Editing Faysalbank.com

= Faysalbank.com =

Faysal Bank Limited is a Pakistani Islamic bank based in Karachi. Here are the key points about Faysal Bank:

History and Overview:
- Founded in 1987 as a subsidiary of Faysal Islamic Bank of Bahrain
- Incorporated in Pakistan in 1994 as Al-Faysal Investment Bank
- Converted to a full-fledged Islamic bank in 2022-2023
- Named after Mohammed bin Faisal Al Saud, son of the late King Faisal of Saudi Arabia
- Listed on the Pakistan Stock Exchange

Services and Products:
- Offers Shariah-compliant banking services including:
  - Corporate, commercial and retail banking
  - Investment banking 
  - Consumer financing
  - Trade finance
  - Treasury services
- Provides Islamic deposit products like current accounts, savings accounts, and investment certificates
- Offers Islamic financing products like car finance, home finance, personal loans etc.
- Digital banking services through mobile app, internet banking, ATMs etc.

Key Facts:
- Network of over 700 Islamic banking branches across Pakistan
- Serves retail, SME, commercial, agri-based and corporate customers
- Offers Roshan Digital Accounts for overseas Pakistanis
- Provides priority banking services for high net worth individuals
- Has over 8,700 employees as of 2023

Digital Banking:
- Offers Faysal DigiBank mobile app and internet banking platform
- Provides services like fund transfers, bill payments, mobile top-ups etc.
- Allows account opening and management through digital channels
- Offers features like virtual cards, QR payments, scheduled payments etc.

Islamic Banking Focus:
- Fully converted to Islamic banking in 2022-23
- All products and services are Shariah-compliant
- Has a dedicated Shariah Board to oversee Islamic banking operations
- Invests deposits in Shariah-compliant modes like Mudarabah, Musharakah, Ijarah etc.

In summary, Faysal Bank has transformed from a conventional bank to become one of the largest full-fledged Islamic banks in Pakistan, offering a wide range of Shariah-compliant banking and financial services through physical and digital channels.