HBL Microfinance Bank Launches Islamic Banking, Inaugurates First Islamic Banking Branch in Khyber Pakhtunkhwa

HBL Microfinance Bank Limited (HBL MfB) has introduced Islamic Banking services with the inauguration of its first branch in Timergara, Khyber Pakhtunkhwa, following approval from the State Bank of Pakistan. The bank's Islamic Banking operations aim to provide Shariah-compliant financial solutions to individuals, micro-entrepreneurs, farmers, and communities who prefer banking services aligned with Islamic principles.

HBL MfB President & CEO Amir Khan stated that the launch of the branch signifies a significant milestone in making financial services more inclusive, accessible, and responsive to the people of Pakistan. The first Islamic Banking branch in Timergara caters to those who require the services the most and fosters community development by enabling customers to thrive with confidence.

Established in 2002, HBL Microfinance Bank has been serving millions of customers, improving the lives of underserved communities across Pakistan. The launch of Islamic Banking operations is a natural extension of the bank's mandate, offering people more options for tailored financial solutions designed around Shariah principles.

HBL MfB continues to support people throughout Pakistan in achieving economic growth and progress. The bank plans to expand its Islamic Banking operations further in the future.