Islamic compliances.
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19. Thank you for your Time & Attention