Bankislami Pakistan Limited Announces Appointment of Tasnim ul Haq Farooqui as Non-Executive Director in Place of Siraj Ahmed Dadabhoy

BankIslami Pakistan Limited (the Bank) is a Pakistan-based Islamic commercial bank. The Bank's segment includes trading and sales, retail banking, commercial banking and support centre. The trading and sales segment includes equity, foreign exchanges, commodities, money market placements and debt investments. The retail banking segment includes retail Islamic financing and related assets, deposits and banking services offered to the Bank's retail customers. The commercial banking segment includes investment banking business, trade business and Islamic financing and related assets relating to the Bank's corporate, small and medium enterprises and agriculture customers. It offers various accounts, such as Islami Sahulat Account, Islami Bachat Account, Islami Current Account, Islami Asaan Account, Islami Amadni Certificate, Islami Dollar Bachat Account, Islami Foreign Currency Account, and Islami Premium Saving Account. It operates approximately 407 branches, including 70 sub-branches.