Tuesday, June 18, 2024
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HomeNEWSBanking & FinanceFaysal Bank branches now 100% Islamic; awarded Islamic Banking license by SBP

Faysal Bank branches now 100% Islamic; awarded Islamic Banking license by SBP

Faysal Bank Limited has been issued an Islamic Banking license by SBP and Faysal Bank is now a complete Islamic bank.

Faysal Bank has made history with a landmark achievement of the World’s largest conversion of a conventional bank to an Islamic one. This is a ground breaking accomplishment, not only for the Bank, but also for Pakistan’s Islamic banking industry.

During this journey, the bank converted 211 branches and over 500,000 customers without compromising on the profitability and balance sheet growth of the bank.

The transformation has been a journey of faith, belief, commitment & determination to succeed.

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