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BankIslami launches Sukuk IPO

Karachi, April 13, 2020: BankIslami Pakistan Limited, while fulfilling its vision of providing innovative Shariah-compliant products and services to the customers, proudly announces Pakistan’s ‘First’ Initial Public Offering (IPO) of Additional Tier 1 Modarba Sukuk under the brand name of “BankIslami Ehad Sukuk”, which will be listed and traded on Pakistan Stock Exchange (PSX). The…

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BankIslami’s branch managers certified by LUMS on Islamic Finance

Karachi, March 06, 2020: BankIslami Pakistan Limited, in collaboration with the Centre for Islamic Finance of Lahore University of Management Science (LUMS) successfully conducted a certified program on Islamic Finance for its branch managers in Lahore. This capacity building initiative was aimed at equipping branch managers of BankIslami with essential Islamic Banking knowledge providing them…

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BankIslami’s Profit After Tax grew by 4.1 times to Rs. 1.1 bln for 2019

Karachi, March 01, 2020: The Board of Directors of BankIslami Pakistan Limited (‘The Bank’ or ‘BankIslami’) in their meeting held on February 27, 2020 in Karachi approved the Bank’s audited financial results for the year ended December 31, 2019. The year 2019 proved to be a remarkable year for BankIslami, where the Bank posted impressive financial…

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BankIslami Partners with Golootlo to provide discounts directly on BankIslami’s mobile app

Karachi, December 16, 2019: BankIslami entered into an agreement with Decagon Pakistan Pvt Ltd. (Golootlo) which shall allow the bank’s customers hassle-free access to all the Golootlo discounts available nationwide. BankIslami, one of the fastest-growing Banks in Pakistan, strives to serve its client’s needs through technological innovations and efficient banking solutions. Through this agreement, BankIslami…

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