Dubai Islamic Bank Pakistan (DIBPL) is
planning to open 25 new branches across Pakistan, within the next
one year.
DIBPL started operation in Pakistan in 2006
and has 72 branches in Pakistan already.
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The 25 new branches in Pakistan are part of a
major branch-expansion initiative by DIBPL.
According to the DIBPL website, DIBPL offers
“state-of-the-art Sharia compliant products that effectively
compete with those being offered in the market by conventional
banks”.
The DIBPL website also informs that the lender
launched Pakistan’s first Islamic Visa Debit Card and introduced
financial products covering home financing, auto financing, and
depository products.
DIBPL has previously introduced internet
banking and priority banking, and is “committed to bringing foreign
investment to Pakistan”, the DIBPL website
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By GlobalData
