Dawood Islamic Bank Limited (DIBL), Pakistan's sixth full-fledged Islamic commercial Bank  officially commenced its operations on Friday, April 27, 2007. The Bank is the result of an initiative of the First Dawood Group who teamed up with Islamic Corporation for the Development of the Private Sector (ICD) Jeddah, Unicorn Investment Bank - Bahrain, Al Safat Investment Company - Kuwait, Gargash Enterprises (LLC) - Dubai, Mr. Azam Essof Kolia - a Singapore based entrepreneur and Shaikh Abdullah Mohammad Al-Romaizan, an entrepreneur from the Kingdom of Saudi Arabia.

DIBL has a strong Shariah Board headed by renowned scholar Prof. Mufti Munib –Ur-Rehman as the bank’s Shariah advisor. 

The bank has been a profitable entity since its inception. DIBL has a vision to be the best provider of customer centric Shari’ah compliant products and services in Pakistan. To help our customers to succeed financially and to promote economic and social progress in Pakistan through innovative Shari’ah compliant products. Our aim is to first create wealth and then help our clients to manage it.

DIBL currently has 50 online branches, delivering the highest level of customer service and innovative Islamic finance solutions. The bank’s internet banking solution , e-connect- is a great way to visit DIBL with comfort, security and any time round the clock to meet your e-banking needs. DIBL’s Al-Mustaqeem ATM card offers its customers the convenience of accessing their funds through the country’s ever expanding 1 Link and mnet ATM network. Additionally the Al-Mustaqeem card allows our customers to pay nationwide for goods and services at more than 8000 Mnet Point of Sales.

The bank has a diversified range of Shariah Compliant funded and non-funded products and services catering to the needs of consumers and Corporate.  The bank offers investment and corporate advisory services.