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Many Islamic Banks are working in Pakistan.The list of banks is given below: Meezan Bank Limited; Soneri Mustaqeem Islamic Bank; Dubai Islamic Bank; Al Baraka Bank (Pakistan) Limited - Al Baraka Bank
Dubai Islamic Bank Pakistan: Dubai Islamic Bank Pakistan was established in 2006 as a fully owned subsidiary. Panin Dubai Syariah Bank: 38.3% ownership in a Shariah-compliant player in Indonesia, which has one of the largest Muslim populations in the world. Bank of Khartoum: DIB holds a stake in Bank of Khartoum, one of the largest banks in Sudan.
On the 26th of September 2005, Dubai Bank joined the sponsors and became one of the founding shareholders of BankIslami by investing 18.75% in the total capital. The bank started its operations on 7 April 2006 and began offering shariah-compliant retail banking , investment banking , consumer banking , and trade finance products.
Al Baraka (Pakistan) Limited (ABPL) (Urdu: البراکہ بینک پاکستان) is a Pakistani Islamic bank headquartered in Karachi. [2] It is a subsidiary of the Al Baraka Banking Group, a Bahrain-based Islamic banking group. [3] It came into being as a result of the first merger in the Islamic Banking sector of Pakistan. [4]
Burj Bank Limited, formerly known as Dawood Islamic Bank Limited (DIBL), now merged into Al Baraka Bank, [2] was Pakistan's sixth full-fledged Islamic commercial bank. [3] The bank received its license from the State Bank of Pakistan in May 2006, [4] and officially commenced its operations on Friday, April 27, 2007.
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]
State Bank of Pakistan Museum & Art Gallery This page was last edited on 12 January 2020, at 06:43 (UTC). Text is available under the Creative Commons ...
The following is a list of banks in the Arab World.The modern system of Arab banks was created in Egypt in the late 19th century, with the campaign of modernizing the country.