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Al Baraka Bank Pakistan

Made Today

بنك البركة باكستان

A Pakistani Islamic bank in Karachi, a subsidiary of Bahrain's Al Baraka group; it began in Pakistan in 1991 as a branch of Al Baraka Islamic Bank Bahrain, was incorporated in 2004, and in 2010 merged with Emirates Global Islamic Bank in the first merger in Pakistan's Islamic banking.

Depth

At a glance

Region
South Asia
Identifiers
Wikidata

Trade and financeThe halal economy

In the Modern Islam Browser

Modern Islam BrowserEnterprise, brands and finance1991Pakistan

Footprint

On Wikipedia in:arenpnbur (read on 2026-11-06)

Wikidata:Q17002794

Summary

Al Baraka Bank (Pakistan) Limited is a Pakistani Islamic bank in Karachi, a subsidiary of Bahrain's Al Baraka banking group. 1

Course

It was established in Pakistan in 1991 as a branch of Al Baraka Islamic Bank Bahrain, incorporated in December 2004 and licensed in 2007. 1 In October 2010 it merged with Emirates Global Islamic Bank, the first merger in Pakistan's Islamic banking, and in 2016 with Burj Bank; in September 2016 it had 191 branches in more than 97 cities. 1

References

  • English Wikipedia, "Al Baraka Bank Pakistan", revision 1359461204. 1

People and things also explored

Islamic banks and conventional banks — the difference, the doubts and the performance· Abu Dhabi Islamic Bank· Alrajhi Bank· Alinma Bank· Bank Albilad· Dubai Islamic Bank· Dukhan Bank· Emirates Islamic

Sources

  1. Al Baraka Bank Pakistan — English Wikipedia
  • Wikidata
Cite this page

islam.museum contributors. “Al Baraka Bank Pakistan”. islam.museum, https://islam.museum/en/listing/al-baraka-bank-pakistan/. CC BY-SA 4.0. Last updated 2026-11-07.

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Islamic banks and conventional banks — the difference, the doubts and the performance

The two 'Al-Wasatiyya' episodes on Islamic banks. In the first, 56% of the studio audience said they could not define riba, 79% that they knew nothing of the murabaha, mudaraba, tawarruq and salam contracts, and they split into thirds on whether Islamic banks are free of doubt; in the second, 65% chose to buy by murabaha from an Islamic bank, 57% thought abolishing riba impossible while the world economy runs on interest, and 49% judged Islamic banks' social role weaker. The guests agreed that conventional bank interest is riba and differed over the existing Islamic banks.