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BankIslami Pakistan LTD. ( بینک اسلامی پاکستان لمیٹڈ) is a Pakistani Islamic bank based in Karachi, Pakistan. [2] It has 400+ branches in 150 cities in Pakistan. It is the first Islamic commercial bank to receive the Islamic banking license under the Islamic banking policy of 2003 from the State Bank of Pakistan on March ...
MCB Bank. Website. mcbislamicbank .com .pk. MCB Islamic Bank is a Pakistani Islamic bank which is a subsidiary of MCB Bank. It was established in 14 September 2015. [1] In 2015, MIB was established as a demerger from MCB and NIB Bank for Rs. 7.9 billion. [2]
Suroor Investments (26.59%) [2] Number of employees. 1,645 [1] (2022) Parent. Suroor Investments Limited. Website. bankmakramah .com. Former Summit Bank's branch in Karachi. Bank Makramah Limited ( Urdu: بینک مکرمہ لمیٹڈ ), formerly Summit Bank, is a Pakistani Islamic bank based in Karachi, Pakistan.
Faysal Bank started in Pakistan in October 1987, with a tiny branch and as a subsidiary of Faysal Islamic Bank, a Bahraini bank owned by Mohammed bin Faisal Al Saud, the son of the late King Faisal of Saudi Arabia. [4] [5] The bank was part of a broader initiative by the Dar al-Maal al-Islami Trust (DMI), a Geneva-based organization founded in ...
Bank Alfalah Limited, formerly Habib Credit and Exchange Bank, (بینک الفلاح لمیٹڈ) is a Pakistani retail bank that is a subsidiary of the Emirati company Abu Dhabi United Group. [2] It is one of the largest private banks in Pakistan with a network of more than 890 branches in more than 200 cities across Pakistan with an ...
Islamic banking, Islamic finance ( Arabic: مصرفية إسلامية masrifiyya 'islamia ), or Sharia-compliant finance [1] is banking or financing activity that complies with Sharia (Islamic law) and its practical application through the development of Islamic economics. Some of the modes of Islamic finance include mudarabah (profit-sharing ...
EXIM Bank of Pakistan. EXIM Bank of Pakistan or Export Import Bank of Pakistan is a Development Finance Institution owned by the Government of Pakistan to stimulate the growth and diversification of the country's exports and assist in the implementation of import substitution plans. [3] [4] [5] [6]
Consumer banking. Total assets. $1.1 billion [1] Parent. Al Baraka Banking Group. Website. Official website. Al Baraka (Pakistan) Limited (ABPL) ( Urdu: البراکہ بینک لمیٹڈ پاکستان) is a Pakistani Islamic bank headquartered in Karachi, Pakistan. It is a subsidiary of the Al Baraka Banking Group, a Bahrain-based Islamic ...