Karachi, September 1, 2015: Dubai Islamic Bank Pakistan Limited (DIBPL) inaugurated its DHA City Karachi Branchless Banking Booth in Karachi recently. The DIBPL branchless booth was inaugurated by the honorable Pakistan Army Adjutant General, Lt. Gen. Zameer ul Hassan Shah. The CEO of DIBPL Junaid Ahmed, Head of Consumer Banking Khawaja Asif and other DIBPL senior management were also present at the occasion. The inaugural ceremony was also attended by existing and potential customers of the Bank.
Lt. Gen. Zameer ul Hassan said that he is very pleased to inaugurate the branchless booth and appreciated Dubai Islamic Bank’s commitment to the long term promotion of Islamic Banking across Pakistan. Mr. Junaid Ahmed said that Dubai Islamic Bank being the pioneer Islamic Banking institution globally is committed to the long term prosperity of Pakistan and Islamic Banking as a whole.
Mr. Junaid Ahmed said that DIBPL is a subsidiary of Dubai Islamic Bank UAE, the world’s first Islamic Bank. Alhamdulillah, DIBPL is a Minimum Capital Requirement (MCR) compliant Bank that enjoys a short-term credit rating of ‘A-1’ and long-term credit rating of ‘A+’, with a “stable” outlook from JCR-VIS and has 225 locations (175 Branches and 50 Branchless Booths) in 55 cities across Pakistan. He further stated that DIB UAE Group is one of the largest Islamic Bank in the world with a Total Asset base of approximately PKR 4 Trillion (US Dollars 40 Billion) at June 30, 2015.