BankIslami

BankIslami Pakistan Limited (Urdu pronunciation: [bɛŋk ɪs.ˈlaː.mi] bank-is-LAH-mee) is a Pakistani Islamic bank based in Karachi.

On the 26th of September 2005, Dubai Bank joined the sponsors and became one of the founding shareholders of BankIslami by investing 18.75% in the total capital.

The bank started its operations on 7 April 2006 and began offering shariah-compliant retail banking, investment banking, consumer banking, and trade finance products.

[4] In 2002, Khadim Ali Shah Bukhari & Company Limited (KASB) acquired the bank, and the two entities merged the following year.

[4] BankIslami made an initial public offering in March 2006.