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Faysal Bank Limited (Urdu pronunciation: [ˈfɛj.səl bɛŋk] FAY-sul-BANK) is a Pakistani Islamic bank based in Karachi. [2] [3] Founded as Al-Faysal Investment Bank in 1995, it became an Islamic bank in 2023. It is named after Mohammed bin Faisal Al Saud. Over the years, Faysal Bank has been involved in multiple controversies.
UBL Islamic Banking; HBL Islamic Banking; NBP Islamic Banking; Bank Al Habib Islamic Banking; Bank of Punjab Islamic Banking; Faysal Bank (Islamic) HabibMetro (Sirat Islamic Banking) Silk Bank (Emaan Islamic Banking) Bank Of Khyber (Islamic Window) These are the names of Islamic banks having accreditation licenses from the State Bank of Pakistan.
The 2011–12 Faysal Bank T20 Cup was the eighth season of the Faysal Bank T20 Cup in Pakistan, sponsored by Faysal Bank.The season was to begin in the final week of September in Lahore but due to an outbreak of dengue fever, the tournament was shifted to Karachi. [1]
Faisal Islamic Bank of Egypt SAE is a "shariah-compliant" financial institution based in Egypt and headquartered in Cairo, with a market capitalization of $402 million as of September 2016. [ 1 ] [ 2 ] It is a joint-stock company and was incorporated in 1977 but started operating in 1979. [ 1 ]
As ownership of the title sponsor changed, the competition was renamed to the RBS Twenty-20 Cup in 2008–09, and to the Faysal Bank Twenty-20 Cup in 2010–11. In the 2014–15 season, the league was renamed to the Haier T20 Cup. Sialkot Stallions have been the most successful team, winning the title a total of six times.
Meezan Bank was founded as an Islamic investment bank in 1997 by Noor Financial, Pak Kuwait Investment Company, and Islamic Development Bank. [5] It was then known as Al-Meezan Investment Bank. [6] In 2000, Meezan Bank was listed on the Karachi Stock Exchange. [7] In 2002, Meezan Bank acquired Pakistan operations of Société Générale. [8]
The bank's initial public offering in July of 1791 was the largest such event in the young country's history, as the $8 million of offered shares were quickly snapped up by the nation's elite.
The 2011 Faysal Bank Super Eight T20 Cup was the first season of the Faysal Bank Super Eight T20 Cup. The tournament was held from 24 June in Faisalabad, [1] between the top eight teams from the 2010–11 Faysal Bank T20 Cup. The winners were awarded ₨ 2.5 million in prize money while the runners-up received ₨ 1 million. [2]