“Faysal Bank Limited (FBL) was incorporated in Pakistan on October 3rd , 1994 as a Public Limited Company under the Companies Ordinance, 1984. The Bank’s shares are listed on Pakistan Stock Exchange. FBL is a complete Islamic bank engaged in Commercial, Retail and Corporate Banking activities. Faysal Bank’s footprint spreads over more than 270 cities and has a network of 700 Islamic banking branches. FBL is operating as a Commercial Bank and State Bank of Pakistan has recently issued an Islamic Banking license making it the second largest full-fledged Islamic bank in Pakistan. Faysal Bank carries on banking business activities in line with the Banking Companies Ordinance, 1962”
Credit Ratings
JCR-VIS Credit Rating Company
| Entity Ratings |
AA/A-1+ (Double A/A- One Plus) |
Positive |
PACRA Pakistan Credit Rating Agency Limited
| Long Term Rating |
AA (Double A) |
Stable |
| Short term Rating |
A-1 Plus(A-One Plus) |
Subsidiary Company:
Faysal Asset Management Limited (FAML), an asset management company was launched in 2003 within Faysal Bank Group.
FAML brings together the collective financial expertise and investment experience of Islamic Investment Company of Gulf, with its extensive global fund management experience, Faysal Bank Limited, one of Pakistan’s premier commercial banks. The joint venture partners have international expertise of managing funds in diversified markets around the globe.
FAML has a strong management team and a research based investment structure geared towards providing quality service to its clients. A dedicated research team for each fund works under the supervision of internal investment committee, which is headed by the CEO.
Code of Conduct
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