The State Bank of Pakistan (SBP) awarded to Dubai Islamic Bank Pakistan Limited(DIBPL), the license for the establishment of its operations in Pakistan on Saturday, November 26, 2005. Since then, DIBPL has undertaken major initiatives to expand its branch network across the country. Under its consumer banking division, the bank is offering state-of-the-art Sharia compliant products that effectively compete with those being offered in the market by conventional banks. This is not the Bank�s only strength though. It also has expertise in providing Retail, Private, Small and Medium Enterprises, Corporate, Investment Banking and Advisory services.

The Bank has launched Pakistan\'s first Islamic Visa Debit Card and introduced financial products covering Home Financing, Auto Financing, and Depository products.

DIBPL has also introduced Priority Banking and Internet Banking, both of which are being recognized as benchmark products in their respective categories. Besides regular banking services, the Bank is committed to bringing foreign investment to the country. DIBPL\'s corporate wing has actively pursued foreign investors and convinced world renowned giants from the GCC to be part of Pakistan\'s economy.

DIBPL is a Public Limited company. Its total worth is Rs. 5.1 billion which will gradually increase to Rs. 6 billion. DIBPL is 100% owned by Dubai Islamic Bank PJSC (Public Joint Stock Company) and its nominated shareholders. The parent company is a listed company in Dubai.