IBBL Investment Schems in short

Investment IBBL

The special feature of the Investment Policy of the Bank is to invest on the basis of profit-loss sharing system in accordance with the tenets and principles of Islamic Shari'ah. Earning of profit is not the only motive and objective of the Bank's Investment Policy rather emphasis is given in attaining social goal and objective in creating employment opportunities.  Modes of Investment

• Bai-Murabaha
• Bai-Muajjal, Bai Salam
• Mudaraba
• Musharaka
• Hire Purchase Under Shirkatul Melk

Under consumer financing, the Bank finances to the individuals for meeting their personal. family and household needs. Total 25 Investment schemes, some are discussed below:

1. Household Durables Scheme (HDS

2. Investment Scheme for Doctors (ISD)

3. Transport Investment Scheme (TIS)

4. Car Investment Scheme (CIS)

5. Small Business Investment Scheme (SBIS)

6. Micro Industries Investment Scheme (MIIS)

7. Agricultural Implement Investment Scheme (AIIS)

8.  Urban Poor Developmet Scheme

9. Women Entrepreneurs Investment Scheme (WEIS):

10. SME Investment Scheme

11. Fruit Gardening Investment Scheme

12. Freelancer Investment Scheme

13. Work Order Financing Scheme

14. Light Engineering Investment Scheme

15. Cluster Investment Scheme

16. NRB Investment Scheme

17. Housing Investment Scheme (HIP) , HPSM, 10-15 Years, RR:  11.50%: Bank:Client: 60% for flat/ Apartment  upto 12 million, for house construction for landlords same, can be more in all cases considering value/ location/ rent etc as discretionary power

18. Real Estate Investment (Commercial &Working Capital): HPSM, Bai Muajjal on revolving bais, RR: HPSM 11.50 (Annuity Method) 14% on Average Method, 5-8 Years

19. Staff Household Durables Schemes (SHDS): 5 years at 8%

20. Palli Griho Nirman Biniog Prokolpo : RR 11.50%, 10 years, Bank : client  60:40

21. Solar Panel Investment Scheme: RR 10%, , HPSM, 3 Years

22. Rural Transport Investment Scheme: HPSM, Bai Muajjal, 14%

1. Household Durables Scheme (HDS)

Objective: To increase standard of living and quality of life of the fixed income group by extending them investment facilities to purchase household articles.

Targer Group: Permanent Officials of Govt. / Semi-Govt. / Autonomous Body / Corporations / Banks & FIs / Defense Forces / Madrasah / School / College / University Teachers / Businessmen / House owners of Metropolitan & other District Head Quarters / Professionals (Doctors / Engineers / Lawyers etc.) / Existing clients / Wage Earners / University / Medical Students / Officials of renowned Private Firms.

Nature of Goods / Items: Electronics & electrical goods, Motor cycle / Bi-cycle, Furniture / Fixtures, Ornaments, Instruments / Equipments for Medical & Engineering students etc.

Mode of Investment: Bai-Muajjal / HPSM (item wise).

 Period of Investment  Maximum 4-years

 Rate of Return:  13.00% (including 2% supervising charge) or rate to be determined by the Bank from time to time.

 Amount of Investment: Tk 0.20 million without collateral and upto  TK 1.00 with collateral

Bank's Participation  30% or as per Guideline of Bangladesh Bank.

Security:  Hyp. on HDS Goods + PG + Spouse / Guardian Guarantee/close relative guarantee/ + Employer Certificate / Marking lien on MSS / MTDR/MSB/ Post dated cheque/ collateral (if applicable).

  2. Investment Scheme for Doctors (ISD)

Objective: i. To help unemployed qualified doctors to go for self-employment
ii. To provide latest medical equipments to specialist doctors to extend modern medicare facilities throughout the country.

 Targer Group: Doctors (MBBS), Dentist (BDS),Homeopath,Unani, Ayurbed Doctors

Nature of Goods / Items: X-ray/ ECG/Pathological & other equipments/Apparatus/Modern medical equipments/ Other accessories.

Mode of Investment: Bai-Muajjal / HPSM (item wise).

Period of Investment: Maximum 5-years

Rate of Return: 13.00% or rate to be determined by the Bank from time to time.

 Bank's Participation: 80% (for new doctors) & 80% (for specialized doctors).

 Security: Hyp. of Equipments + Deposit of original graduation/post graduation Certificates + Personal Guarantee + Colleagues Guarantee

How to Apply: Application Form shall have to be collected from nearest Branch of Islami Bank Bangladesh Ltd.

3.Transport Investment Scheme (TIS)

Objective:i. To ease the existing transportation problem.
ii. To ensure speedy economic growth and development of the country particularly the expansion of trade, commerce & industry.

Targer Group:Persons, businessmen, firms having proven experience in transport business, Official/Commercial use by the business firms & industries,established clinic & hospitals etc.

Nature of Goods / Items:Bus, Truck, Minibus, Double Decker, Private Car, Micro Bus, Jeep, Auto Rickshaw, Pick up Van, Human Hauler, Baku, Vessel etc.

Mode of Investment:  HPSM

Period of Investment : Maximum 4-years excluding gestation period 3-months for reconditioned.

Maximum 5-years excluding gestation period up to 6-month for brand new. 07-years excluding gestation period up to 12-month for brand. It may be relaxed up to 8 year.

 Rate of Return: 12.50% or rate to be determined by the Bank from time to time.

 Bank's Participation: 70% to 80% depending on vehicle type.

 Security: Vehicle(Joint Registration) + Marking lien on TDR / MSS, Personal Guarantee(s).  etc

4. Car Investment Scheme (CIS)

Targer Group: Permanent officials, teachers, businessmen, house owners, professionals, existing clients of IBBL,wage earners etc.

Nature of Goods / Items: Reconditioned / Brand new Private Car / Micro / Jeep / Auto Rickshaw etc.

Mode of Investment: HPSM)

Period of Investment: Maximum 4-years for reconditioned car and 5-years for brand new cars.

Rate of Return : 12.50% or rate to be determined by the Bank from time to time.

Bank's Participation: 50:50 % or as per Bangladesh Bank Guideline.

Age of Clients: Minimum 21 years, Maximum 65 years.

Security: Hypethecation (Murabaha TR) on purchased vehicle, Personal /Corporate Guarantee(s).

 5. Small Business Investment Scheme (SBIS)

Targer Group: Jobless young people / small traders / small & cottage industries / service sector with a valid trade license.

Nature of Goods / Items: Dairy, beef fattening, fishery, poultry & duckery,live stock farming, workshop,tailoring,garments sweetmeat, grocery,stationery, electrical and electronics, shoes, cloths, laundry, small restaurant etc.

Mode of Investment: Bai-Muajjal / HPSM/ Bai Murabaha (TR) (item wise).

Period of Investment: Bai Murabaha Maximum 1-year & Maximum 3-years in HPSM.

Rate of Return: 13.00% or rate to be determined by the Bank from time to time.

6. Micro Industries Investment Scheme (MIIS)

Targer Group: Engineering diploma / Degree holders / Technical persons.

Nature of Goods / Items: Food & agriculture / plastic & rubber/ forestry & furniture / dairy product processing / engineering/ leather / chemicals / textiles / recycling / service electrical accessories / paper product / handicrafts industries / computer technology industries /manufacturing of garments / sewing and other machines for tailoring etc.

Mode of Investment: Bai-Murabaha / HPSM (item wise).

Period of Investment:  Maximum 1-year for Bai-Murabaha & Maximum 3-years for HPSM (excluding gestation period).

Rate of Return: 13% or rate to be determined by the Bank from time to time.

Bank's Participation: Maximum 80% of cost price.

Security: Immovable Properties above Tk.0.10 million +Hyp. of Machinery/MSS/TDR +PG/ Invt.Against PG must ensure proper supervision & follow-up to recovery in all respect.

7. Agricultural Implement Investment Scheme (AIIS)

Targer Group : Educated / uneducated farmers & persons / youths.

Nature of Goods / Items/Power Tiller / Power pump / Deep / Shallow tube well / Thresher machine / Combined harvester / Tractor / Rice transplanter / USG making Machine / Drum Seeder / Agro processing machinery & equipments etc.

Mode of Investment: Bai-Muajjal / HPSM (item wise).

Period of Investment: Maximum 1-year for Bai-Muajjal & Maximum 3-years for HPSM.

Rate of Return: 10.00% or rate to be determined by the Bank from time to time.

Ceiling & Sanctioning Authority: SO/PO/SPO…Tk0.30 Million, AVP to EVP tk 0.50