ALBARAKA BANK PAKISTAN LTD

ALBARAKA BANK PAKISTAN LTD

Nature of Business: It is neither a factory nor a trading company. It is a commercial bank.

Company Introduction:

Albaraka Bank Pakistan Limited (ABPL) is a prominent Islamic financial institution operating in Pakistan. It is a subsidiary of the Al Baraka Banking Group (ABG), a leading international Islamic banking group headquartered in Bahrain. ABPL is dedicated to providing a comprehensive range of Shariah-compliant banking products and services to its diverse clientele, which includes retail customers, corporate entities, and small and medium-sized enterprises (SMEs).

The bank's core mission is to offer ethical and responsible financial solutions that strictly adhere to Islamic principles. Its product portfolio encompasses various services such as current accounts, savings accounts, financing facilities (including Murabaha, Ijarah, and Musharakah), remittances, and other financial services, all meticulously structured to comply with Shariah law. Albaraka Bank Pakistan plays a significant role in fostering the growth and development of Islamic finance within the country. It operates through an extensive network of branches across Pakistan, striving to serve a broad customer base with its innovative and principled banking solutions.

List of products offered by ALBARAKA BANK PAKISTAN LTD:

1. Savings Accounts

2. Current Accounts

3. Term Deposit Accounts

4. Auto Financing

5. Home Financing

6. Personal Financing

7. Credit Cards

8. Debit Cards

9. Mobile Banking

10. Internet Banking

11. Trade Finance Services

12. Business Financing

13. SME Banking Solutions

14. Remittance Services

15. Treasury Products