Common use of Customer’s liabilities Clause in Contracts

Customer’s liabilities. 7.1 The Customer shall be fully liable and responsible for all consequences arising from or in connection with the use of the Service and/or access to any information as a result of such use by the Customer or any other person(s) whether or not authorized. 7.2 The Customer will be liable for any loss of funds arising from any unauthorized transaction if the loss occurs before the Customer notifies the Bank that the Customer's login credentials has been misused, lost or stolen provided that the Bank has received such notification at a time or under circumstances that renders the Bank able to act upon such notification. 7.3 The Customer will be responsible for all losses (including the amount of any transaction carried out without the Customer's authority) if the Customer has acted with negligence so as to facilitate any unauthorized transaction(s), or if the Customer has acted fraudulently. For the purposes of this, Clause 7.3, negligence shall be deemed to include failure to observe any of the Customer's security duties referred to in these Terms and Conditions, and the User Guide. 7.4 Customer shall be solely responsible for ensuring that the online system used by him for accessing the Bank’s electronic channel “Al Islami Business Online” is secured from viruses, hacking, bugs, any threats that may disclose the login credentials to un-authorized persons/parties or lead to distorting/altering Customer’s Commands delivered to the Bank through the electronic channel “Al Islami Business Online” and the Customer shall be held responsible and liable for any altered, deleted or duplicated Command made by him through the online portal.

Customer’s liabilities. 7.1 6.1 The Customer shall be fully liable and responsible for all consequences arising from or in connection with the use of the Service and/or access to any information as a result of such use by the Customer or any other person(s) whether or not authorized. 7.2 6.2 The Customer will be liable for any loss of funds arising from any unauthorized transaction if the loss occurs before the Customer notifies notifies the Bank that the Customer's ’s login credentials has been misused, lost or stolen provided that the Bank has received such notification notification at a time or under circumstances that renders the Bank able to act upon such notificationnotification. 7.3 6.3 The Customer will be responsible for all losses (including the amount of any transaction carried out without the Customer's ’s authority) if the Customer has acted with negligence so as to facilitate any unauthorized transaction(s), or if the Customer has acted fraudulently. For the purposes of this, Clause 7.36.3, negligence shall be deemed to include failure to observe any of the Customer's ’s security duties referred to in these Terms and Conditions, and the User Guide. 7.4 6.4 Customer shall be solely responsible for ensuring that the online system used by him for accessing the Bank’s electronic channel “Al Islami Business Online” is secured from viruses, hacking, bugs, any threats that may disclose the login credentials to un-authorized persons/parties or lead to distorting/altering Customer’s Commands delivered to the Bank through the electronic channel “Al Islami Business Online” and the Customer shall be held responsible and liable for any altered, deleted or duplicated Command made by him through the online portal.

Customer’s liabilities. 7.1 i. The Customer shall be fully liable and responsible for all consequences arising from or in connection with the use of the Service and/or access to any information as a result of such use by the Customer or any other person(s) whether or not authorized. 7.2 ii. The Customer will be liable for any loss of funds arising from any unauthorized transaction if the loss occurs before the Customer notifies the Bank that the Customer's login credentials has been misused, lost or stolen provided that the Bank has received such notification at a time or under circumstances that renders the Bank able to act upon such notification. 7.3 iii. The Customer will be responsible for all losses (including the amount of any transaction carried out without the Customer's authority) if the Customer has acted with negligence so as to facilitate any unauthorized transaction(s), or if the Customer has acted fraudulently. For the purposes of this, this Clause 7.3iii, negligence shall be deemed to include failure to observe any of the Customer's security duties referred to in these Terms and Conditions, and the User Guide. 7.4 iv. Customer shall be solely responsible for ensuring that the online system used by him for accessing the Bank’s electronic channel “Al Islami Business Online” is secured from viruses, hacking, bugs, any threats that may disclose the login credentials to un-authorized persons/parties or lead to distorting/altering Customer’s Commands delivered to the Bank through the electronic channel “Al Islami Business Online” and the Customer shall be held responsible and liable for any altered, deleted or duplicated Command made by him through the online portal.

Customer’s liabilities. 7.1 6.1 The Customer shall be fully liable and responsible for all consequences arising from or in connection with the use of the Service and/or access to any information as a result of such use by the Customer or any other person(s) whether or not authorized. 7.2 6.2 The Customer will be liable for any loss of funds arising from any unauthorized transaction if the loss occurs before the Customer notifies notifies the Bank that the Customer's login credentials has been misused, lost or stolen provided that the Bank has received such notification notification at a time or under circumstances that renders the Bank able to act upon such notificationnotification. 7.3 6.3 The Customer will be responsible for all losses (including the amount of any transaction carried out without the Customer's authority) if the Customer has acted with negligence so as to facilitate any unauthorized transaction(s), or if the Customer has acted fraudulently. For the purposes of this, Clause 7.3, negligence shall be deemed to include failure to observe any of the Customer's security duties referred to in these Terms and Conditions, and the User Guide. 7.4 6.4 Customer shall be solely responsible for ensuring that the online system used by him for accessing the Bank’s electronic channel “Al Islami Business Online” is secured from viruses, hacking, bugs, any threats that may disclose the login credentials to un-authorized persons/parties or lead to distorting/altering Customer’s Commands delivered to the Bank through the electronic channel “Al Islami Business Online” and the Customer shall be held responsible and liable for any altered, deleted or duplicated Command made by him through the online portal. 7.1 The Bank will take reasonably practical steps to ensure that its systems in connection with the Service are installed with adequate security designs and to control and manage the risks in operating the systems, taking into account any law, rules, regulation, guidelines, circulars, codes of conduct and prevailing market practices that may be applicable from time to time. 7.2 Where the Customer’s identity verification is conducted online, the Bank shall apply more than one evidence of identity verification for electronic services. The Bank shall advise the Customer regarding any directed and repeated attempts of online fraud on his/her accounts for the Customer to take additional precautions. 7.3 The Bank does not warrant or represent that the Service and any information provided by the Service are free from virus or other destructive features which may adversely affect the Customer's hardware, software or equipment. As such, the Bank shall not be liable to the Customer for any loss or damage incurred by the Customer in the event that unauthorized transactions are effected on the Customer’s accounts even in the absence of any negligence on his part. Further, the Bank shall not be liable to the Customer for any loss or damage resulting from computer viruses or other similar features which may affect the Customer’s computer equipment. 7.4 In no event shall the Bank be liable to the Customer or any other person(s) for any incidental, indirect, special, consequential or exemplary damages including, without limitation, any loss of use, revenue, profit or savings. 7.5 The Customer acknowledges that all information provided through the Service is made available for reference only and is not intended for trading or other purposes, and that the Bank is not an investment or commercial advisor to the Customer. 7.6 No warranty, representation or guarantee of any kind with respect to the information provided or obtained through the Service is given or may be implied, including without limitation, the sequence, accuracy, truth, reliability, adequacy, timeliness or completeness of any information, whether they are fit for any purpose, and no employee or agent of the Bank is authorized to give any such warranty, representation or guarantee. The Bank assume(s) no liability (whether in tort or contract or otherwise) for any reliance on information provided or obtained through the Service by the Customer or any other person. 7.7 The Customer acknowledges that it is the Customer's responsibility to determine independently market prices and rates for trading purposes through the Customer's usual trading channels, to verify information provided or obtained through the Service before relying or acting on it and to seek independent professional advice on legal, tax and other issues in connection with the use of the Service, information provided or obtained through the Service, the conduct of transactions pursuant to such use and these Terms and Conditions which may affect the Customer under all applicable laws. 7.8 The information provided or obtained through the Service will be made available as it is supplied and identifying, where relevant, the information provider directly supplying it to theBank. The Bank does not endorse or express any comment on any information supplied by any information provider nor assume any duty to check or verify any information. 8- Security: 8.1 The Customer is responsible for acquiring and maintaining any equipment required for the Customer's continued access to and use of the Internet Site (such as the Customer's telephone or computer) and for the Customer's own computer's anti-virus software and security measures. 8.2 The Customer confirms that it has assessed the security features of internet banking and has determined that they are adequate to protect each of the Corporate Users and the Customer's interests in using the Service. 8.3 The Customer agrees to ensure that each of the Customer's Corporate Users complies with these Terms and Conditions and any security procedures mentioned or referred to in it including, without limitation, the security recommendations contained in the User Guide. 8.4 If the Customer suspects any impropriety on the part of any Corporate User in connection with the Service or a Corporate User leaves the Customer's business, the Customer must take all steps available to ensure that the Corporate User is unable to access the Service. The Customer further undertakes to notify the Bank immediately to terminate such Corporate User's access to the Service. 9-

Customer’s liabilities. 7.1 6.1 The Customer shall be fully liable and responsible for all consequences arising from or in connection with the use of the Service and/or access to any information as a result of such use by the Customer or any other person(s) whether or not authorized. 7.2 6.2 The Customer will be liable for any loss of funds arising from any unauthorized transaction if the loss occurs before the Customer notifies notifies the Bank that the Customer's ’s login credentials has been misused, lost or stolen provided that the Bank has received such notification notification at a time or under circumstances that renders the Bank able to act upon such notificationnotification. 7.3 6.3 The Customer will be responsible for all losses (including the amount of any transaction carried out without the Customer's ’s authority) if the Customer has acted with negligence so as to facilitate any unauthorized transaction(s), or if the Customer has acted fraudulently. For the purposes of this, Clause 7.3, negligence shall be deemed to include failure to observe any of the Customer's ’s security duties referred to in these Terms and Conditions, and the User Guide. 7.4 6.4 Customer shall be solely responsible for ensuring that the online system used by him for accessing the Bank’s electronic channel “Al Islami Business Online” is secured from viruses, hacking, bugs, any threats that may disclose the login credentials to un-authorized persons/parties or lead to distorting/altering Customer’s Commands delivered to the Bank through the electronic channel “Al Islami Business Online” and the Customer shall be held responsible and liable for any altered, deleted or duplicated Command made by him through the online portal.