اسلامی بینکوں میں "ویٹج" – نفع کی تقسیم کا طریقہ کار (The distribution of Profit on “Weightage basis” in Islamic Banks- method and rationale)

Abstract

In Islamic Banks the distribution of profit to its depositors is made on the basis of weightage. The account holder's portion of the pool profit is divided according to the weightage of the product that they have invested their savings in. Weightages are assigned based on three criteria; i.e. tenure, amount and profit payment frequency like one-year deposit is given less weightage than two years deposit. The article elaborates this system and evaluate its validity in perspective of Shariah. The article has been written in analytical mode after getting first hand information from the authorized officials of different banks.