Faysal Bank expands Islamic banking branches

Staff Reporter

Karachi—Faysal Bank Limited marked the launch of its Islamic Banking branches planned for the year 2016 with the opening of Binoria SITE branch Karachi, followed by Sohrab Goth Karachi, Kashmir Road Rawalpindi, DHA Phase I Commercial Area Karachi, Matta Bazar Swat, Maragzar Housing,Lahore and Gulberg Karachi in the first week of Ramazan.
The latest branch, Illah Abad, Chunian opened which is the 76th Islamic Banking Branch of Faysal Bank.
The branches were inaugurated by members of Faysal Banks management team including Chairman, Shariah Board.
At the occasion, Hasan Junaid Nasir, Head Islamic Banking said, “The new branches are all equipped for financial services in line with specific customer needs and requirements under the principles of Shariah”.
Fouad Farrukh, Head Retail Banking, further added, “We are adding 75 new branches in our network this year and simultaneously working to develop and offer Shariah compliant products to our customers”.
He further added, “We remain committed to providing a comprehensive suite of Islamic Banking products and services while ensuring customer satisfaction at all times”. These new branch openings are a part of Faysal Bank’s continuing strategic plan for 2020 and to further augment their envisaged sustained optimal growth plans.

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