BankIslami Pakistan Limited has signed a Memorandum of Understanding (MoU) with
Indus Motor Company Limited (IMC) to offer customized financing packages to IMC
customers of Toyota Fortuner, Revo, Camry, and Rush across the country. The Bank will
offer these financing options through its flagship product ‘Islami Auto Finance’.
Mr. Bilal Fiaz – Head of Consumer Banking, BankIslami and Mr. Syed Omar – General
Manager- Sales, IMC, laid the cornerstone of this partnership by signing the agreement in
a meeting held in Karachi.
Speaking on the occasion, Mr. Bilal Fiaz– Head of Consumer Banking, BankIslami, said,
“The collaboration is a milestone not only for both the organizations but also for the
customers who will greatly benefit from our uniquely structured auto financing solutions.
This relationship will certainly help BankIslami and IMC explore new avenues to benefit
Mr. Syed Omar – General Manager- Sales, IMC, also expressed his views saying, “This
initiative will create an ideal scenario for both the organizations and will enable us to offer
best value proposition to the customers.”
BankIslami is one of the largest Islamic Banks of Pakistan and offers Shariah compliant
products and services for all segments of the society. Indus Motor Company Limited (IMC)
manufactures and markets Toyota branded vehicles in Pakistan.