About U Bank Islamic Banking

U Microfinance Bank (U Bank) has established a dedicated Islamic Banking division that is committed to providing customers with banking services that align with Islamic principles. U Bank is one of the first microfinance banks in Pakistan to offer enhanced financial products and services catering to the specific segment of society seeking banking services designed within the parameters of Shari’ah rules and values.

U Bank Islamic Banking provides a comprehensive suite of tailor-made, innovative, and reliable Shari’ah-compliant financial solutions to its customers. These solutions include financing facilities for housing, business, and agricultural needs, with amounts of up to PKR 3 million, along with Current, Savings, and Term Deposit account services.

The complete product portfolio offered by U Bank Islamic Banking is developed and approved under the guidance of the bank’s dedicated Shari’ah Advisor. This expertise enables us to deliver competitive Islamic Banking services to our valued customers and further our efforts towards achieving financial inclusion in Pakistan.

U Bank Islamic Banking was initially piloted at the beginning of 2022 with 5 branches. By the end of the year, U Bank had received its commercial license from the State Bank of Pakistan (SBP) to officially launch Islamic Banking nationwide.

U Bank Islamic Banking continues to broaden its geographic reach to encompass a larger number of regions. Our Islamic Banking services are currently available at the branches mentioned below:

Islamic Banking Windows: