Page 152 - Annual Report & Financial Statements 2017

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ANNUAL REPORT 2017
150
Notes to and Forming Part of the Financial Statements
For the year ended June 30, 2017
41.
DISCLOSURE REQUIREMENTS FOR ALL SHARES ISLAMIC INDEX
Following information has been disclosed with reference to circular no. 29 of 2016 dated September
5, 2016, issued by the Securities and Exchange Commission of Pakistan relating to “All Shares Islamic
Index”.
Description
Explanation
i)
Loans and advances
Non-interest bearing
ii)
Deposits
Non-interest bearing
iii)
Segment revenue
Disclosed in note 32
2017
2016
Rupees (‘000
iv) Bank Balances
Placed under interest arrangements
14,055,319
10,573,524
Placed under Shariah permissible arrangements
102,840
60,223
14,158,159
10,633,747
v)
Income on bank deposits
Placed under interest arrangements
443,568
346,316
Placed under Shariah permissible arrangements
511
2,907
444,079
349,223
vi) Gain/(loss) on available-for-sale investments Disclosed in note 16.1.1
vii) Dividend income
Disclosed in note 30.1 & 30.2
viii) All sources of other income
Disclosed in note 30
ix) Exchange gain
Earned from actual currency
x)
Relationship with banks having
Following is the list of banks with which the Company
Islamic windows
has a relationship with Islamic window of operations:
1. Meezan Bank Limited
2. Bank Islami Pakistan Limited
3. Albaraka Islamic Investment bank