Burj Bank to develop modern Islamic finance system in Pakistan

KARACHI: Dawood Islamic Bank rebranded as Burj Bank has been geared up to develop a modern Islamic finance system in Pakistan with professional skills of strategic planning and management.

Chief Risk Officer Burj Bank Ihsanullah Ihsan said “Rebranding is a positive approach ahead of the curve and confidence returning to the banking system and Burj Bank is planning to expand its banking operations in Pakistan to facilitate its clients with reduced risk.”

Branch Manager SSUET Syed Muhammad Ali Rizvi said Pakistan is a huge potential market and Burj Bank is offering attractive profit rates on its saving products based on deposit tiers, allowing the customer to make transactions on his account without any limits.

Registrar Shah Mahmood H. Syed, Prof. Dr. Syed Jawaid Hassan Rizvi and Dr. Bilal Alvi also attended the ceremony.

Bank officials Aijaz Ameer, Afshan Mehmood, S.M. Arsalan, Syed Nabeel Tauseef, Khalil Ahmed and Adnan Rasheed were also present on the occasion.

The Burj Bank has also set up a branch at the Karachi university campus.

Copyright PPI (Pakistan Press International), 2011