{"id":25948,"date":"2021-10-24T05:01:29","date_gmt":"2021-10-24T05:01:29","guid":{"rendered":"https:\/\/www.pakpedia.pk\/?p=25948"},"modified":"2021-10-24T05:01:29","modified_gmt":"2021-10-24T05:01:29","slug":"bank-islami-pakistan-branches-loan-head-office","status":"publish","type":"post","link":"https:\/\/www.pakpedia.pk\/bank-islami-pakistan-branches-loan-head-office\/","title":{"rendered":"Bank Islami"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_62 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-662df1f7239df\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-662df1f7239df\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.pakpedia.pk\/bank-islami-pakistan-branches-loan-head-office\/#Bank_Islami_Pakistan_Limited\" title=\"Bank Islami Pakistan Limited\">Bank Islami Pakistan Limited<\/a><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.pakpedia.pk\/bank-islami-pakistan-branches-loan-head-office\/#Bank_Islami_History\" title=\"Bank Islami History\">Bank Islami History<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.pakpedia.pk\/bank-islami-pakistan-branches-loan-head-office\/#Bank_Islami_Internet_Banking\" title=\"Bank Islami Internet Banking\">Bank Islami Internet Banking<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.pakpedia.pk\/bank-islami-pakistan-branches-loan-head-office\/#1-_Card_Management\" title=\"1- Card Management\">1- Card Management<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.pakpedia.pk\/bank-islami-pakistan-branches-loan-head-office\/#2-_Account_Management\" title=\"2- Account Management\">2- Account Management<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.pakpedia.pk\/bank-islami-pakistan-branches-loan-head-office\/#3-_Beneficiary_and_Bill_management\" title=\"3- Beneficiary and Bill management\">3- Beneficiary and Bill management<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.pakpedia.pk\/bank-islami-pakistan-branches-loan-head-office\/#How_to_register\" title=\"How to register\">How to register<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.pakpedia.pk\/bank-islami-pakistan-branches-loan-head-office\/#Bank_Islami_Jobs\" title=\"Bank Islami Jobs\">Bank Islami Jobs<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.pakpedia.pk\/bank-islami-pakistan-branches-loan-head-office\/#Bank_Islami_Loan\" title=\"Bank Islami Loan\">Bank Islami Loan<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.pakpedia.pk\/bank-islami-pakistan-branches-loan-head-office\/#1-_Bank_Islami_House_Loan\" title=\"1- Bank Islami House Loan\">1- Bank Islami House Loan<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.pakpedia.pk\/bank-islami-pakistan-branches-loan-head-office\/#a-_Construction_period\" title=\"a- Construction period\">a- Construction period<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.pakpedia.pk\/bank-islami-pakistan-branches-loan-head-office\/#b-_Loan_Period\" title=\"b- Loan Period\">b- Loan Period<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.pakpedia.pk\/bank-islami-pakistan-branches-loan-head-office\/#c-_Range_of_Loan\" title=\"c- Range of Loan\">c- Range of Loan<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.pakpedia.pk\/bank-islami-pakistan-branches-loan-head-office\/#d-_Bank_Investment_Ratio\" title=\"d- Bank Investment Ratio\">d- Bank Investment Ratio<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/www.pakpedia.pk\/bank-islami-pakistan-branches-loan-head-office\/#Benefits\" title=\"Benefits\">Benefits<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/www.pakpedia.pk\/bank-islami-pakistan-branches-loan-head-office\/#Bank_Islami_Car_Loan\" title=\"Bank Islami Car Loan\">Bank Islami Car Loan<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/www.pakpedia.pk\/bank-islami-pakistan-branches-loan-head-office\/#a-_Auto_Financing_Facility\" title=\"a- Auto Financing Facility\">a- Auto Financing Facility<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/www.pakpedia.pk\/bank-islami-pakistan-branches-loan-head-office\/#b-_Time_Period\" title=\"b- Time Period\">b- Time Period<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/www.pakpedia.pk\/bank-islami-pakistan-branches-loan-head-office\/#c-_Customer_Equity\" title=\"c- Customer Equity\">c- Customer Equity<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/www.pakpedia.pk\/bank-islami-pakistan-branches-loan-head-office\/#d-_Range_of_Loan\" title=\"d- Range of Loan\">d- Range of Loan<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/www.pakpedia.pk\/bank-islami-pakistan-branches-loan-head-office\/#e-_Takaful\" title=\"e- Takaful\">e- Takaful<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/www.pakpedia.pk\/bank-islami-pakistan-branches-loan-head-office\/#Eligibility\" title=\"Eligibility\">Eligibility<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/www.pakpedia.pk\/bank-islami-pakistan-branches-loan-head-office\/#Bank_Islami_Branches\" title=\"Bank Islami Branches\">Bank Islami Branches<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/www.pakpedia.pk\/bank-islami-pakistan-branches-loan-head-office\/#Bank_Islami_Head_Office\" title=\"Bank Islami Head Office\">Bank Islami Head Office<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/www.pakpedia.pk\/bank-islami-pakistan-branches-loan-head-office\/#Dubai_Bank_Islami\" title=\"Dubai Bank Islami\">Dubai Bank Islami<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/www.pakpedia.pk\/bank-islami-pakistan-branches-loan-head-office\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-27\" href=\"https:\/\/www.pakpedia.pk\/bank-islami-pakistan-branches-loan-head-office\/#Also_Check\" title=\"Also, Check\">Also, Check<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-28\" href=\"https:\/\/www.pakpedia.pk\/bank-islami-pakistan-branches-loan-head-office\/#Social_Media_Handle\" title=\"Social Media Handle\">Social Media Handle<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"Bank_Islami_Pakistan_Limited\"><\/span><strong>Bank Islami Pakistan Limited<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p>Bank Islami Pakistan Limited is the first Islamic bank of Pakistan built and located in Karachi, Pakistan. It is the first bank that received an Islamic banking license from the State Bank of Pakistan in 2005. Apart from that, this bank&#8217;s initial startup and foundation were in 2006 with the sole purpose of focusing on wealth management as a fundamental part of the business.<\/p><!--CusAds0-->\n<p>Moreover, it offers shariah-compliant retail banking, consumer banking, trade finance products, and investment banking. With over 317 branches in 93 cities of Pakistan, the bank will soon be focusing on launching integrated financial planning services along with proprietary products.<\/p>\n<table style=\"border-collapse: collapse; width: 69.5264%;\">\n<tbody>\n<tr>\n<td style=\"width: 28.0811%;\"><strong>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0Title<\/strong><\/td>\n<td style=\"width: 41.4453%;\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 <strong>Description<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"width: 28.0811%;\">Name:<\/td>\n<td style=\"width: 41.4453%;\">Bank Islami<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 28.0811%;\">Type:<\/td>\n<td style=\"width: 41.4453%;\">Public<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 28.0811%;\">Founded:<\/td>\n<td style=\"width: 41.4453%;\">7th April 2006<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 28.0811%;\">Headquarter:<\/td>\n<td style=\"width: 41.4453%;\">Karachi<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 28.0811%;\">Number of Employees:<\/td>\n<td style=\"width: 41.4453%;\">3000+<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 28.0811%;\">No of Branches:<\/td>\n<td style=\"width: 41.4453%;\">300+<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 28.0811%;\">First Advisor:<\/td>\n<td style=\"width: 41.4453%;\">Mr. Hasan<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 28.0811%;\">Net Income:<\/td>\n<td style=\"width: 41.4453%;\">PKR 1563 Million +<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 28.0811%;\">Parent:<\/td>\n<td style=\"width: 41.4453%;\">Jahangir Siddiqui and Co<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-25954\" src=\"https:\/\/www.pakpedia.pk\/files\/Image\/Bank-Islami-branches.jpg\" alt=\"Bank Islami branches\" width=\"600\" height=\"400\" srcset=\"https:\/\/www.pakpedia.pk\/files\/Image\/Bank-Islami-branches.jpg 600w, https:\/\/www.pakpedia.pk\/files\/Image\/Bank-Islami-branches-300x200.jpg 300w, https:\/\/www.pakpedia.pk\/files\/Image\/Bank-Islami-branches-150x100.jpg 150w\" sizes=\"(max-width: 600px) 100vw, 600px\" title=\"\"><\/h2>\n<h2><span class=\"ez-toc-section\" id=\"Bank_Islami_History\"><\/span><strong>Bank Islami History<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The idea of an Islamic Bank was brought into consideration by Jahangir Siddique and Company Limited in 2003. The Randeree family also took credit for the concept of Bank Islami and, Mr. Hasan was appointed as the first adviser to validate the idea in 2004. The concept papers were presented to the sponsors by Mr. Hasan in 2004, and a business plan was formalized and submitted to the State Bank of Pakistan soon after.<\/p>\n<p>Furthermore, the first founding shareholder of the Bank with 18.75% of the total capital was Dubai Bank in 2005. The idea that was formed by both the parties was approved by the State Bank of Pakistan with no hindrance and objection whatsoever in August 2004.<\/p>\n<p>As a result, it was declared as a Scheduled Bank by the State Bank of Pakistan. In 2006, Bank Islami started its operations by building its first branch in Karachi.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Bank_Islami_Internet_Banking\"><\/span><strong>Bank Islami Internet Banking<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>It is offering its customers more convenient banking methods. The Bank Islami Internet Banking provides the customers with the following purposes;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"1-_Card_Management\"><\/span>1- Card Management<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>If a Bank Islami account holder wants to activate, deactivate, block, or reactivate their Debit and Credit cards, they can easily accomplish it through Bank Islami Internet Banking.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2-_Account_Management\"><\/span>2- Account Management<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Customers have a streamlined method to view all their account balances and comprehensive account-related details. Furthermore, they can also view and download account statements for any following month in various available formats.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3-_Beneficiary_and_Bill_management\"><\/span>3- Beneficiary and Bill management<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Any payments made to an individual or business entity can be managed and viewed by the Bank Islami Customer. These include beneficiary account holder, bank and branch name, account number, and other details in order to transfer the funds. Customers need to register in order to get started with the Bank Islami Internet Banking services.<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-25955\" src=\"https:\/\/www.pakpedia.pk\/files\/Image\/Bank-Islami-Private-Limited.jpg\" alt=\"Bank Islami Private Limited\" width=\"600\" height=\"400\" srcset=\"https:\/\/www.pakpedia.pk\/files\/Image\/Bank-Islami-Private-Limited.jpg 600w, https:\/\/www.pakpedia.pk\/files\/Image\/Bank-Islami-Private-Limited-300x200.jpg 300w, https:\/\/www.pakpedia.pk\/files\/Image\/Bank-Islami-Private-Limited-150x100.jpg 150w\" sizes=\"(max-width: 600px) 100vw, 600px\" title=\"\"><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_register\"><\/span>How to register<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The registration form can be accessed from their website, and the following are the documents or details required for registration.<\/p>\n<ol>\n<li>Account holder&#8217;s 13-digit CNIC number<\/li>\n<li>Mobile Number<\/li>\n<li>Account Number<\/li>\n<\/ol>\n<p>With the Bank Islami Internet Banking service, users can view the information as mentioned earlier regarding their accounts either on the website or through the Mobile Banking app with no difficulties.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Bank_Islami_Jobs\"><\/span><strong>Bank Islami Jobs<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>It is the number 1 Islamic bank of Pakistan, and it has been offering jobs since the start of its operations in 2006. The Bank Islami current job openings for 2021 are mentioned below:<\/p>\n<ol>\n<li>Customer Services Officer (Karachi Jan 14, 2022)<\/li>\n<li>Customer Services Manager (Operation Manager) (Karachi Nov 1, 2021)<\/li>\n<li>Personal Banking Officer (Karachi Jan 18, 2022)<\/li>\n<li>Branch Manager (Karachi Oct 22, 2021)<\/li>\n<li>Business Development Officer (Karachi Nov 1, 2021)<\/li>\n<\/ol>\n<p>To check out the eligibility criteria for the job openings mentioned above, you can visit the website or call on Helpline to get further information for their jobs.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Bank_Islami_Loan\"><\/span><strong>Bank Islami Loan<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>It offers loans to its valued customers. Loans are provided for many reasons, such as construction, renovation, replacement, purchases, and business for Bank Islami loans.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"1-_Bank_Islami_House_Loan\"><\/span>1- Bank Islami House Loan<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>If you want to buy a house for your loved ones, then Bank Islami Loan for houses is the best option for you. The Bank Islami MUSKUN Home Financing can help you with the construction and renovation of your homes in easy installments. The features are as follows;<\/p><!--CusAds0-->\n<h4><span class=\"ez-toc-section\" id=\"a-_Construction_period\"><\/span>a- Construction period<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li>Two years Maximum<\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"b-_Loan_Period\"><\/span>b- Loan Period<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li>Three years minimum if construction period is excluded<\/li>\n<li>25 years maximum if construction period is included<\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"c-_Range_of_Loan\"><\/span>c- Range of Loan<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li>200k-150 million Pakistani Rupee<\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"d-_Bank_Investment_Ratio\"><\/span>d- Bank Investment Ratio<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li>For salary-based it is up to 70% maximum<\/li>\n<li>For SEP, it is up to 65% maximum (SEP includes; Doctors, Chartered Accountants, Engineers)<\/li>\n<li>Moreover, for Businesspersons, it is up to 50%<\/li>\n<\/ul>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-25956\" src=\"https:\/\/www.pakpedia.pk\/files\/Image\/Bank-Islami-loans.jpg\" alt=\"Bank Islami loans\" width=\"600\" height=\"400\" srcset=\"https:\/\/www.pakpedia.pk\/files\/Image\/Bank-Islami-loans.jpg 600w, https:\/\/www.pakpedia.pk\/files\/Image\/Bank-Islami-loans-300x200.jpg 300w, https:\/\/www.pakpedia.pk\/files\/Image\/Bank-Islami-loans-150x100.jpg 150w\" sizes=\"(max-width: 600px) 100vw, 600px\" title=\"\"><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Benefits\"><\/span>Benefits<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li>Processing time is fast<\/li>\n<li>The limit for the loan is up to 150 million Pakistani Rupee<\/li>\n<li>The loan period is up to 25 years<\/li>\n<li>Affordable and flexible installments<\/li>\n<li>Family income<\/li>\n<li>There is flexibility to make partial prepayments<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Bank_Islami_Car_Loan\"><\/span>Bank Islami Car Loan<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Bank Islami is offering an Islami Auto Finance convenience for their customers to buy their own car through the Shariah-Compliant method. The concept of Diminishing Mushakarah is a partnership in which the applicant agrees to terminate Shirkat slowly as the time of the loan reaches an end.<\/p>\n<p>Furthermore, it is a combination of Ijarah, Mushakarah, and Sale transactions. All of these transactions are independently executed through individual contracts. However, all of the rules apply in the Diminishing Mushakarah transaction. The features for the car loan based on the Diminishing Mushakarah transaction are as follows;<\/p>\n<h4><span class=\"ez-toc-section\" id=\"a-_Auto_Financing_Facility\"><\/span>a- Auto Financing Facility<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li>It is for Brand New Vehicles<\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"b-_Time_Period\"><\/span>b- Time Period<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li>1 to 7 years<\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"c-_Customer_Equity\"><\/span>c- Customer Equity<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li>15% to 90%<\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"d-_Range_of_Loan\"><\/span>d- Range of Loan<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li>250,000 to 10 million Pakistani Rupee<\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"e-_Takaful\"><\/span>e- Takaful<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li>1.85% to 2.8% and rates will vary from special vehicles<\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"Eligibility\"><\/span>Eligibility<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>The applicant must be a citizen of Pakistan with a minimum income of 40 to 50,000 Pakistani Rupee. The age limit is 21-60 years for salaried personnel and 21-65 years of age for business people.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Bank_Islami_Branches\"><\/span><strong>Bank Islami Branches<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>When the first branch of Bank Islami opened up in Karachi in 2006, 10 more units were built at the end of 2006. As a result, the bank opened Nine branches in Karachi, while one is in Quetta. Moreover, because of their success through its startup, they started concentrating on building a network of branches in Pakistan.<\/p>\n<p>As a result, the bank had further opened sixty-six new branches at the end of 2008 and another successful expansion of its network of 102 branches in 49 cities. As a result, the Bank reached its goal of 201 branches in 77 cities across the country. Now there are 317 branches in 93 cities nationwide, and the bank has become the 11th largest banking network in Pakistan.<\/p>\n<p>The bank is publicly traded on the Pakistan Stock Exchange, and there are three sponsors, namely JS Group, Emirates NBD, and the Randeree Group controlling the Bank Islami project.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-25957\" src=\"https:\/\/www.pakpedia.pk\/files\/Image\/Bank-Islami-debit-card.jpg\" alt=\"Bank Islami debit card\" width=\"600\" height=\"400\" srcset=\"https:\/\/www.pakpedia.pk\/files\/Image\/Bank-Islami-debit-card.jpg 600w, https:\/\/www.pakpedia.pk\/files\/Image\/Bank-Islami-debit-card-300x200.jpg 300w, https:\/\/www.pakpedia.pk\/files\/Image\/Bank-Islami-debit-card-150x100.jpg 150w\" sizes=\"(max-width: 600px) 100vw, 600px\" title=\"\"><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Bank_Islami_Head_Office\"><\/span><strong>Bank Islami Head Office<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The head office is in Karachi with the following details:<\/p>\n<p><strong>Name<\/strong>: Bank Islami Pakistan Limited<\/p>\n<p><strong>Address<\/strong>: Executive Tower One, 11th Floor, Marine Drive Block 4, Clifton, Karachi, Pakistan<\/p>\n<p><strong>Contact Number<\/strong>: 051-111247-111<\/p>\n<p><strong>Fax<\/strong>: (021)-35378373<\/p>\n<p><strong>Email Address<\/strong>: info@bankIslami.com.pk<\/p>\n<p><strong>Website<\/strong>:\u00a0<a href=\"https:\/\/www.bankislami.com.pk\/\" target=\"_blank\" rel=\"noopener\">https:\/\/www.bankislami.com.pk\/<\/a><\/p>\n<p>It is a nationwide network that provides the users with every possible solution and contact information through email address, phone number, website, and physically located branches.<\/p>\n<p>In addition, customers can get information about account details, promotion offers, terms of services, credit and debit card services through the helpline and the website mentioned above.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Dubai_Bank_Islami\"><\/span><strong>Dubai Bank Islami<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Dubai Bank had first launched its operations as a conventional bank in 2002. However, it converted its operations to the Shariah-compliant financial institution in January 2007. Dubai Bank is also an Islamic Bank, and it is situated in Dubai, UAE. Moreover, the bank was a part of the Dubai Group. However, it was acquired by the Emirates NBD by the Government of Dubai in 2011.<\/p>\n<p>The bank is offering a wide range of services and products through its consumer and corporate banking divisions. These include deposit and transaction accounts, trade financing, wealth management services, financing, and organizers for other distinctive banking services.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Q- How can I get a loan from Bank Islami?<\/strong><\/p>\n<p>A: To get a loan, you have to visit the nearest branch of the bank in your area. They will assist you with everything regarding loans.<\/p>\n<p><strong>Q- How to activate internet banking in Bank Islami?<\/strong><\/p>\n<p>A: Visit the Bank Islami website and register yourself for Internet Banking once you have opened your account with them.<\/p>\n<p><strong>Q- How to check Bank Islami account balance online?<\/strong><\/p>\n<p>A: Log in with your Bank&#8217;s account details through their Internet Banking services, and you can view all your Bank details.<\/p>\n<p><strong>Q: How many branches of Bank Islami in Pakistan?<\/strong><\/p>\n<p>A: There are 317 branches in 93 cities nationwide, and it has become the 11th largest banking network in Pakistan.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-25958\" src=\"https:\/\/www.pakpedia.pk\/files\/Image\/Bank-Islami-headquarter.jpg\" alt=\"Bank Islami headquarter\" width=\"600\" height=\"400\" srcset=\"https:\/\/www.pakpedia.pk\/files\/Image\/Bank-Islami-headquarter.jpg 600w, https:\/\/www.pakpedia.pk\/files\/Image\/Bank-Islami-headquarter-300x200.jpg 300w, https:\/\/www.pakpedia.pk\/files\/Image\/Bank-Islami-headquarter-150x100.jpg 150w\" sizes=\"(max-width: 600px) 100vw, 600px\" title=\"\"><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Also_Check\"><\/span>Also, Check<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><a href=\"https:\/\/www.pakpedia.pk\/bank-alfalah-limited\/\">Bank Alfalah Limited<\/a><\/p>\n<p><a href=\"https:\/\/www.pakpedia.pk\/faysal-bank-history-helpline-internet-banking\/\">Faysal Bank<\/a><\/p>\n<p><a href=\"https:\/\/www.pakpedia.pk\/state-bank-of-pakistan\/\">State Bank of Pakistan<\/a><\/p>\n<p><a href=\"https:\/\/www.pakpedia.pk\/mcb-bank\/\">MCB Bank<\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Social_Media_Handle\"><\/span>Social Media Handle<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><a href=\"https:\/\/www.facebook.com\/bipl.official\/\" target=\"_blank\" rel=\"noopener\">https:\/\/www.facebook.com\/bipl.official\/<\/a><\/p>\n<div class=\"b00727ef825422fce55dcec575f010f4\" data-index=\"3\" style=\"float: none; margin:10px 0 10px 0; text-align:center;\">\n<script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3065899539402540\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"autorelaxed\"\r\n     data-ad-client=\"ca-pub-3065899539402540\"\r\n     data-ad-slot=\"2822768297\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\n<\/div>\n\n<div style=\"font-size: 0px; height: 0px; line-height: 0px; margin: 0; padding: 0; clear: both;\"><\/div>","protected":false},"excerpt":{"rendered":"<p>Bank Islami Pakistan Limited Bank Islami Pakistan Limited is the first Islamic bank of Pakistan built and located in Karachi, Pakistan. It is the first bank that received an Islamic banking license from the State Bank of Pakistan in 2005. Apart from that, this bank&#8217;s initial startup and foundation were in 2006 with the sole<\/p>\n","protected":false},"author":39,"featured_media":25952,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[412],"tags":[],"_links":{"self":[{"href":"https:\/\/www.pakpedia.pk\/wp-json\/wp\/v2\/posts\/25948"}],"collection":[{"href":"https:\/\/www.pakpedia.pk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pakpedia.pk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pakpedia.pk\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pakpedia.pk\/wp-json\/wp\/v2\/comments?post=25948"}],"version-history":[{"count":5,"href":"https:\/\/www.pakpedia.pk\/wp-json\/wp\/v2\/posts\/25948\/revisions"}],"predecessor-version":[{"id":25950,"href":"https:\/\/www.pakpedia.pk\/wp-json\/wp\/v2\/posts\/25948\/revisions\/25950"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pakpedia.pk\/wp-json\/wp\/v2\/media\/25952"}],"wp:attachment":[{"href":"https:\/\/www.pakpedia.pk\/wp-json\/wp\/v2\/media?parent=25948"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pakpedia.pk\/wp-json\/wp\/v2\/categories?post=25948"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pakpedia.pk\/wp-json\/wp\/v2\/tags?post=25948"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}