BIPL fundamentals

BankIslami Pakistan Ltd. is an Islamic commercial bank, which engages in the corporate, commercial, consumer, retail banking and investment activities. It operates through the following business segments: Trading & Sales, Retail Banking, Commercial Banking, and Support Centre. The Trading & Sales segment includes equity, foreign exchanges, commodities, credit, funding, own position securities, placements, and Islamic financing. The Retail Banking segment offers retail financings, deposits, and banking services offered to retail customers, and small and medium enterprises. The Commercial Banking segment involves in project finance, export finance, trade finance, Ijarah, guarantees, and bills of exchange relating to corporate customers. The Support Centre segment comprises of assets and liabilities relating to support functions at head office, related income, and expenses. The company was founded on October 18, 2004 and is headquartered in Karachi, Pakistan.