1 BankIslami
2 Islamic commercial bank (Al Baraka)
3 Dubai Islamic Bank
4 Meezan Bank
5 Bank Alfalah Limited
6 The Islamic Development Bank
7 Burj Bank
8 Emirates Islamic Bank
Trading
List of Islamic Banks in Pakistan
Published by Gbaf News
Posted on April 5, 2013
1 min read· Last updated: November 27, 2018
Key Takeaways
- Pakistan hosts several full-fledged Islamic banks alongside Islamic windows of conventional banks.
- Major Islamic banks include Meezan Bank, BankIslami, Dubai Islamic Bank Pakistan, Al Baraka Bank Pakistan, Bank Alfalah Islamic, Faysal Bank and Bank Makramah.
- Islamic banking branches—full-service and windows—now represent over 40% of Pakistan’s branch network.
- The industry is regulated by the State Bank of Pakistan, with Shariah compliance overseen by specialists.
- The sector is expanding rapidly as Pakistan moves toward a fully Shariah-compliant banking system by 2028.
References
Frequently Asked Questions
What qualifies a bank as an Islamic bank in Pakistan?
Banks must be licensed by the State Bank of Pakistan and operate under Shariah‑compliant principles overseen by a Shariah board.
Which are the main full-fledged Islamic banks?
They include Meezan Bank, BankIslami Pakistan, Dubai Islamic Bank Pakistan, Al Baraka Bank Pakistan, Bank Alfalah Islamic, Faysal Bank and Bank Makramah.
How widespread is Islamic banking in Pakistan?
By end‑2025, Islamic banking branches and windows represented about 42% of Pakistan’s banking network.
What is the future of Islamic banking in Pakistan?
The government aims to convert the entire banking system to Shariah‑compliant operations by around 2028.
Tags
Related Articles
The Hidden Mechanics of Trading: What Really Drives Market Decisions
The Invisible Force Behind Every Great Trader: Why Curiosity May Matter More Than Strategy
The Invisible Edge: Why Trading Outcomes Are Shaped Beyond the Chart
The Invisible Current: What Really Moves Trades Before They Happen
The Quiet Forces of Trading: What Moves Markets When No One Is Looking
More from Trading
Explore more articles in the Trading category
The Strange Truth About Trading That Most People Discover Too Late
The Unseen Flow: Why Trading Is Driven by Forces You Don’t Track
Why Do Traders Keep Watching the Market Even When They’re Not Trading?
Why Do Some Traders Stay Calm While Others Panic? The Hidden Psychology Behind Market Decisions
Trading Sphere: Structuring a Modern Approach to Online Trading
The Trading Threshold: The Point Where Skill Stops Helping and Discipline Takes Over
Why Traders Often Miss the Obvious—Until It’s Too Late
The Trading Threshold: The Point Where Skill Stops Helping and Discipline Takes Over
The Trading Paradox: Why Doing Less Often Leads to Better Results
The Trading Blind Spot: Why What You Don’t Notice Often Matters Most
The Risk That Doesn’t Look Like Risk
The Market Mirror: What Trading Reveals About Decision-Making Under Pressure