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Financial Institution

Financial Institution

The Financial Institutions (FI) at Al Baraka Bank (Pakistan) Ltd. is a part of Treasury and FI Group. The FI is mainly responsible for establishing and maintaining relationship with Financial Institutions especially banks which include international correspondent banks and local banks. The scope of FI covers all trade related activities as well as managing Nostro/Vostro relationships. Trade finance services include import/export business, consisting of advising, confirmation, negotiation, undertakings and guarantees business. In addition to this FI is also responsible for relationship with the Takaful/insurance companies which provide takaful/insurance arrangements to the bank’s customers.

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Most Popular Products

Current Account can be opened in one of the listed currency below with no restriction in the number of withdrawal and deposits.

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Al Baraka Business Plus Account has evolved with time to offer ease, flexibility and a wide range of unmatched free services. This product is specially tailored to match all the daily needs of business class and individual customers.

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Al Baraka Shafqaat Account has been introduced as socially responsible banking services for most valued segments of our society in order for them to make their routine transactions with premium customer support along with healthy return on their investment. Al Baraka is the only full-fledged Islamic bank to offer such account services for the target market mentioned herein. This account comes along with a wide range of free services and benefits.

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Al Baraka Mahana Barkah Account provides regular stream of halaal monthly income for lower and middle group customers with the same convenience and services of a regular savings account.

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