In order to provide greater access to Islamic financial products, Dubai Islamic Bank Pakistan Limited (DIBPL) has partnered with ZLK Islamic Financial Services, Pakistan’s first brokerage firm compatible with Shariah law. Roshan Digital Account holders and local clients are expected to gain from this partnership.
With the help of this collaboration, DIBPL clients will have access to a range of Shariah-compliant investment options, such as government Sukuk investments, ethical share trading, and murabaha share financing (MSF). The goal of this project is to further the spread of Islamic financial solutions in Pakistan, as demonstrated by DIBPL and ZLK Islamic.
The CEO of DIBPL, Mr. Junaid Ahmed, stated, “DIBPL is committed to developing innovative Islamic banking solutions.” “This partnership highlights our focus on expanding access to Shariah-compliant financial products and driving financial inclusion.”
“Our partnership with ZLK enables our clients to attain morally significant returns on their investments,” continued Mr. Naveed Malik, DIBPL’s Head of Consumer Banking. “DIBPL offers Shariah-compliant investment opportunities, enabling our clients to participate in financial activities that promote both financial inclusion and Islamic banking principles.”
Mr. Zahid Latif Khan, Chairman of ZLK Islamic Financial Services, underlined the strategic importance of the collaboration. “We are thrilled to work with DIBPL to improve our brokerage services and provide our clients with easy access to investment options that adhere to Shariah. We will work together to offer value-added solutions that satisfy the strictest international requirements for Islamic finance.”
The goal of this partnership between ZLK Islamic Financial Services and DIBPL is to foster an atmosphere that is conducive to Shariah-compliant lending, hence advancing the long-term expansion and advancement of Pakistan’s Islamic finance industry.
