F.P. Report
KARACHI: A Memorandum of Understanding has been signed between BankIslami, BIPL Securities and Kifayah Investment Company with the aim to promote investment culture for Non Resident Pakistanis (NRPs) and locals in Pakistan by providing them a one stop solution for all their investment needs.
With a network of 330 branches in 114 cities nationwide, BankIslami Pakistan Ltd. was the first Islamic commercial bank to receive the Islamic banking license under the Islamic banking policy of 2003 from State Bank of Pakistan on March 31, 2005. The Bank started its operations from 7 April 2006 and offers Shariah compliant retail banking, investment banking, consumer banking, and trade finance products.
