KHYBER ISLAMIC BANKING BRANCH

Company Introduction:

KHYBER ISLAMIC BANKING BRANCH is a branch of Khyber Islamic Bank, which is a financial institution operating in Pakistan. It provides a range of banking services that adhere to Islamic Sharia principles. These services typically include deposit accounts, various forms of Islamic financing (such as Murabaha, Ijarah, Musharakah), remittances, and other financial facilities for individuals and businesses within its operational region, often the Khyber Pakhtunkhwa province. The bank aims to offer ethical and compliant financial solutions to its customers.

Nature of Business:

This entity is neither a factory nor a trading company. It is a service provider within the financial sector. Its core business is to offer banking and financial services, not to manufacture physical products or engage in the import/export or general trade of goods.

Khyber Islamic Banking Branch in Pakistan offers products and services including:

* **Mudarabah Deposits:** Investment accounts based on profit-sharing.

* **Murabaha Financing:** Cost-plus financing for various needs.

* **Ijara Financing:** Leasing arrangements compliant with Islamic principles.

* **Diminishing Musharaka:** A partnership-based financing method where the bank's share gradually decreases.

* **Islamic Home Finance:** Sharia-compliant financing for home purchases.

* **Business Financing:** Islamic financing solutions for businesses.

* **Agricultural Financing:** Sharia-compliant financing for agricultural activities.

* **Current Accounts:** Non-interest-bearing checking accounts.

* **Savings Accounts:** Profit-bearing savings accounts.

* **Remittance Services:** Services for sending and receiving money.

* **Takaful (Islamic Insurance):** Sharia-compliant insurance products.