Features of the Certificates

• Certificate of Musharaka is for a minimum of Rs. 25,000/-
• The tenure of these Certificates is 3 months, 6 months and 1 year.
• Account opening form needs to be filled prior to issuance of Certificate of Musharaka.

Procedure for Investment in Certificate of Musharaka (COM)

• Deposit can be made through cash deposit, cheque, payorder or bank draft.
• In case the investment is through cheque, payorder or bank draft, the Certificate of Musharaka will be issues upon realization of the same.
• Investment in COM will be in Pak Rupees.
• Certificate of Musharaka is transferable.
• Profit will be paid after deduction of Zakat & With Holding Tax wherever is applicable.
• In case of Non-Deduction of Zakat, please submit copy of Zakat Exemption Affidavit CZ-50.