TO THE ORDER OF AL BARAKA BANK PAK

Company Introduction: AL BARAKA BANK PAK

Business Type: Financial Institution (Bank)

Al Baraka Bank (Pakistan) Limited (ABPL) is a prominent Islamic bank operating in Pakistan. It is a subsidiary of the Bahrain-based Al Baraka Banking Group (ABG), a leading international Islamic banking group with a wide presence across the Middle East, Africa, and Asia.

ABPL is dedicated to providing a comprehensive range of Shariah-compliant financial products and services to its customers. These services cater to various segments, including retail banking, corporate banking, investment banking, and treasury operations. The bank aims to offer ethical and responsible financial solutions that adhere to Islamic principles.

With a growing network of branches across Pakistan, Al Baraka Bank plays a significant role in the country's Islamic finance sector, contributing to economic development through its diversified financial offerings and commitment to ethical banking practices.

Al Baraka Bank Pakistan Limited, as a financial institution, primarily offers a range of Sharia-compliant banking and financial products and services. They do not manufacture physical goods.

Their main offerings include:

Deposit Products

Savings Accounts

Current Accounts

Term Deposit Accounts (Fixed Deposits)

Islamic Saving Schemes

Financing Products

Home Financing (Murabaha, Ijarah)

Auto Financing (Murabaha, Ijarah)

Personal Financing (Murabaha)

Business and Corporate Financing (Murabaha, Musharakah, Mudarabah, Ijarah)

Small and Medium Enterprise (SME) Financing

Agriculture Financing

Trade Finance Services

Letters of Credit

Guarantees

Import and Export Financing

Treasury Services

Foreign Exchange Services

Interbank Placements

Digital Banking Services

Mobile Banking

Internet Banking

ATM Services

Debit Cards

Remittance Services

Local and International Money Transfers

Investment Products

Sharia-compliant Investment Funds (often in partnership with asset management companies)