TO AL BARAKA BANK PAKISTAN

Al Baraka Bank (Pakistan) Limited is a financial institution, not a factory or a trader. It is a commercial bank operating under Islamic financing principles.

Company Introduction:

Al Baraka Bank (Pakistan) Limited is a Shari'a-compliant Islamic bank in Pakistan. It is a subsidiary of the Bahrain-based Al Baraka Banking Group (ABG), a leading international Islamic banking group. The bank offers a comprehensive range of Islamic banking products and services to its customers, catering to retail, corporate, and investment banking needs.

The bank operates with a strong commitment to Islamic finance principles, ensuring all its operations and products adhere strictly to Shari'a law. Its services include current and savings accounts, financing facilities (murabaha, ijarah, musharaka, etc.), trade finance, treasury services, and various digital banking solutions. Al Baraka Bank (Pakistan) Limited has established a significant network of branches across major cities in Pakistan, aiming to provide accessible and ethical banking solutions to a wide customer base. It plays a role in promoting Islamic finance and contributing to the economic development of Pakistan within an ethical framework.

Al Baraka Bank Pakistan offers a comprehensive range of Shariah-compliant banking products and services. These include:

Personal Banking:

Current Accounts

Savings Accounts

Mudarabah Investment Accounts (Term Deposits)

Auto Ijarah (Car Financing)

Home Musharakah (Home Financing)

Personal Finance

Debit Cards (MasterCard and PayPak)

Internet Banking

Mobile Banking

ATM Services

Remittance Services

Bancassurance

Business Banking (SME and Corporate):

Business Current Accounts

Business Investment Accounts

Trade Finance (Letters of Credit, Letters of Guarantee, Import/Export Financing)

Working Capital Finance (Murabaha, Musawamah)

Term Finance

Project Finance

Supply Chain Finance

Agriculture Banking:

Agriculture Finance (Murabaha, Ijarah for agricultural inputs and equipment)

Treasury and Financial Institutions:

Foreign Exchange Services

Interbank Placements

Sukuk Investments