Faysal Bank Eyes on Growth through Automation
Faysal Bank Limited (FBL) has always kept abreast with the latest developments in Digital Banking Technology and has aggressively implemented the same in all the segments, wherever required. In continuation of this endeavor In line with the bank’s core value of “Innovation” through Process automation, FBL Faysal Bank Limited has entered into Agreement with Messrs….
Adil Aziz
SBP Issues Islamic Banking License to Faysal Bank Limited
State Bank of Pakistan (SBP) has issued an Islamic banking license to Faysal Bank Limited (FBL) making it the second-largest full-fledged Islamic bank in Pakistan. Commenting on the momentous occasion, Mr. Jameel Ahmed, Governor State Bank of Pakistan said, “Conversion of Faysal Bank is first of its kind in the banking history of Pakistan. This…
Faysal Bank Declared “Best Islamic Retail Bank in Pakistan
With a keen focus on offering innovative Islamic retail banking products and services, Faysal Bank Limited (FBL) has been at the forefront of setting new benchmarks in the Islamic retail banking industry in Pakistan. In recognition of the bank’s continued efforts, Faysal Bank was recently conferred the prestigious title of Best Islamic Retail Bank in…
Faysal Bank declared “Best Bank of the Year 2021” by CFA Society Pakistan
CFA Society Pakistan hosted the 19th edition of its prestigious Annual Excellence Awards in Karachi to recognize the outstanding performances of financial institutions, corporates and professionals. Faysal Bank Limited (FBL) was declared “Best Bank of the Year 2021” amongst mid-size banks of the country. Mr. Yousaf Hussain – President & CEO, Faysal Bank Limited received…
Faysal Bank and Bank of Khyber, partner to offer Innovative Financial & Digital Payment Services
Faysal Bank Limited (FBL) and Bank of Khyber have partnered to launch a suite of digital financial services featuring virtual & debit card services along with added digital payment solutions. Faysal Bank through its Fintech Express Program is driven by creating partnerships with Banks and Fintech to further encourage State Bank of Pakistan’s (SBP) financial…
Faysal Bank Appreciates Government’s Intent to make Pakistan Interest-Free
The announcement from the Ministry of Finance last week that it will advise the State Bank of Pakistan and National Bank to withdraw their appeal against the Federal Shariat Court’s decree to convert to an Islamic financial system comes as a welcome step. Senator Mohammad Ishaq Dar, Federal Minister for Finance and Revenue, announced that…
Faysal Bank Launches Donation Payments Feature via WhatsApp
Faysal Bank Limited as part of its digital transformation journey has introduced a new innovative feature of Donation Payments via its WhatsApp banking channel. Faysal Islami WhatsApp Banking enables its subscribers to make real-time donation payments to over 25 reputable charitable organizations such as SKMT, TCF, SIUT, Indus Hospital, Alamgir Welfare Trust and Pink Ribbon…
Faysal Bank delivers exuberant performance – registers PKR 1 Trillion landmark
FBL achieved the landmark of Rs. 1 Trillion mark in Balance Sheet footings with a record Profit Before Tax of Rs. 15.0 billion, 51% higher than the corresponding period last year. The Board of Directors of Faysal Bank Limited (FBL), in their meeting held on October 27, 2022, approved the financial statements of the Bank…
TPL Insurance Limited (WTO) partners with Faysal Bank
As part of their aim to provide innovative products and utilize the digital paradigm to redefine takaful, TPL Insurance Limited – Window Takaful Operations (WTO) is pleased to announce its collaboration with Faysal Bank. This partnership will enable both companies to offer hassle-free Shariah-compliant financial solutions to customers. To mark the occasion, an MoU signing…
Faysal Bank & K-Electric Collaborate for Customer’s Relief in times of Economic Crunch
Faysal Bank Limited (FBL), one of the leading Islamic Banks in the country, and K-Electric have come together to ease customer’s payment burden in times of economic crunch. As part of the collaboration, Faysal Islami Noor Card holders will now be able to pay their electricity bills through easy installment plan options of up to…