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The State Bank of Pakistan declared BankIslami Pakistan Limited as a Scheduled Bank with effect from 17 March 2006. BankIslami started its banking operations on 7 April 2006 with its first branch in SITE, Karachi. By the end of 2006, the bank had 10 branches, nine in Karachi and one in Quetta. The bank further concentrated on building a ...
t. e. Islamic banking, Islamic finance ( Arabic: مصرفية إسلامية masrifiyya 'islamia ), or Sharia-compliant finance [1] is banking or financing activity that complies with Sharia (Islamic law) and its practical application through the development of Islamic economics. Some of the modes of Islamic finance include mudarabah (profit ...
Dubai Islamic Bank Pakistan: Dubai Islamic Bank Pakistan was established in 2006 as a fully owned subsidiary. Panin Dubai Syariah Bank: 38.3% ownership in a Shariah-compliant player in Indonesia, which has one of the largest Muslim populations in the world. Bank of Khartoum: DIB holds a stake in Bank of Khartoum, one of the largest banks in Sudan.
Islam by country. Islam is the largest and the state religion of the Islamic Republic of Pakistan. Pakistan has over 236 Million adherents of Islam (including the administrative territory of Azad Kashmir [ 6] and Gilgit Baltistan [ 7] ). [ 8][ 9] As much as 90% of the population follows Sunni Islam.
Islamabad (/ ɪ z ˈ l ɑː m ə b æ d /; [7] Urdu: اسلامآباد, romanized: Islāmābād, listen ⓘ; transl. 'City of Islam') is the capital city of the Islamic Republic of Pakistan. [8] It is the country's ninth-most populous city with a population of over 1.2 million people [ 5 ] [ 9 ] and is federally administered by the ...
Jamiat Ulema-e-Hind. Tablighi Jamaat. v. t. e. Darul Uloom Karachi ( Urdu: دارالعلوم کراچی) is a Madrasa in Karachi, Pakistan. It was founded by Muhammad Shafi Deobandi in June 1951 at Nanak Wara and later on it transferred to Korangi, Karachi, on March 17, 1957. [1] It continues the tradition of the Darul uloom system initiated ...
Jamaat-e-Islami ( Urdu: جماعتِ اسلامی, English: Islamic Party; abbreviated JI ), or Jamaat as it is commonly known, is an Islamist political party based in Pakistan and founded by Abul Ala Maududi . It is the Pakistani successor to Jamaat-e-Islami, which was founded in colonial India in 1941. [ 9] Its objective is the transformation ...
MCB Bank Limited. MCB Islamic Bank Limited. Meezan Bank Limited. National Bank of Pakistan (NBP) Soneri Bank Limited. Standard Chartered Bank (Pakistan) Limited (SC Pakistan) Sindh Bank. The Bank of Tokyo-Mitsubishi UFJ (MUFG Bank Pakistan) United Bank Limited (UBL)