KARACHI ( WEB NEWS ) Decagon Pakistan Pvt Ltd. (Golootlo) has entered into an agreement with BankIslami, which will allow the bank’s PayPak debit card customers to seamlessly access Golootlo discounts nationwide as part of the PayPak Loyalty Program. Customers with PayPak EMV Debit Cards issued by BankIslami will nowRead More →
BankIslami enables its account holders on NIFT ePay , BankIslami signs up with NIFT ePay for Digital Commerce Payments KARACHI (WEB DESK ) BankIslami, in line with its vision to enable and promote cash-less and digital payments, becomes the first Islamic bank to go live with NIFT ePay. National Institutional FacilitationRead More →
KARACHI ( WEB DESK ) BankIslami, Pakistan’s leading Islamic finance institution won 4 accolades at the prestigious 6th Islamic Retail Banking Awards (IRBA) 2020 adding another feather to its cap. BankIslami won the Critic’s Choice Best Islamic Retail Bank Award in Pakistan along with the Best Fintech Application Award for thisRead More →
KARACHI ( WEB DEK ) The President and CEO of BankIslami, Syed Amir Ali stressed upon the stakeholders in the financial and banking sector to develop the solutions, models, and procedures for overcoming the economic challenges in wake of the pandemic, while addressing the 4th International Conference on Islamic BankingRead More →
KARACHI (PRESS RELEASE) BankIslami inaugurated their biometric ATM at the Airmen Golf Club & Recreational Park (AGC&P) in Karachi recently by Syed Amir Ali, President & CEO BankIslami accompanied by Air-Vice Marshal, Ghulam Abbas Ghumman, SI (M), T. Bt Air Officer Commanding Southern Air Command. The bank also presented a golf cart toRead More →
KARACHI ( STAFF REPORT ) BankIslami, the country’s leading Islamic bank, has bagged one of the most prestigious national accolades this year by becoming the Brand of the Year 2019. The bank won in the Islamic Banking category in acknowledgment of its achievements in highlighting brand excellence as well asRead More →
KARACHI (WEB DESK ) The Pakistan Credit Rating Agency Limited (PACRA) has maintained BankIslami’s long-term entity rating at A+ (short term rating at A1) with a Stable Outlook. The ratings reflect BankIslami’s sustained risk profile. The Bank’s profitability enhanced owing to asset yield driven by peaked policy rates and volumetricRead More →
KARACHI ( PRESS RELEASE ) Allhamdulilah, the Initial Public Offering of BankIslami Ehad Sukuk has been successfully closed. Despite the ongoing COVID–19 pandemic, significant interest was received from both institutional and retail investors with PKR 320.6 million subscriptions received against the IPO size of PKR 300 million through 127 applications,Read More →
KARACHI ( PRESS RELEASE ) BankIslami Pakistan Limited, while fulfilling its vision of providing innovative Shariah complaint 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 onRead More →
KARACHI ( PRESS RELEASE ) 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 withRead More →
LAHORE ( PRESS RELEASE ) 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 forRead More →
LAHORE ( PRESS RELEASE ) BankIslami, one of the chief technologically advanced banks of Pakistan with more than 330 branches in over 114 cities, won three prestigious awards at the 9th Annual CSR Summit & Awards 2020 ceremony held recently. The three categories included Green/Environmental Stewardship, Sustainability Initiative and Social Impact.Read More →