BankIslami Pakistan Limited stands as a prominent Islamic bank headquartered in Karachi, boasting a network of over 400 branches in 150 cities across Pakistan. Launched as the first Islamic commercial bank under the Islamic banking policy of 2003, it received its license from the State Bank of Pakistan on March 31, 2005, and commenced operations on April 7, 2006.
The bank provides a wide range of Shariah-compliant services, including retail, investment, consumer, and trade finance banking. With a strategic emphasis on wealth management, BankIslami is set to roll out exclusive products and integrated financial planning services. Its expansion was bolstered by the merger with KASB Bank in 2015, elevating it to the 11th largest banking network in the country. Founded by MetaSol Ecom Business Consultants and the Randeree family, and supported by Dubai Bank as a key shareholder, BankIslami continues to lead with innovative Islamic banking solutions.
Contact Information
There are many ways to reach them, and they look forward to assisting you with any inquiries or needs.
BankIslami Pakistan Limited Head Office
| Location: | 11th Floor, Executive Tower One, Dolmen City, Marine Drive Block 4, Clifton, Karachi, Pakistan |
| UAN: | +92-21-111-247-111 |
| Fax: | +92 21-3537-8373 |
| Email: | info@bankIslami.com.pk |
| Website: | https://bankislami.com.pk/ |
BankIslami Pakistan Limited BIC / Swift Code
| BKIPPKKAXXX is the SWIFT code for BankIslami Pakistan Limited. | |||
| BKIP | PK | KA | XXX |
| Bank code | Country code | Location code | Branch code |
Products and Services Offered by BankIslami Pakistan Limited
BankIslami Pakistan Limited provides a diverse range of Shariah-compliant banking solutions designed to meet various financial needs. Here’s a look at their key offerings:
Personal Banking:
- Savings Accounts: Choose from a variety of Shariah-compliant savings options tailored to different financial goals.
- Current Accounts: Non-interest bearing accounts ideal for daily transactions.
- Fixed Deposits: Secure term deposits with profit rates aligned with Islamic principles.
- Debit Cards: Convenient, Shariah-compliant cards for everyday use.
- Personal Finance: Flexible financing solutions for personal needs, fully compliant with Islamic finance.
- Home Finance: Shariah-compliant options for buying or renovating your home.
- Auto Finance: Islamic banking solutions for vehicle financing.
- Credit Cards: Shariah-compliant credit cards offering various rewards and benefits.
Business Banking:
- Business Accounts: Specialized accounts for businesses, with features adhering to Islamic banking standards.
- Trade Finance: Facilitates international trade with Shariah-compliant letters of credit and financing solutions.
- Business Finance: Loans for working capital, expansion, and other business needs, all structured to comply with Islamic finance.
- Cash Management: Efficient solutions for managing business cash flows.
- Merchant Services: Payment processing and point-of-sale solutions compliant with Islamic principles.
Corporate Banking:
- Corporate Accounts: Tailored accounts for large corporations with Islamic banking features.
- Project Finance: Funding solutions for significant projects, compliant with Shariah principles.
- Structured Finance: Customized financial solutions for complex corporate needs.
- Treasury Services: Investment and risk management services adhering to Islamic finance.
- Investment Banking: Advisory services for mergers, acquisitions, and capital raising, all compliant with Shariah guidelines.
Wealth Management:
- Investment Advisory: Personalized investment strategies aligned with Shariah principles.
- Mutual Funds: Access to a range of Shariah-compliant mutual funds.
- Private Banking: Exclusive services for high-net-worth individuals, structured around Islamic finance.
- Retirement Planning: Solutions for retirement planning that comply with Islamic guidelines.
International Banking:
- Foreign Currency Accounts: Manage multiple currencies with Shariah-compliant accounts.
- International Remittances: Secure, compliant services for cross-border money transfers.
- Global Trade Services: Support for international trade transactions with Shariah compliance.
Digital Banking:
- Online Banking: Manage accounts and transactions securely online.
- Mobile Banking: Access banking services conveniently through a mobile app.
- ATMs: Extensive network of ATMs for cash withdrawals and more.
Other Services:
- Safe Deposit Boxes: Secure storage for your valuable items.
- Banking Advisory: Expert advice on financial matters within the framework of Islamic finance.
- Insurance Products: Shariah-compliant insurance solutions available through partnerships.
BankIslami Pakistan Limited is dedicated to providing comprehensive and innovative banking solutions that adhere to Islamic principles, catering to a wide range of personal, business, and corporate financial needs.