Karachi, October 17, 2016: Dubai Islamic Bank Pakistan (DIBP) and Pakistan Air Force (PAF) recently signed a historic memorandum of understanding (MoU) which will enable DIBP to offer Personal Finance, Auto Finance, and Home Finance facilities to PAF personnel across the country. DIBP is the first Islamic Bank to be enlisted with PAF for providing comprehensive Banking services.

Speaking on the occasion, Mr. Junaid Ahmed, CEO DIBP said, “It brings me great joy to be part of this auspicious signing ceremony which will be beneficial to both esteemed institutions, and will also stand to further strengthen and deepen the relationship between DIBP and PAF. “

Air Marshal Aasim Zaheer, Deputy Chief of Air Staff (Administration) said, “With this signing of MoU between DIBP and PAF, we are heading into the direction of Islamic Banking. Dubai Islamic Bank Pakistan is the first Islamic Bank to offer banking services to PAF personnel at all our bases. With this agreement we wish to further grow our partnership to new heights.”