ISLAMIC NAYA PAKISTAN CERTIFICATES - ACTUAL PROFIT RATES FOR M/O June 2022

Key Features

• Available in PKR, USD, GBP and EUR denominated certificate
• Short and Long term investment tenor of 3 months, 6 months, 12 months, 3 Years and 5 Years
• Premature Encashment option
• Fully and easy Repatriable
• Available in Shariah Compliant and Conventional Variants
• The Certificate shall not be automatically reinvested or rolled-over after the maturity date.
• The Certificates can be pledged as a security for raising financing in Pakistan
• No Zakat Deduction
• The profit on 3-month, 6-month and 12-month NPCs/INPC shall be payable on maturity, whereas the profit on 3-year and 5-year shall be payable on semi-annual basis.

Procedure for Issuance of Naya Pakistan Certificate/ Islamic Naya Pakistan Certificate

• After account opening, customer will create login by using Register Now option and login to Roshan Digital portal
• Customer will click on Financial Transaction option and select Naya Pakistan Certificate / Islamic Naya Pakistan Certificate
• Select account from Account No field.
• Input amount to be invested. (Min 100,000 PKR in multiples of PKR 10,000 & Min USD/GBP/EUR 5,000 in multiples of USD/GBP/EUR 1,000)
• Select Tenure of investment from drop down.
• Review T & C’s and click submit.
• Early/Premature Encashment: For early encashment of certificate(s), please fill pre-mature encashment form available under Financial option.

Premature Encashment of Naya Pakistan Certificate

Sr.#.	Tenure	Within 03 Months	Between 03 Months To 06 Months	Between 06 Months To 12 Months	Between 01 Year To 03 Years	Between 03 Years To 05 Years
1.	03 Months	No Interest / No Profit
2.	06 Months		Interest/Profit for broken period to be calculated based on 03-Month Certificate Rates
3.	12 Months		Interest/Profit for broken period to be calculated based on 03-Month Certificate Rates	Interest/Profit for broken period to be calculated based on 06-Month Certificate Rates
4.	03 Years - Half Yearly		Interest/Profit for broken period to be calculated based on 03-Month Certificate Rates	Interest/Profit for broken period to be calculated based on 06-Month Certificate Rates	Rate of return accruing is equivalent to rate of return of the nearest shorter maturity of Certificates
5.	05 Years - Half Yearly		Interest/Profit for broken period to be calculated based on 03-Month Certificate Rates	Interest/Profit for broken period to be calculated based on 06-Month Certificate Rates	Rate of return accruing is equivalent to rate of return of the nearest shorter maturity of Certificates	Rate of return accruing is equivalent to rate of return of the nearest shorter maturity of Certificates



• No profit shall be paid in case of encashment of certificates before completion of 3 (three) months one each certificate.
• Premature encashment proceeds shall be calculated at the rate of return equivalent to the return of the nearest shorter maturity of Certificates. For example, an investor of a 12-month NPC withdraws his/her investment in the 8th month of holding, in this case, he/she will be entitled to profit for the period up to date of premature encashment, fixed at the rate of return applicable on 6-month NPCs.
• The six (6) months for the periodic profit payment on 3-Years and 5-Years Certificates will be determined from the date of issuance of the certificates.
• In case of a holiday on the periodic profit or principal payment date, the next working day falling after the holiday will be considered the periodic profit date/principal payment date. In such case, no profit will be payable for the period of the holidays.

Premature Encashment of Islamic Naya Pakistan Certificate (PKR)

Sr.#.	Tenure	Within 03 Months	Between 03 Months To 06 Months	Between 06 Months To 12 Months	Between 01 Year To 03 Years	Between 03 Years To 05 Years
1.	03 Months	1.05% of 3 months INPC rate.
2.	06 Months		3 Months INPC
3.	12 Months		3 Months INPC	6 Months INPC
4.	03 Years - Half Yearly		3 Months INPC	6 Months INPC	12 Months INPC
5.	05 Years - Half Yearly		3 Months INPC	6 Months INPC	12 Months INPC	03 Year INPC



• There shall be no premature encashment within the first month of issuance of certificate.
• The proceeds for the premature encashment requests made after the first month shall be as per applicable schedule for premature encashment issued by Islamic NPC Company Limited.
• In case of a holiday on the periodic profit or principal payment date, the next working day falling after the holiday will be considered the periodic profit date/principal payment date. In such case, no profit will be payable for the period of the holidays.

Premature Encashment of Islamic Naya Pakistan Certificate (FCVA)

Sr.#.	Tenure	Within 03 Months	Between 03 Months To 06 Months	Between 06 Months To 12 Months	Between 01 Year To 03 Years	Between 03 Years To 05 Years
1.	03 Months	1.8% of 3 months INPC rate.
2.	06 Months		3 Months INPC
3.	12 Months		3 Months INPC	6 Months INPC
4.	03 Years - Half Yearly		3 Months INPC	6 Months INPC	12 Months INPC
5.	05 Years - Half Yearly		3 Months INPC	6 Months INPC	12 Months INPC	03 Year INPC



• There shall be no premature encashment within the first month of issuance of certificate.
• The proceeds for the premature encashment requests made after the first month shall be as per applicable schedule for premature encashment issued by Islamic NPC Company Limited.
• In case of a holiday on the periodic profit or principal payment date, the next working day falling after the holiday will be considered the periodic profit date/principal payment date. In such case, no profit will be payable for the period of the holidays.