Page 27 - English Book.cdr

MODULE 2

Session 3 Financial Service in Pakistan
s

Time 45minutes

During this session, learners will:
Learning
Discuss the importance of the financial services being offered
Objec ves Provide an overview of the financial sector and Islamic finance

Knowledge of financial services and savings products being offered

Materials 4 Story related to financial services, Islamic finance and savings products Link to earlier learning

15
Financial Sector and Financial Services
minutes
Listen to the following story:

Samina talking to her mother Naz. Samina
wanted know what was the bank that was
near to their house. Naz explained to
Samina that a bank in Pakistan was an

ins tu on where a person take and store
his or her money to save and also to ask You can use
and receive loans. Samina said that he did other local
story about
not understood the difference between a the
importance of
loan and a saving. Naz replied that a saving saving
products.
was a deposit of money that one person
stored on a bank and that a credit or loan was money received from the bank when a

person needed money. The person had to pay back the money of the loan in full to the
bank with a cost that is called interest.

Ask: What did you learn from the story? {The Banks take money from people that
have savings and lend the money to people that need it.]

What type of financial services do the banks offer? {Savings and Credits]

Say: Please answer the following ques ons by answering yes or not.
1. You open a savings account to keep your money in a safe place. Yes / No

2. When you need money you can get it from the bank Yes / No

Child & Youth Financial Literacy Program www.cyflp.com.pk 20