Company Profile:
Al Baraka Islamic (Pakistan) is a bank, not a factory or a trading company.
Company Introduction:
Al Baraka Bank (Pakistan) Limited is a Sharia-compliant Islamic financial institution operating in Pakistan. It is a subsidiary of Al Baraka Banking Group, headquartered in Bahrain, which is a leading international Islamic banking group. Al Baraka Bank (Pakistan) offers a comprehensive range of Islamic banking products and services to its retail and corporate customers, adhering strictly to Islamic Sharia principles. Its services include current and savings accounts, financing facilities (Murabaha, Ijarah, Musharakah, Mudarabah), trade finance, and other Sharia-compliant financial solutions. The bank is committed to ethical and responsible banking practices, contributing to the economic development of Pakistan in accordance with Islamic values.
Enterprise Products
Al Baraka Bank (Pakistan) Limited offers a variety of Shariah-compliant financial products and services. These include:
Retail Banking Services:
Savings Accounts
Current Accounts
Term Deposit Accounts (e.g., Mudarabah based)
Home Financing (e.g., Ijarah, Murabaha)
Auto Financing (e.g., Ijarah, Murabaha)
Personal Financing
Debit Cards
Mobile Banking
Internet Banking
ATM Services
Remittance Services
Corporate and Commercial Banking Services:
Business Current Accounts
Working Capital Financing (e.g., Murabaha, Musharakah)
Project Financing (e.g., Istisna, Ijarah)
Trade Finance (e.g., Import Letters of Credit, Export Letters of Credit, Guarantees)
Supply Chain Financing
Cash Management Services
Treasury and Investment Services:
Interbank Placements
Sukuk Investments
Foreign Exchange Services
Business Registration Information:
Manager:
Mr. Muhammad Atif Hanif (Chief Executive Officer)
Phone:
E-mail:
customer.services@albaraka.com.pk
Official Website:
Address:
162-M, Phase II, Defence Housing Authority, Karachi, Pakistan
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