Banking: Al Baraka launches new account

KARACHI: Al Baraka Bank Pakistan Limited has announced the launch of Business Plus Account on Monday. This new addition to its existing product portfolio is set on the basic principles of Modaraba, tailored to suit the business’ banking needs, according to a press release. Capitalising on the knowledge of regional and local markets, Al Baraka said its products cater to a diversified customer base that fully comply with Shariah principles approved by the bank’s Shariah Advisory Committee. “Customers can now experience a new level of trust and convenience at all 89 branches in 37 cities and towns across Pakistan,” it said. PRESS RELEASE

Published in The Express Tribune, October 18^th, 2011.