BANK AL HABIB LIMITED ISLAMIC

BANK AL HABIB LIMITED ISLAMIC is a financial institution, specifically a bank. It is neither a factory nor a trading company.

Company Introduction:

BANK AL HABIB LIMITED ISLAMIC operates as the Islamic banking division of Bank Al Habib Limited, a prominent commercial bank in Pakistan. It offers a comprehensive range of Shariah-compliant banking products and services to individuals, businesses, and corporate clients. These services include Islamic current accounts, savings accounts, financing options (such as Murabaha, Ijarah, and Musharakah), trade finance, and other investment solutions that adhere to Islamic principles. The bank aims to provide ethical and interest-free financial solutions, catering to the growing demand for Islamic banking in Pakistan. It leverages the extensive branch network and technological infrastructure of its parent company to deliver accessible and convenient services across the country.

BANK AL HABIB LIMITED ISLAMIC offers and sells a range of Shariah-compliant financial products and services. These typically include:

Retail Banking Products:

Islamic Current Accounts

Islamic Savings Accounts based on Mudarabah

Islamic Term Deposit Accounts based on Mudarabah

Islamic Auto Finance (Car Ijarah and Diminishing Musharakah)

Islamic Home Finance (Diminishing Musharakah and Ijarah)

Islamic Personal Finance (Murabaha for goods)

Islamic Credit Cards (based on Ujrah or Murabaha)

Debit Cards

Mobile Banking Services

Internet Banking Services

ATM Services

Remittance Services (local and international)

Bancatakaful (Islamic insurance products in partnership)

Corporate and Commercial Banking Products:

Working Capital Finance (Murabaha, Ijarah, Musharakah)

Project Finance (Musharakah, Istisna)

Trade Finance (Islamic Letters of Credit, Islamic Letters of Guarantee, Bills under Murabaha/Wakalah)

Term Finance (Ijarah, Diminishing Musharakah)

Syndicated Finance (in Shariah-compliant structures)

Treasury Products (Sukuk investments, interbank placements)

SME Banking Products:

Tailored financing solutions for Small and Medium Enterprises using Murabaha, Ijarah, and Diminishing Musharakah structures.

Agricultural Finance:

Shariah-compliant financing for agricultural needs.