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Al Baraka in Pakistan
 

AlBaraka Islamic Bank (AIB) has the honour of being the pioneer of Islamic banking in Pakistan and has been operating in the country as branches of AlBaraka Islamic Bank, Bahrain since 1991. Over the years, the bank has successfully developed and maintained its identity as one of the leading providers of a host of banking products and services in strict compliance with Shari’ah principles.
With a vision for unrivalled services, dedication to Islamic principles of banking, increasing network points, and innovative product line, Al Baraka Bank (Pakistan) Limited is committed to the Banking Industry in Pakistan.
Al Baraka Bank (Pakistan) Limited (ABPL) is the result of a merger between Al Baraka Islamic Bank Pakistan (AIBP), the branch operations of Al Baraka Islamic Bank (AIB) Bahrain and Emirates Global Islamic Bank (Pakistan). The merged entity commenced operations on November 1st 2010.
The merger, a first in the Islamic Banking sector in Pakistan, positions ABPL to play an important role in further growing an industry which has witnessed tremendous growth over the last 5 years.
With assets in excess of Rs. 70 billion; a workforce of 1400 professionals and a network of 89 branches in 37 cities and towns across Pakistan, Al Baraka Bank (Pakistan) Limited is devoted in providing customers with a range of Shariah compliant products to suit their banking needs.
Faced with growing challenges in this rapidly developing market, ABPL strongly relies on its ability to be an effective and efficient market player through renewed focus on superior customer service, development of Islamic alternatives to conventional financing facilities, and strict adherence to Shariah rulings and principles.
Al Baraka Bank (Pakistan) Limited, offers a wide array of Islamic financing products such as Murabaha, Ijarah, Musharakah and Islamic Export Refinance etc., catering to a diverse cross-section of the economy including the Corporate, SME and Consumer sectors.
Moreover, various Shariah compliant deposit schemes are also available for customers to invest their funds in, along with a variety of other ancillary services such as online branch banking, ATM/debit card, SMS banking, electronic statement of accounts, safe deposit lockers and utility bill payments.
The Pakistan Credit Rating Agency (PACRA) has assigned long-term and short-term rating entity A, and A1 respectively. These ratings denote a lower expectation of credit risk emanating from a strong capacity for timely payments of financial commitments.
ABPL is a subsidiary of Al Baraka Banking Group (ABG), a Bahrain Joint Stock Company, listed on Bahrain and NASDAQ Dubai stock exchanges. It is a leading International Islamic bank with Standard & Poor's long and short-term credit ratings of BBB- and A-3 respectively and offers retail, corporate and investment banking, and treasury services strictly in accordance with the principles of Islamic Shariah. The authorized capital of ABG is US$ 1.5 billion; asset base of US$ 16.3 billion and total equity of US$ 1.8 billion. The group has Banking units and representative offices in 13 countries spanning from Europe to MENA and Asia, with a network exceeding 400 Branches.
It is part of ABPL's commitment, to put the customer's values foremost, hence providing them with a banking solution that is in line with their beliefs.

Al Baraka Network In Pakistan

Country Office Pakistan

Shafqaat Ahmed, CEO & Board Member
95-B, Hali Road, Gulberg-II, Lahore
Tel: +9242 575 6016, 575 6074, 575 6084, 575 6143, 575 6258,
Tel. Dir. +9242 575 6889, 575 6890 - UAN : +9242 111 742 742
Fax: +9242 575 6877, 575 6876
E-Mail: albaraka@albaraka.com.pk

Southern Region:
Ahmed Shuja Kidwai, Chief Operating Officer (COO)
Lakhani Centre, l.l Chundrigar Road, Karachi
Tel Dir.: +9221 263 5043
UAN : +9221 111 742 742
Fax: +9221 263 5045
E-mail: shuja.kidwai@albaraka.com.pk

MAIN BRANCH KARACHI
Lakhani Centre,
l. l Chundrigar Road, Karachi
Tel: +9221 111-742-742
Fax: +9221 263 5045
E-mail: khi@albaraka.com.pk

GULSHAN BRANCH KARACHI
Prov. Trade Center, Block 13-B,
Gulshan-e-Iqbal, Karachi
Tel: +9221 482 4510-13
Fax: +9221 481 3240
E-mail: khi.kgi@albaraka.com.pk
Branch Manager: Nadeem Hamied

KORANGI BRANCH KARACHI
Plot No. 1-A, Sector 23,
Korangi Industrial Area, Karachi
Tel: +9221 511 4001 - 4
Fax: +9221 5114005
E-mail: khi.kia@albaraka.com.pk
Branch Manager : Gohar Khizir

CLIFTON BRANCH KARACHI
Garnet Centre, Khayaban-e-Jami,
Block-8, Clifton Karachi
Tel: +9221 536 0901-04
Fax: +9221 536 0906
E-mail: khi.kcn@albaraka.com.pk
Branch Manager: Adnan Moosani

Shahrah-E-Faisal Branch, KARACHI
City Tower, Plot # 33-A, Block-6, PECH Society,
Sharah-e-Faisal, Karachi
Tel: +9221 437 3201
Fax: +9221 437 3200
E-mail: shakir.sultan@albaraka.com.pk
Branch Manager: Muhammad Shakir Sultan
SITE BRANCH, KARACHI
Plot No. C-18/A, Estate Avenue Sindh
Industrial Trading Estate, Karachi
Tel: +9221 6011390
Fax: +9221 2063543
E-mal: ksi@albaraka.com.pk
Branch Manager: Sardar Hassan
Gulshan-e-Memar branch, gadap KARACHI
Plot # SB-13, Sector-Z, Sub-Sector-IV
Gulshan-e-Maymar Gadap, Karachi
Tel: +9221 63350931-3
Fax +9221 6833332
E-Mail: imran.nizami@albaraka.com.pk
Branch Manager: Imran Nizami

Hyderabad branch
Shop No. A/2616, Ward-A
Noor Mohammad High School Road,
HyderabadTel: +9222 2636962-4
Fax +9222 2634990
E-Mail: hyd@albaraka.com.pk
Branch Manager: Shahid Nazeer Khan


Central Region:
Amjad Ali, Regional Manager Central
95-B, Hali Road, Gulberg-II, Lahore
Tel. Dir: +9242 575 6369 - UAN : +9242 111 742 742
Fax: +9242 575 6876
E-Mail: amjad.ali@albaraka.com.pk

LAHORE MAIN BRANCH
95-B, Hali Road, Gulberg-II, Lahore
Tel: +9242 575 6016, 575 6074, 575 6084,
575 6143, 575 6258 Fax: +9242 575 6877
Email : lhr@albaraka.com.pk
Branch Manager: Aamer Raza Zaidi

CIRCULAR RD. BRANCH LAHORE
64 Circular Road, Lahore
Tel: +9242 767 4803-4
Fax: +9242 767 4802
Email : lcr@albaraka.com.pk
Branch Manager: Imran Sana

DHA BRANCH LAHORE
80-Y, Commercial Area,
Phase-III, DHA, Lahore
Tel: +9242 589 2771 - 5
Fax: +9242 572 1482
Email : dha_lhr@albaraka.com.pk
Branch Manager: Tariq J. Tarar
FAISALABAD BRANCH
816-Main Faisal Lane
Civil Lines, Faisalabad
Tel: +9241 111-742-742
Fax: +9241 263 4377
Email : fsd@albaraka.com.pk
Branch Manager: Sakhawat Ali
SHADMAN BRANCH LAHORE
5, Race Course Road, Lahore.
Tel: +9242 636 6913
Email : haroon.nazir@albaraka.com.pk
Branch Manager: Haroon Nazir

GUJRANWALA BRANCH
Anwar Industries Complex, G.T. Road, Gujranwala.
Tel: +9255 427 3172Fax: +9255 427 3190
Email: muhammad.arshad@albaraka.com.pk
Branch Manager: Muhammad Arshad

MULTAN BRANCH
76 Abdali Road, Multan.
Tel: +9261 450 0371 - 4
Fax: +9261 450 0375
Email : mohsin.raza@albaraka.com.pk
Branch Manager: Syed Mohsin Raza
GUJRAT BRANCH
Lamcy Hotel Opposite Gowell CNG Station
G. T. Road, Gujrat
Tel: +92533 530513-15
Fax: +92533 530516
Branch Manager: Hafeez Ullah
SAHIWAL BRANCH
183-B/7, Sarwar Shaheed Road,
Kuchery Road, Sahiwal
Tel: +9240 4228267-70
Fax : +9240 4228268
E-mail: swi@albaraka.com.pk
Branch Manager: Masood Nazir
SIALKOT BRANCH
1/1437 Paris Road, Sialkot
Tel: +9252 3006118
E-mail: skt@albaraka.comcom.pk
Branch Manager: Ghulam Jaffar
FAISAL TOWN BRANCH
806C Faisal Town, Lahore
Tel:+9242 5160263-4
Fax: +9242 5160388
Branch Manager: Khawar Khsurshid
   

Northern Region:
Kaleem Iqbal, Regional Manager North
11-C, Blue Area, Jinnah Avenue, Islamabad
Tel.: +9251 111-742-742, (Dir.) 220 1562 Fax: +9251 22 6832
E-mail: kaleem.iqbal@albaraka.com.pk
ISLAMABAD BRANCH
11-C, Blue Area,
Jinnah Avenue, Islamabad
Tel: +9251 111-742-742
Fax: +9251 220 6832
E-mail: isb@albaraka.com.pk
Branch Manager : M. Younis Ghori
MALL BRANCH RAWALPINDI
Block-3, Service Plaza,
262-The Mall, Rawalpindi
Tel: +9251 579 2030-33
Fax: +9251 579 2034
E-mail: rwp@albaraka.com.pk
Branch Manager: Shakir Mahmood

CHANDNI CHOWK BR. RAWALPINDI
137-B, Chandni Chowk,
Main Murree Road, Rawalpindi
Tel: +9251 457 1128-30
Fax: +9251 457 1127
E-mail: rwp_rcc@albaraka.com.pk
Branch Manager: Ashar Khushnood

ABBOTTABAD BRANCH
Main Mansehra Road, Opp. Radio Station,
Jhangi, Abbottabad
Tel: +92992 343 112 – 14
Fax: +92992 343 227
E-mail: abd@albaraka.com.pk
Branch Manager: Tariq Mahmood
PESHAWAR BRANCH
UG 39-40, Deans Trade Centre, Islamia Road,
Peshawar Cantt., Peshawar.
Tel: +9291 525 0191 - 94
Fax: +9291 525 0195
Email : naeem.bangash@albaraka.com.pk
Branch Manager: Naeem Bangash
MIRPUR BRANCH
Plot # 8, Sub Sector B-3, Part-2,
Allama Iqbal Road, Mirpur, Azad Kashmir.
Tel: +9258610 48361 - 65
Fax: +9258610 48363
Email : muhammad.afsar@albaraka.com.pk
Branch Manager: M. Raja Afsar Khan

MANSEHRA BRANCH
Zulifiqar Plaza, Abbottabad Road, Mansehra.
Tel: +92-997-304178 - 80 / 303158
Fax: +92-997-303159
Email: man@albaraka.com.pk
Branch Manager : Sajjad Taj Khan

CITY BRANCH RAWALPINDI
A-65, City Saddar, Jinnah Road, Rawalpindi
Tel: +92-51-5777411-15
Fax: +92-51-5777410
E-mail: rcb@albaraka.com.pk
Branch Manager : Tauqeer Asjad

WAH CANTT:
Plot # CB-1, Sadat Plaza, The Mall,
Wah Cantt:
Tel: 9251 4540861-3
Fax: 9251 4540864
Branch Manager: Faisal Qayam

F-10 ISLAMABAD
7-G, Lords Plaza F-10 Markaz,
Islamabad
Tel: +92512111944-7
Fax # 9251 2111948
Branch Manager: Muhammad Akram
  Last Updated:03/01/2013
  About Al Baraka
Al Baraka Islamic Bank - Bahrain (AIB - Bahrain) established 1984 in Bahrain and up the years has pioneered the development of Isl... read more>>

  Individuals
Current Accounts: On demand accounts are not entitled to receive profits but do not bear any loss either. They are designed speci... read more>>

  Commercial & Corporate
Murabaha is an Islamic form of asset financing and has a fixed term and a pre-determined profit. In a Murabaha the bank buys a spe... read more>>
     
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