KARACHI, December 13, 2024: BankIslami has proudly secured the 2024 Euro Clearing Quality Recognition Award from J.P. Morgan, in recognition of its outstanding achievement in the financial services sector. The award honors BankIslami’s remarkable MT202 STP (Straight Through Processing) rate of 99.37%, a key indicator of the bank’s exceptional operational efficiency and commitment to excellence….
Karachi, 12 November 2024: In a significant move for digital banking in Pakistan, BankIslami has launched a revamped mobile app that combines advanced security features with user-friendly functionality, marking a new era in secure and accessible banking for customers nationwide. This redesigned app offers a comprehensive suite of banking services, designed to empower users to…
KARACHI, November 06 2024: BankIslami, a leading Islamic financial institution in Pakistan, has launched a significant initiative to promote its riba-free (interest-free) banking services to individuals of diverse backgrounds and faiths underscoring the bank’s commitment to ethical and inclusive banking practices. Riba, or interest, is prohibited in many religions due to its perceived unjust nature….
Karachi, October 10, 2024: BankIslami Pakistan Limited, a leading financial institution, announces a significant milestone in strengthening its presence with the opening of its 500th branch in Nankana Sahib. This achievement reflects the bank’s unwavering commitment to delivering equal services, and exceptional customer care, ensuring complete financial security, upholding the core principles of the Islamic…
KARACHI, July 12, 2020: Some Rs 1.68 billion penalty has been imposed by the central bank on 15 bank for on deficiencies in regulatory compliance and does not constitute a comment on the financial Soundness Of the entity. These fines were imposed on United Bank Ltd, JS Bank Ltd, Meezan Bank Ltd, Faysal Bank Ltd,…