THE BANK OF KHYBER ISLAMIC

THE BANK OF KHYBER ISLAMIC is a financial institution, specifically a commercial bank. It is neither a factory nor a trading company.

Company Introduction:

The Bank of Khyber (BOK) is a provincial government-owned commercial bank in Pakistan, established in 1991. Headquartered in Peshawar, Khyber Pakhtunkhwa, BOK operates as a universal bank offering a comprehensive range of banking and financial services. It is known for its dual-mode operations, providing both conventional and Islamic banking products and services to its diverse clientele, which includes individuals, businesses, and government entities. Its Islamic banking division adheres to Sharia principles, offering ethical and interest-free financial solutions across various segments like corporate, commercial, retail, and agriculture. The bank plays a significant role in the economic development of the Khyber Pakhtunkhwa province and beyond, through its extensive branch network and various financial inclusion initiatives, aiming to provide accessible and compliant financial services to the population.

THE BANK OF KHYBER ISLAMIC offers a range of Sharia-compliant financial products and services, primarily focused on banking and investment rather than manufacturing physical goods. These include:

Retail Banking Products

Current Accounts (Wadiah)

Savings Accounts (Mudarabah)

Term Deposit Accounts (Mudarabah)

Islamic Home Financing (Diminishing Musharakah)

Islamic Auto Financing (Murabahah or Ijarah)

Personal Financing (Murabahah)

Debit Cards

Mobile Banking

Internet Banking

Remittance Services

Corporate and Commercial Banking Products

Working Capital Financing (Murabahah, Musharakah)

Project Financing (Musharakah, Istisna)

Trade Finance (Islamic Letters of Credit, Letters of Guarantee)

Equipment Financing (Ijarah)

Syndicated Financing

Cash Management Services

SME Banking Products

Small and Medium Enterprise Financing (Murabahah, Musharakah)

Business Current and Savings Accounts

Treasury and Investment Products

Interbank Placements (Mudarabah)

Investment in Sukuk (Islamic Bonds)

Foreign Exchange Services

Other Services

Locker Facilities

ATM Services

Branch Banking Services