BankIslami gets SBP Nod for Exchange Company
MG News | July 25, 2025 at 10:34 AM GMT+05:00
The aforementioned information was disseminated through a notification to Exchange.
BIPL was incorporated in Pakistan on October 18, 2004 as a public limited company to carry out the business of an Islamic Commercial Bank in accordance with the principles of Islamic Shariah.
The State Bank of Pakistan (SBP) granted a ‘Scheduled Islamic Commercial Bank’ license to the Bank on March 18, 2005.
The Bank is principally engaged in corporate, commercial, consumer, retail banking and investment activities.
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