AI BARAKA BANK PAKISTAN LIMITED

AI BARAKA BANK PAKISTAN LIMITED Company Profile

AI Baraka Bank Pakistan Limited is a prominent Islamic financial institution operating in Pakistan. It is a subsidiary of the Bahrain-based Al Baraka Banking Group (ABG), a leading international Islamic banking group. The bank was established in Pakistan with the mission to provide Sharia-compliant banking products and services to its customers.

The bank offers a comprehensive range of Islamic banking solutions, including corporate finance, retail banking, treasury, and investment banking services. Its product portfolio includes current accounts, savings accounts, financing facilities for various sectors, trade finance, and digital banking solutions, all structured according to Islamic principles.

AI Baraka Bank Pakistan Limited emphasizes ethical banking practices, social responsibility, and sustainable development while adhering to the highest standards of financial integrity and customer service. It plays a significant role in the development of Islamic finance in Pakistan.

Business Nature: Financial Institution / Islamic Bank. It is neither a factory nor a trading company.

AI Baraka Bank Pakistan Limited offers a comprehensive range of Sharia-compliant banking products and services. These include:

Retail Banking

Current Accounts

Savings Accounts

Term Deposit Accounts (Mudarabah, Wakala)

Auto Finance (Ijara, Murabaha)

Home Finance (Diminishing Musharaka)

Personal Finance (Murabaha)

Debit Cards

Remittance Services

Corporate and Investment Banking

Working Capital Finance

Project Finance

Trade Finance (Murabaha, Musawamah, Wakala)

Syndicated Financing

Sukuk Issuance

Cash Management Solutions

SME and Commercial Banking

Financing for Small and Medium Enterprises

Business Accounts

Trade Finance for SMEs

Agricultural Banking

Financing for agricultural sector needs

Treasury and Financial Institutions

Interbank Placements

Foreign Exchange Services

Money Market Operations

Digital Banking

Internet Banking

Mobile Banking

ATM Services

Branchless Banking solutions