aoe = Awholly owned subsidiary of MCB Bank d | | MIB/SB/SV-161/20 Certificate of Shariah Vetting BPATE;06. Nov-2020 FROM: SHARIAH BOARD To: GROUP HEAD ~ PRODUCT MANAGEMENT & SHARI’AH STRUCTURING | CERTIFICATE OF SHARI'AH VETTING — MERA PAKISTAN-MERA GHAR HOUSING SUBJECT: | FINANCE PROFIT RATE SUBSIDY SCHEME (“MPMG”) —a ~ es —_ pa ay | REFERENCE: | INTER OFFICE MEMO ~ PMSS/1OM/20201106/001- DATED: NOVEMBER 06, 2020. ENCLOSED: | ABOVE MENTIONED IOM — PIMSS/I0M/20201106/001- DATED: NOVEMBER 06, 2020. We have reviewed the following documents of the subject Mera Pakistan-Mera Ghar Housing Finance Profit Rate Subsidy Scheme (“MPMG"). 1. MPMG Housing Finance Profit Rate Subsidy Scheme Product Paper. 2. Accounting Treatment - Diminishing Musharakah Housing Finance (MPMG Scheme) 3. SBP Prescribed Housing Finance Application Form for Govemments Profit Subsidy Facilly (MPMG Scheme) Revised Housing Finance Application Form. Product Key Fact Statement — Housing Finance (MPMG Scheme). Caloulation Sheet ~ Housing Finance (MPMG Scheme). Facility Advising Letter - Housing Finance (MPMG Scheme). Schedule of Bank Charges ~ Housing Finance (MPIMG Scheme), ‘Monthly Payment Agreement (along with its Payment Schedule) ~ Housing Finance (MPMG Scheme) (0. Undertaking for Applying for Housing Finance forthe First Time ~ Housing Finance (MPMG Scheme). We are of the opinion that there is nothing contrgsyto Shari'ah rulings in these documents. Reviewed & Approved by: << : Nasir Mufti Syed Sabir Hussain ‘Mufti Nadeem Iqbal Prof. Mufti Munib-ur-Rehman Resident Shari’ah Board Member Shari’ah Board Member Chairman Shari‘ah Board MCB Islamic Bank Ltd. 1* Floor, 339-2 Block, Commercial Area, Phase Ill, D.H.A., Lahore. |