ISLAMABAD (January 20 2007): The Bank of Khyber (BOK) has declared profit rates on various PLS Deposits for the half-year ended December 31, 2006 at the following rates:

PLS Saving, 1.95 percent; SDA up to Rs 1 million, 1.45 percent; SDA Rs 1 million to Rs 5 million, 1.95 percent; SDA Rs 5 million to Rs 10 million, 2.25 percent; SDA Rs 10 million to Rs 25 million, 2.75 percent; SDA above Rs 25 million, 3.25 percent; PLS days notice deposits, 1.50 percent; PSL 30 days notice deposits, 1.75 percent.

Term Deposits: Three months, 2.50 percent; Six months, 3.00 percent; One year, 3.50 percent; Two years, 4.00 percent; Three years, 4.50 percent; Four years, 4.75 percent; Five years, 5.00 percent; Khyber Monthly scheme, 4.00 percent; Regular amdani scheme (5 years), 7.25 percent to 11.30 percent; Zabardast Amdani Scheme, 10.60 percent. Deposits from financial institutions: Special Deposits, 1.50 percent

At the end Director’s of Alhuda CIBE Mr. Zubair Mughal further details about future training Courses on the topic of Islamic Housing Finance and Islamic Banking Courses at Behria Town Rawalpindi, Lahore and Multan respectively in February, 2007. The participants express great satisfaction on the course material and method of workshop and participation of knowledge adopted during the Course. The Workshop attended by representations of AlBaraka Islamic Bank, Meezan Bank, , Standard Chartered, Bank Alfalah, Alzamin Leasing, MCB- Islamic Banking, Askari commercial Bank and other prominent Financial organizations