|KSaturday 12th April 2007: In line with its commitment to offer Islamic Banking products & services to its consumers, BankIslami has launched MUSKUN Home Financing and Islami Auto Ijarah in Lahore, Rawalpindi and Islamabad. This was announced here on Saturday.
With MUSKUN Home Financing customers can choose from the product line such as Build, Buy, Renovate and Balance Transfer Facility (BTF from interest based bank). Islami Auto Ijarah caters to the market segment vying for products like new, used and imported cars in Sharia’h compliant way.
BankIslami is represented by renowned Shariah Board headed by Mufti Muhammad Taqi Usmani. BankIslami is pursuing its aggressive growth strategy which includes penetration in the rural and urban areas and committed to introducing value added innovative products for both corporate and consumer banking sector. Currently, BankIslami is operating with 36 Online branches in 23 cities nationwide and has a plan to reach 100 branches milestone by December 2008.