Category: Latest News

CRESCENT COOP . LTD(CCL )
H.O :Gen.bus Stand Islamabad, Kashmir.
Website :www.ccljk.org
Phone :9469719408
* (A Registered Autonomous Interest Free Financial Institution. )
*
NOTICE
Due to some unavoidable factors , we are compelled to make some changes in the programmes of the cooperative scheduled for 18th of October 2018 (Sunday) .
*The review meeting which was scheduled at 11:30 am will now be held at 1:45 pm at the notified venue i.e Al furqan Computers Rambag Srinagar .
*The interactive session regarding Interest Free Finances with Dr. Shariq Nisar will now be held at M.I securities – Sharekhan, Munwarabad M.A link road (near fountain) Srinagar instead of Al furqan Computers Rambag . However the time will remain same i.e 3:15 pm.
All the concerned are humbly requested to note the changes.
Any inconvenience caused is regretted.
In case any further clarification is needed , feel free to contact #9797133710

Executive Officer CCL.

CRESCENT COOP . LTD(CCL )
H.O :Gen.bus Stand Islamabad, Kashmir.
Website :www.ccljk.org
Phone :9469719408
*
(A Registered Autonomous Interest Free Financial Institution )
*
NOTICE.
Dr. Shariq Nisar of Mumbai, a scholar of international repute on ” Interest Free Financial System” is visiting Kashmir University.
Crescent Cooperative Ltd (CCL )has arranged an interactive session with the august guest regarding ” the practicality of the system in the current scenario.” (In sha Allah )
All the persons interested in development of the system are cordially invited to attend the event.
Date : 18-11-2018.
Day : Sunday.
Time :3.15 pm
Venue :Alfurqan Computers
Rambag Payeen. Srinagar.

Executive officer CCL.
9797133710.

CRESCENT COOP . LTD(CCL )
H.O :Gen.bus Stand Islamabad, Kashmir.
*
(A Registered Autonomous Interest Free Financial Institution )
*
Financial Status Of The cooperative.
As on Ending October 2018.
*
Part A. Liabilities
1. Share capital :
Rs 54,500.
2. Investments :
Rs 12,87,000.
3. Safekeepings :
Rs 3,52,000.
4. Saving deposits :
Rs 120,150.
5. Loans :
Rs 1,00,000.
Total Liabilities :
Rs 19,13,150.
*
Part B. Assets.
1. Muzariba credits :
Rs 2,00,000.
2. Musharika credits :
Rs 7,52,000.
3.Murabaha credits :
Rs 6,09,840.
4. Special cash credits:
Rs 3,15,000.
5. Fluidity Reserves :
Rs 52,500.
*
Part C Other details
1)No.of general members : 108.
2) No. of associate members : 19.
2. Cases sponsored :
69.
3. Current Cases :
27.
4. Credit Deposit Ratio :98.1%

For any other details feel free to contact Hon.Executive Officer CCL.
9797133710.

CRESCENT COOP LTD.(CCL )
H.O : Gen. Bus Stand Near S.K.Tax Solutions Ang.
A Registered Autonomous Interest Free Financial Institution.
*
An awareness programme regarding the prohibition of Riba in Islam and the role of Crescent Coop.Ltd as on Interest Free Financial Institution, was held today at Iqbal Memorial Inst. Brakapora, Islamabad from 12.30 pm to 1.30pm.
About 25 staff members of the institution participated in the programme. The queries raised by the participants were also answered.

Exe Officer CCL

CRESCENT COOP. LTD
H.O : Gen.bus Stand Islamabad, Kashmir.
*
A Registered, Autonomous Interest Free Financial Institution.
*
(Monthly update )
October 2018
*
1. Payments during the month.
a) Advances :
Rs 4,40,000.
b) Fluidity deposits :
Rs Nil
c) Safekeeping deposits returned:
Rs 15,000.
d) Special loans returned :
Rs Nil .
e) Cooperative education expenses :
Rs Nil .
f) Miscellaneous expenses :
Rs Nil .
g) Saving deposits returned :
Rs Nil .
Total payments :
Rs 4,55,000.
*
2) Receipts during the month.
a) Cost of forms:
Rs 150.
b) Membership fee :
Rs 600.
c) Profits :
Rs 27,000.
d) Share capital :
Rs 1,500.
e) Saving deposits :
Rs 10,000.
f) Musharika return
Rs 15,000.
g) Murabah returns:
Rs 2,10,500.
h)Muzariba returns:
Rs Nil .
i) Cash credit retu:
Rs 1,15,000.
j) Investments:
Rs 12,000.
K) Safekeeping deposits received :
Rs 2,000.
L) Loans:
Rs Nil .
Total receipts :
Rs 3,93,750.
*
3. Cases financed :
Two .
*
4. General membership granted: Three
*
5. Associate membership granted : Three
*
Notes :
1. The overall financial status of the coop. as on Ending October 2018 is being ascertained and will be shared soon. Inshaallah.
2. For any further details or clarification feel free to contact 9469719408, 9797133710.
Hon.Exe officer
CCL.

CRESCENT COOP . LTD(CCL )
H.O :Gen.bus Stand Islamabad, Kashmir.
*
(A Registered Autonomous Interest Free Financial Institution )
*
Financial Status Of The cooperative.
As on Ending September 2018.
*
Part A. Liabilities
1. Share capital :
Rs 52,500.
2. Investments :
Rs 12,75,000.
3. Safekeepings :
Rs 3,65,000.
4. Saving deposits :
Rs 110,150.
5. Loans :
Rs 1,00,000.
Total Liabilities :
Rs 19,02,650.
*
Part B. Assets.
1. Muzariba credits :
Rs 2,00,000.
2. Musharika credits :
Rs 5,27,000.
3.Murabaha credits :
Rs 8,20,340.
4. Special cash credits:
Rs 2,30,000.
5. Fluidity Reserves :
Rs 52,500.
*
Part C Other details
1)No.of general members : 105.
2) No. of associate members : 16.
2. Cases sponsored :
68.
3. Current Cases :
32.
4. Credit Deposit Ratio :93.41%

For any other details feel free to contact Hon.Executive Officer CCL.
9797133710.

CRESCENT COOP. LTD
(Monthly update )
September 2018
*
1. Payments during the month.
a) Advances :
Rs 2,40,000.
b) Fluidity deposits :
Rs 9,500.
c) Safekeeping deposits returned:
Rs !0,000.
d)Loans returned :
Rs Nil
e) Miscellaneous expenses :
Rs 480.
f) Office equipment.
Rs 12,000.
Total payments :
Rs 2,71,980.
*
2) Receipts during the month.
a) Cost of forms:
Rs 700..
b) Membership fee :
Rs 1700..
c) Profits :
Rs 30,000.
d) Share capital :
Rs 7,000.
e) Saving deposits :
Rs 15,000.
f) Musharika return
Rs 20,000.
g) Murabah returns
Rs 1,72,700
h)Muzariba returns:
Rs Nil
i) Cash credit retu:
Rs 37,000.
j) Investments:
Rs 66,000.
k)Safekeeping deposits :
Rs Nil .
Total receipts :
Rs 3,50,100.

*
3. Cases financed :
Four .
*
4. General membership granted: 14.
*
5. Associate membership granted : Three
*
Notes :
1. The overall financial status of the coop. as on Ending Sept. 2018. is being ascertained and will be shared soon. Inshaallah.
2. For any further details or clarification feel free to contact 9469719408, 9797133710.
Hon.Exe officer
CCL.

CRESCENT COOP . LTD(CCL )
H.O :Gen.bus Stand Islamabad, Kashmir.
*
(A Registered Autonomous Interest Free Financial Institution )
*
Financial Status Of The cooperative.
As on Ending August 2018.
*
Part A. Liabilities
1. Share capital :
Rs 45,500.
2. Investments :
Rs 12,09,000.
3. Safekeepings :
Rs 3,75,000.
4. Saving deposits :
Rs 95,150.
5. Loans :
Rs 1,00,000.
Total Liabilities :
Rs 18,24,650.
*
Part B. Assets.
1. Muzariba credits :
Rs 2,00,000.
2. Musharika credits :
Rs 4,47,000.
3.Murabaha credits :
Rs 9,93,040.
4. Special cash credits:
Rs 1,27,000.
5. Fluidity Reserves :
Rs 43,000.
*
Part C Other details
1)No.of general members : 91.
2) No. of associate members : 13.
2. Cases sponsored :
64.
3. Current Cases :
28.
4. Credit Deposit Ratio :96.84%

For any other details feel free to contact Hon.Executive Officer CCL.
9797133710.

CRESCENT COOP. LTD
H.O : Gen.bus Stand Islamabad, Kashmir.
*
A Registered, Autonomous Interest Free Financial Institution.
*
(Monthly update )
August 2018
*
1. PAYMENTS DURING THE MONTH. a) Advances : i)UnderMurabah.:
Rs 81,867.
ii UnderMusharika:
Rs 150,000
iii) Special Cash credits: Rs 30,000.
b) Fluidity deposits :
Rs Nil
c) Safekeeping deposits returned:
Rs 50,000.
d) Special loans returned :
Rs 40,000.
e) Cooperative education expenses :
Rs Nil .
f) Miscellaneous expenses :
Rs Nil .
g) Saving deposits returned :
Rs Nil .
TOTAL PAYMENTS :
Rs 3,51,867.
*
2) RECEIPTS DURING THE MONTH
a) Cost of forms:
Rs 150.
b) Membership fee :
Rs 300.
c) Profits :
Rs 4,300.
d) Share capital :
Rs 1500.
e) Saving deposits :
Rs 5,600.
f) Musharika return
Rs 30,000.
g) Murabah returns:
Rs 1,83,267.
h)Muzariba returns:
Rs Nil .
i) Cash credit retu:
Rs 72,500.
j) Investments:
Rs 10,000.
K) Safekeeping deposits received :
Rs 99,500.
L) Loans:
Rs 25,000.
TOTAL RECEIPTS :
Rs 4,32,1167.
*
3. Cases financed :
Four.
*
4. General membership granted: Three
*
5. Associate membership granted : Nil.
*
Notes :
1. The overall financial status of the coop. as on Ending August 2018 is being ascertained and will be shared soon. Inshaallah.
2. For any further details or clarification feel free to contact 9469719408, 9797133710.
Hon.Exe officer
CCL.

Recent Events

1. Awareness meet regarding prohibition of Riba in Islam and the role of CCL as an Interest Free Financial Institution was successfully held on 2nd September 2018 at AL-FURQAN Computer Centre Rambag Srinagar.

Part A. Liabilities

1. Share capital : Rs 44,000.

2. Investments: Rs 11,69,000.

3. Safekeepings: Rs 3,25,500.

4. Saving deposits : Rs 89,550.

5. Loans : Rs 1,15,000.

Total Liabilities : Rs 17,43,050.

Part B. Assets.

1. Muzariba credits : Rs 2,00,000.

2. Musharika credits : Rs 3,27,000.

3. Murabaha credits : Rs 10,89,440.

4. Special cash credits : Rs 1,69,500.

5. Fluidity Reserves : Rs 43,000.

Part C. Other details

1. No. of general members : 88

2. No. of associate members : 13.

3. Cases sponsored : 60.

4. Current Cases : 29.

5. Credit Deposit Ratio : 102.4%.

For any further details feel free to contact

Hon.Executive Officer CCL.

9797133710

9469719408.