TO THE ORDER AL BARAKA BANK PRIVAT

Company Type: Financial Institution (Bank)

Company Introduction:

Al Baraka Bank (Pakistan) Limited is a prominent Islamic financial institution operating in Pakistan. It is a subsidiary of the Al Baraka Banking Group B.S.C., an international Islamic banking group based in Bahrain. Al Baraka Bank (Pakistan) offers a comprehensive suite of Shariah-compliant banking products and services. These include retail banking, corporate and investment banking, and treasury services. The bank serves a diverse client base, including individuals, small and medium-sized enterprises, and large corporations. Its operations are guided by Islamic finance principles, providing ethical and responsible financial solutions through its extensive branch network across Pakistan. It is neither a factory nor a trader of physical goods.

Al Baraka Bank Pakistan Private Limited primarily offers a range of Shariah-compliant financial products and services. These include:

Retail Banking Products:

Savings Accounts

Current Accounts

Term Deposit Accounts

Personal Finance (e.g., Murabaha based)

Home Finance (e.g., Ijarah, Diminishing Musharakah)

Auto Finance (e.g., Ijarah, Murabaha)

Debit Cards

Mobile Banking Services

Internet Banking Services

ATM Services

Remittance Services

Corporate and Investment Banking Products:

Trade Finance (e.g., Murabaha, Wakala)

Project Finance

Working Capital Finance

Corporate Current Accounts

Treasury Services (e.g., Foreign Exchange)

Syndicated Financing

Cash Management Services

Wealth Management and Investments:

Investment Accounts (e.g., Mudaraba)

Advisory Services