Faysal Bank Limited, headquartered in Karachi, has a distinguished history in the Pakistani banking sector. Established in 1987 as a subsidiary of Faysal Islamic Bank, the bank originally focused on both conventional and Islamic banking. After a brief period of merger and restructuring in the early 2000s, which led to a shift away from its Shariah-compliant roots, Faysal Bank rebounded with significant growth. In 2010, it expanded its reach by acquiring RBS Pakistan, and under subsequent leadership, refocused on Islamic banking. By December 2022, Faysal Bank had fully transitioned into a Shariah-compliant institution, aligning itself with its original Islamic banking principles. Today, Faysal Bank continues to grow and innovate, providing a wide range of banking solutions across Pakistan.
Contact Information
There are many ways to reach them, and they look forward to assisting you with any inquiries or needs.
Faysal Bank Limited Head Office
Location: | Faysal House, ST-02, Shahrah-e-Faisal, Karachi Pakistan |
UAN: | +92-21-111-747-747 |
Email: | customercare@faysalbank.com |
Website: | https://www.faysalbank.com/ |
Faysal Bank Limited BIC / Swift Code
FAYSPKKAXXX is the SWIFT code for Faysal Bank Limited. | |||
FAYS | PK | KA | XXX |
Bank code | Country code | Location code | Branch code |
Products and Services Offered by Faysal Bank Limited
Faysal Bank Limited provides a diverse array of Shariah-compliant banking products and services designed to meet various financial needs. Here’s an overview of what they offer:
Personal Banking:
- Savings Accounts: Shariah-compliant accounts with tailored features.
- Current Accounts: Non-interest bearing accounts for everyday use.
- Fixed Deposits: Term deposits with competitive profit rates in line with Islamic principles.
- Debit Cards: Convenient cards adhering to Shariah guidelines.
- Personal Finance: Financing options for personal needs, structured according to Islamic finance principles.
- Home Finance: Solutions for purchasing or renovating homes, compliant with Shariah.
- Auto Finance: Vehicle financing options that meet Islamic banking standards.
- Credit Cards: Shariah-compliant credit cards offering various benefits.
Business Banking:
- Business Accounts: Accounts designed for businesses with Shariah-compliant features.
- Trade Finance: Services including letters of credit and import/export financing.
- Business Finance: Loans for working capital, expansion, and other needs, structured around Islamic finance.
- Cash Management: Solutions for efficient business cash flow management.
- Merchant Services: Payment processing and point-of-sale solutions compliant with Shariah.
Corporate Banking:
- Corporate Accounts: Custom accounts for large businesses and corporations.
- Project Finance: Shariah-compliant funding for significant projects.
- Structured Finance: Tailored financial solutions for complex corporate requirements.
- Treasury Services: Investment and risk management solutions following Islamic finance principles.
- Investment Banking: Advisory services for mergers, acquisitions, and capital raising, compliant with Shariah.
Wealth Management:
- Investment Advisory: Personalized strategies in line with Shariah principles.
- Mutual Funds: Access to Shariah-compliant mutual funds.
- Private Banking: Exclusive services for high-net-worth individuals, structured around Islamic finance.
- Retirement Planning: Solutions for financial security in retirement, adhering to Islamic guidelines.
International Banking:
- Foreign Currency Accounts: Accounts for managing international currencies in a Shariah-compliant manner.
- International Remittances: Secure services for cross-border money transfers.
- Global Trade Services: Support for international trade transactions, compliant with Shariah principles.
Digital Banking:
- Online Banking: Secure access to manage accounts and conduct transactions online.
- Mobile Banking: Convenient banking services via a mobile app.
- ATMs: Extensive network for cash withdrawals and other banking needs.
Other Services:
- Safe Deposit Boxes: Secure storage for valuable items.
- Banking Advisory: Expert advice on financial matters within the framework of Islamic finance.
- Insurance Products: Shariah-compliant insurance solutions through partnerships.
Faysal Bank’s comprehensive offerings cater to personal, business, and corporate needs, all while upholding the principles of Islamic finance.