Comparative table of returns being given banks on their Profit and Loss Sharing Investment Accounts and Term Deposits.

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RETURNS ON PLS INVESTMENTS                          (JANUARY TO JUNE 2008)                                      (PERCENT)

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BANKS                    NOTICE DEPOSIT      Saving                         TERM DEPOSITS

                        7 to 29  30 days &   Acct   1 Mth   2 Mths  3 Mths  6 Mths   1 Yr   2 Yrs   3 Yrs   4 Yrs   5 Yrs

                          days     above

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Allied Bank Limited        5.00     5.00     5.00     4.00       -    6.50    7.00    8.00   8.10    8.25    8.30    8.50

Arif Habib Bank            5.25     5.50     6.00     7.00       -    7.50    8.00    8.75   9.25    9.75   10.00   10.25

Bank Al-Habib              4.00        -     5.00     7.00       -    7.50    8.00    9.00   9.10    9.20    9.30    9.50

Bank Al-Falahs             4.00     4.50     5.00     4.50       -    5.00    5.25    5.50   6.00    6.50    7.00    7.50

Faysal Bank Limited        0.25        -     5.00     5.00    5.50    6.00    6.75   11.50  12.00   11.50   11.50   11.50

Habib Metropolitan Bank    5.00     5.00     6.50     8.50       -    9.50   10.50   12.00  12.50   13.75   14.25   15.00

Mybank                     5.00     5.00     5.00     6.00       -    7.00    8.00   10.50  10.75   11.00       -       -

National Bank of Pakistan  5.00     5.00     5.00        -       -    5.30    5.60    5.80   6.10    6.40    6.70    7.10

NIB Bank                   5.00        -     5.00        -       -       -       -    7.00   8.00    9.00   10.00   10.50

Soner Bank                 5.00     6.00     5.00     7.00       -    8.00    9.00   10.00  10.50   11.00       -       -

Zarai Taraqiati Bank Ltd      -        -     5.00        -       -    5.10    5.20    5.30   5.60    5.80    6.10    6.40

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FOREIGN BANKS

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Al-Baraka Islamic Bank     7.51        -     8.51     9.01       -    10.01   11.01  12.01  12.51   13.51       -   14.51

Deutsche Bank              6.95     8.98     5.00        -    8.25    10.11   12.33  13.10      -       -       -       -

Oman Int. Bank SAOG        6.00     7.00     5.00     5.00    5.25     6.00    8.50   9.00      -       -       -       -

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NOTE: *Rates to be read as upto

Copyright Business Recorder, 2009