BANK AL HABIB LIMITED ISLAMIC BANK

Bank Al Habib Limited is a financial institution, specifically a commercial bank, not a factory or a trading company.

Company Profile:

Nature of Business: Financial Institution (Commercial Bank)

Overview:

Bank Al Habib Limited is one of the leading private sector commercial banks in Pakistan. Established in 1991, it provides a comprehensive range of banking and financial services to individuals, businesses, and corporations across the country. While it operates as a conventional bank, it also has a dedicated Islamic Banking Division that offers Sharia-compliant products and services, catering to customers seeking Islamic financial solutions.

Key Services:

Retail Banking: Current and savings accounts, consumer loans (auto finance, home finance), debit and credit cards, ATM services, mobile banking, internet banking.

Corporate Banking: Working capital finance, project finance, trade finance, syndicated loans, cash management solutions.

Islamic Banking: Sharia-compliant financing products (Murabaha, Ijarah, Musharakah), Islamic deposits, and other Islamic financial services.

Treasury Services: Foreign exchange, money market operations, government securities.

International Banking: Remittances, import and export financing.

Headquarters: Karachi, Pakistan

Operations: The bank operates an extensive network of branches throughout Pakistan, along with international branches in Bahrain and an offshore banking unit in Pakistan.

Mission: To provide efficient, reliable, and innovative financial services to its customers while maintaining ethical standards and contributing to the economic development of Pakistan.

Bank Al Habib Limited is a publicly listed company on the Pakistan Stock Exchange and is recognized for its strong financial performance, customer-centric approach, and commitment to technological advancement in banking.

BANK AL HABIB LIMITED ISLAMIC BANK offers a range of Shariah-compliant products and services.

Deposit Products:

Al Habib Current Account - Islamic

Al Habib Savings Account - Islamic

Al Habib Remunerative Account - Islamic (based on Mudarabah)

Al Habib Fixed Term Deposit - Islamic (based on Mudarabah)

Al Habib Senior Citizen Remunerative Account - Islamic (based on Mudarabah)

Al Habib Kids Remunerative Account - Islamic (based on Mudarabah)

Financing Products:

Al Habib Auto Ijarah (Car Financing)

Al Habib Home Musharakah (Home Financing)

Al Habib Business Finance (utilizing modes such as Murabaha, Ijarah, Musharakah)

Al Habib Shariah Compliant Trade Finance (for import and export, utilizing modes like Murabaha and Wakalah)

Other Services:

ATM/Debit Cards

Internet Banking

Mobile Banking

SMS Alerts

Locker Facility

Utility Bill Payments

Interbank Funds Transfer