HBL Microfinance Bank Limited (HBL MfB) has taken a significant step towards its journey of financial inclusion, with the launch of its Islamic Banking operations, marked by the inauguration of the Bank’s first Islamic Banking branch in Timergara, Khyber Pakhtunkhwa, following the grant of an Islamic Banking licence by the State Bank of Pakistan (SBP).
Through Islamic Banking operations, the bank extends access to Shariah-compliant financial solutions for individuals, micro-entrepreneurs, farmers, and communities who prefer banking services aligned with Islamic principles.
On the occasion, Mr. Amir Khan, President & CEO, HBL Microfinance Bank, said, “The launch of our Islamic Banking branch marks a key milestone in the bank’s journey to make financial services more inclusive, accessible and responsive to serve the people of Pakistan. Our first Islamic Banking branch in Timergara is a step in the right direction, especially for those who need our services the most, and brings communities closer and enables our customers to thrive with confidence.”
Established in 2002, HBL Microfinance Bank has built a strong presence, serving millions of customers and improving the quality of life for underserved communities across Pakistan. Launching Islamic Banking operations is a natural extension of the Bank’s mandate, offering people more options for varied financial solutions designed around Shariah principles.
HBL Microfinance Bank continues to serve people from all across Pakistan and provide viable financial support for their economic growth and progress. Going forward, the Bank aims to further scale its Islamic Banking operations.