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Meezan Bank was founded as an Islamic investment bank in 1997 by Noor Financial, Pak Kuwait Investment Company, and Islamic Development Bank. It was then known as Al-Meezan Investment Bank. In 2000, Meezan Bank was listed on the Karachi Stock Exchange. In 2002, Meezan Bank acquired Pakistan operations of Société Générale.
Alizz Islamic Bank (SAOC) was established in accordance to Royal Decree No. 69/2012 which amended the banking law to include Islamic banking at licensed banks through either specialized banks or independent entities at the existing commercial banks. Alizz Islamic Bank provides retail and corporate finance through branches, online and mobile ...
Al-Amanah Islamic Bank traces its roots to the Philippine Amanah Bank, established by President Ferdinand Marcos in 1973 by virtue of Presidential Decree No. 264. [1] With an initial capital of 100 million pesos, it was one of the world's first Islamic banks. [2] Its charter originally mandated it to provide financial services to the provinces ...
Islamic banking. Number of employees. 1,288 [1] (2017) Website. www .fibsudan .com. Faisal Islamic Bank of Sudan is an Islamic bank in Sudan. The bank describes itself as having "Islamic orientation" and "Sudanese features". [2] The Indian site Siasat Daily describes it as Sudan’s "largest lender", and one that as of 2016 "favours low-risk ...
In 1985, the al-Rajhi Banking and Investment Company was authorized to engage in interest-free banking, but on the condition that it did not use the word "Islamic" in its name. [2] Saudi Arabia does not officially recognize the concept of Islamic banking. The logic is that if one bank is recognized as an Islamic institution then all others, by ...
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USD 3.9 billion (Q4 2018) Number of employees. 3901 [3] Website. https://www.ahliunited.com. Ahli United Bank ( Arabic: البنك الأهلي المتحد) is a regional bank based in Bahrain. [4] Its head office is situated at Manama and is the largest bank in Bahrain. [5] [6] It is present in 8 countries in the Middle East and United Kingdom.
Total equity. Rs. 28.61 billion (US$99 million) [1] (2023) Number of employees. 4,170 [1] (2023) Website. www .soneribank .com. The Soneri Bank Limited is a Pakistani bank based in Karachi, Sindh, Pakistan. [2] [3] Its head office is located in the PNSC Building. It is a mid-sized bank having about over 400+ branches country-wide.
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