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Deutsche Bank AG (Deutsche Bank Pakistan) Citi Bank N.A (CitiBank N.A Pakistan) Industrial and Commercial Bank of China Limited (ICBC Pakistan) Bank of China [3] (Bank of China Pakistan Branch) The Hong Kong and Shanghai Bank (HSBC Bank Pakistan) The Bank of Tokyo-Mitsubishi UFJ (MUFG Bank Pakistan)
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.
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.
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]
In 1995, the branches of Faysal Islamic Bank were incorporated as Al-Faysal Investment Bank, a conventional bank in Pakistan and it took over the six branches of Faysal Islamic Bank of Bahrain E.C in Pakistan. [4] [9] In the same year, it was listed on Karachi Stock Exchange. [10] [11]
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.
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