| Products | Profit (Jan09) | Profit (Feb09) | Profit (Mar09) | Profit (Apr09) | Profit(May09) | Profit(Jun09) | Profit(Jul09) | Profit(Aug09) | Profit(Sep09) | Profit(Oct09) | Profit(Nov09) | Profit(Dec09) | Profit(Jan10) | Profit(Feb10) | Profit(Mar10) | Profit(Apr10) | Profit(May10) | Profit(Jun10) | Weightages(July) | | KES | | | | | | | | | | | | | | | | | | | | | Savings | 1.9% | 1.9% | 1.9% | 1.9% | 1.9% | 1.9% | 1.9% | 1.9% | 1.9% | 1.9% | 1.9% | 1.9% | 1.9% | 1.9% | 1.9% | 1.9% | 1.8% | 1.5% | 0.20 | | Annisaa/Child/Student | 2.6% | 2.6% | 2.6% | 2.7% | 2.7% | 2.6% | 2.7% | 2.7% | 2.7% | 2.6% | 2.7% | 2.7% | 2.6% | 2.6% | 2.7% | 2.7% | 2.5% | 2.3% | 0.30 | | Hajj | 3.7% | 3.7% | 3.7% | 3.8% | 3.8% | 3.8% | 3.8% | 3.8% | 3.8% | 3.8% | 3.8% | 3.8% | 3.8% | 3.8% | 3.8% | 3.8% | 3.6% | 2.3% | 0.30 | | Term 30 days | 3.7% | 3.7% | 3.7% | 3.8% | 3.8% | 3.8% | 3.8% | 3.8% | 3.8% | 3.8% | 3.8% | 3.8% | 3.8% | 3.8% | 3.8% | 3.8% | 3.6% | 2.3% | 0.30 | | Term 90 days | 4.4% | 4.4% | 4.5% | 4.5% | 4.6% | 4.5% | 4.6% | 4.6% | 4.6% | 4.5% | 4.6% | 4.6% | 4.5% | 4.5% | 4.6% | 4.6% | 4.3% | 3.2% | 0.42 | | Term 180 days | 5.2% | 5.2% | 5.2% | 5.3% | 5.3% | 5.3% | 5.4% | 5.4% | 5.4% | 5.3% | 5.4% | 5.3% | 5.3% | 5.3% | 5.4% | 5.3% | 5.1% | 5.3% | 0.70 | | Term 365 days | 6.3% | 6.3% | 6.4% | 6.4% | 6.5% | 6.4% | 6.5% | 6.5% | 6.5% | 6.4% | 6.5% | 6.5% | 6.4% | 6.4% | 6.5% | 6.5% | 6.1% | 6.4% | 0.85 | | USD | | | | | | | | | | | | | | | | | | | | | Savings | 0.5% | 0.5% | 0.5% | 0.5% | 0.6% | 0.6% | 0.7% | 0.6% | 0.5% | 0.3% | 0.4% | 0.6% | 0.6% | 0.5% | 0.3% | 0.3% | 0.2% | 0.2% | 0.25 | | Annisaa/Child/Student | 0.6% | 0.6% | 0.5% | 0.6% | 0.7% | 0.6% | 0.7% | 0.6% | 0.5% | 0.3% | 0.4% | 0.7% | 0.7% | 0.5% | 0.3% | 0.3% | 0.3% | 0.3% | 0.27 | | Hajj | 0.8% | 0.8% | 0.8% | 0.8% | 1.0% | 0.9% | 1.1% | 0.9% | 0.7% | 0.5% | 0.6% | 1.0% | 1.0% | 0.8% | 0.5% | 0.4% | 0.4% | 0.4% | 0.40 | | Term 30 days | 0.8% | 0.8% | 0.8% | 0.8% | 1.0% | 0.9% | 1.1% | 0.9% | 0.7% | 0.5% | 0.6% | 1.0% | 1.0% | 0.8% | 0.5% | 0.4% | 0.4% | 0.4% | 0.40 | | Term 90 days | 0.9% | 0.9% | 0.8% | 0.9% | 1.0% | 1.0% | 1.1% | 0.9% | 0.8% | 0.5% | 0.6% | 1.0% | 1.1% | 0.8% | 0.5% | 0.4% | 0.4% | 0.4% | 0.42 | | Term 180 days | 1.1% | 1.1% | 1.0% | 1.0% | 1.2% | 1.2% | 1.4% | 1.1% | 0.9% | 0.6% | 0.8% | 1.2% | 1.3% | 1.0% | 0.6% | 0.5% | 0.5% | 0.5% | 0.50 | | Term 365 days | 1.3% | 1.3% | 1.2% | 1.3% | 1.5% | 1.4% | 1.6% | 1.3% | 1.1% | 0.8% | 0.9% | 1.5% | 1.6% | 1.2% | 0.7% | 0.6% | 0.6% | 0.6% | 0.60 |
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The Bank is the Mudarib (Fund Manager) and customers are (depositors or provider of funds) Rabbulmaal.
In terms of profit distribution on deposits, the maximum Share of the Bank as Mudarib has been restricted to 95%.
However at the discretion of the bank management, the bank as Mudarib may reduce its share in order to give higher return to depositors.
NOTE: Please note that Weightages for KES Products (All Savings, Hajj, Term 30 and Term 90) have been revised downwards and this will affect profit rates for June 2010
