Dubai Islamic Bank to open 25 new branches

Dubai Islamic Bank Pakistan Limited (DIBPL) has planned to open 25 new branches in various cities of Pakistan by next year.
Junaid Ahmed, President and CEO DIBPL, stated that since starting operation in Pakistan in 2006, the bank has 72 branches. He added that under its consumer banking division, the bank is offering state-of-the-art Sharia compliant products that effectively compete with those being provided in the market by conventional banks.