Key Features of Financing Products

Credit Ratings

PACRA upgrades Entity & Instrument Ratings of Bank AL Habib Limited. Alhamdulillah, Pakistan Credit Rating Agency Limited (PACRA) has upgraded the Bank’s long term entity rating at AAA (Triple A). These ratings denote a lowest expectation of credit risk, indicate exceptionally strong capacity for timely payment of financial commitments. The short term rating of the Bank has been maintained at A1+ (A one plus). The ratings of our unsecured, subordinated TFCs have also been upgraded at AA+ (Double A plus) for TFC-2018, and AA (Double A) for TFC-2017 (perpetual). The ratings reflect BAHL’s strong performance, exceptional asset quality and healthy financial profile emanating from a strong equity base. The Bank’s business strategy derives strength from its strong positioning in niche market-trade finance. The ratings draw comfort from the Bank’s experienced management team, prudent risk management policies and deep rooted relationship with clients-borrowers as well as depositors. The ratings incorporate the Bank’s ability to capitalize on its branch network, expansion of deposit base via product innovation and diversification of advances portfolio by establishing relations with business entities in various sectors. Notably, the Bank’s deposit emanate from a wide client base, with a major proportion from in

Harassment At Work Place

Harassment At Work Place Employees must avoid any behavior that may be termed as gender-related harassment of female / male staff / customers. Offensive, threatening or disturbing behavior towards staff and customers at the workplace or in any interaction or situation that is linked to official activity outside the office would also be termed as harassment. In this connection, reference may also be made to HR circulars, Reference No. HR-008(A) and HR-008(B) dated October 29, 2010.

Whistle Blower Policy

Whistle Blower Policy Policy in Reporting Violations Bank AL Habib Limited requires all employees to observe high standards of business and personal ethics in the conduct of their duties and responsibilities. They must practice honesty and integrity in fulfilling their responsibilities and comply with all applicable laws, regulations, policies, and instructions issued from time to time. This Policy outlines a process to enable employees and outside parties to report their knowledge or suspicions about any unethical, illegal, fraudulent, improper, or unauthorized activity within the Bank. This process is intended to be used for serious and sensitive matters. It is not meant for employment-related grievances, which should continue to be routed through normal channels. It is also not meant for business-related complaints, which should continue to be routed to Customer Complaint Unit at Principal Office, Karachi. Procedures/ Communication Channels for Lodgment of Complaints Duty to Report If an employee knows, believes, or suspects that any unethical, illegal, fraudulent, impr

Ways to Bank

Debit Cards Bank AL Habib offers Debit Cards with different transaction limits. Choose the one that fits your needs. Debit Cards are a secure and convenient options shopping, paying bills and more without the need to carry cash. You can also withdraw money from an Automated Teller Machine (ATM) using your BAHL Debit Card and enjoy exclusive offers and discounts. View Details

Islamic Naya Pakistan Certificates

Bank AL Habib has always endeavored to support Pakistan in achieving its economic objectives for growth and prosperity. The Bank now offers Islamic Naya Pakistan Certificates (INPCs), Shariah compliant PKR, USD, GBP & EUR denominated instruments issued by the Government of Pakistan on the basis of Mudarabah with attractive risk-free returns over different maturities. State Bank of Pakistan (SBP) is the sole custodian of the Islamic Naya Pakistan Certificate while Bank AL Habib is acting as an agent. The booking of the certificate is subject to issuance of the certificate by SBP. Invest in Certificate Validating Joint Account Holder to Proceed with Reference Number Shariah Compliant Islamic Naya Pakistan Certificates (INPCs) are Shariah compliant certificates issued on the basis of Mudarabah. Under this arrangement, the holder of certificate is an investor (Rab-ul Maal) and Islamic Naya Pakistan Certificate Company Limited (INCCPL) is the Manager (Mudarib) of the funds deposited by the investors. These funds are then invested in a deposit pool comprising of Shariah-compliant transactions and the return is shared between the investors and INCCPL as per the pre-determined profit-sharing ratios and weightages. Shariah Structure of INPCs USD Certificate Terms and Conditions (Mudarabah Agreement) PKR Certificate Terms and Conditions (Mudarabah Agreement) Eligibility AL Habib Islamic Roshan Digital Account (RDA) Holders (Singly and Jointly Operated) The funds for investment in Certificates must be remitted from abroad Currency Certificate can be booked in PKR, USD, GBP & EUR currencies. How to Invest Investor will submit the request through Bank AL Habib Roshan Digital Account web page and provide investment details such as; account no, tenure, currency and amount to be invested. Funds will be debited from customers AL Habib Islamic Roshan Digital Account for onward purchasing or certificate from SBP. Minimum Investment PKR 10,000 with integral multiples of 1,000 USD 1,000 with integral multiples of 500 GBP 1,000 with integral multiples of 500 EUR 1,000 with integral multiples of 500 Profit Payout (Coupon Payment) 3 months, 6 months and 12 months = At Maturity 3 and 5 Years = Bi Annual The six (6) months for the periodic profit payment shall be determined from the date of issuance of the certificates. For example: if certificates are issued on 10th September 2020, the profit payments shall be made on 10th March 2021 and on subsequent six-monthly dates accordingly Profit Sharing Ratio (PSR) for the Month of February 2025 Mudarabah Pool INPCCL (Mudarib) Share Investor (Rab-ul-Maal) Share PKR 35% of distributable income 65% of distributable income USD 55% of distributable income 45% of distributable income GBP 65% of distributable income 35% of distributable income EUR 70% of distributable income 30% of distributable income Weightages and Expected Return for the Month of February 2025 Tenure PKR (Expected Return) PKR (Profit Weightage Assigned) PKR* (Expected Return- PKR INPC-I) PKR* (Profit Weightage Assigned- PKR INPC-I) PKR** (Expected Return- PKR INPC-II) PKR** (Profit Weightage Assigned- PKR INPC-II) USD (Expected Return) USD (Profit Weightage Assigned) USD* (Expected Return - USD INPC-I) USD* (Profit Weightage Assigned - USD INPC-I) USD** (Expected Return - USD INPC-II) USD** (Profit Weightage Assigned - USD INPC-II) GBP (Expected Return) GBP (Profit Weightage Assigned) GBP* (Expected Return - GBP INPC -I) GBP* (Profit Weightage Assigned GBP INPC -I) GBP** (Expected Return - GBP INPC -II) GBP** (Profit Weightage Assigned GBP INPC -II) EUR (Expected Return) EUR (Profit Weightage Assigned) EUR* (Expected Return - EUR INPC -I) EUR* (Profit Weightage Assigned EUR INPC-I) EUR** (Expected Return - EUR INPC -II) EUR** (Profit Weightage Assigned EUR INPC-II) Profit Payout (Coupon Payment) 3 Months 9.50% 1.10 15.00% 1.80 21.00% 2.20 5.50% 1.70 7.00% 1.70 8.25% 2.10 5.25% 2.10 5.50% 2.10 7.25% 2.20 4.75% 2.71 4.00% 2.71 6.25% 2.80 Maturity 6 Months 10.00% 1.20 15.25% 1.85 21.25% 2.25 6.00% 1.85 7.20% 1.85% 8.50% 2.25 5.50% 2.20 6.00% 2.20 7.50% 2.30 5.00% 2.86 4.50% 2.86 6.50%2.90 Maturity 12 Months 10.50% 1.25 15.50% 1.90 21.50% 2.30 6.50% 2.10 7.50% 2.10% 9.00% 2.30 5.75% 2.30 7.00% 2.30 8.00% 2.40 5.25% 3.00 5.00% 3.00 7.00% 3.20 Maturity 3 Years 10.75% 1.27 14.00% 1.75 17.50% 2.00 6.75% 2.20 8.00% 2.20 8.00% 2.20 6.25% 2.50 7.50% 2.50 7.50% 2.50 5.50% 3.14 6.50% 3.14 6.50% 3.14 Bi-Annual 5 Years 11.00% 1.30 13.50% 1.65 15.00% 1.90 7.00% 2.30 8.00% 2.30 8.00% 2.20 6.50% 2.60 7.50% 2.60 7.50% 2.60 5.75% 3.29 6.50% 3.29 6.50% 3.29 Bi-Annual Bank's Investment in the pool - -- - 17.00% 1.00 - - - - 5.75% 1.00 - - - - 5.25% 1.00 -- - - 4.00% 1.00 - *Note: Applicable on Fresh Booking from 1st October 2022 **Note: Applicable on all the issuances made on or after 10th October 2023. All issuance made on or after 23rd January, 2023 (before 10th October, 2023) for USD, GBP and Euro shall be classified under USD, GBP and Euro INPCs-I All the issuances made on or after 10th October, 2023 shall be classified under USD, PKR, GBP and EURO INPCs-II Declaration of Profit Rates & Profit Payouts for the Month of January 2025 Tenure USD (Actual Return) USD -I (Actual Return) USD -II (Actual Return) PKR (Actual Return) PKR -I (Actual Return) PKR -II (Actual Return) GBP (Actual Return) GBP -I (Actual Return) GBP -II (Actual Return) EUR (Actual Return) EUR -I (Actual Return) EUR -II (Actual Return) 3 Months 0.00% 0.00% 8.25% 0.00% 0.00% 21.00% 0.00% 0.00% 7.25% 0.00% 0.00% 6.25% 6 Months 0.00% 0.00% 8.50% 0.00% 0.00% 21.25% 0.00% 0.00% 7.50% 0.00% 0.00% 6.50% 12 Months 0.00% 7.50% 9.00% 0.00% 0.00% 21.50% 0.00% 7.00% 8.00% 0.00% 0.00% 7.00% 3 Years 6.75% 8.00% 8.00% 10.75% 14.00% 17.50% 6.25% 7.50% 7.50% 5.50% 6.50% 6.50% 5 Years 7.00% 8.00% 8.00% 11.00% 13.50% 15.00% 6.50% 7.50% 7.50% 5.75% 6.50% 6.50% Bank's Investment in the pool 5.75% 5.75% 5.75% 17.00% 17.00% 17.00% 5.25% 5.25% 5.25% 4.00% 4.00%4.00% Premature Encashment There shall be no premature encashment within the first month of issuance of INPCs Certificates can be prematurely encashed (early encashment before maturity). The proceeds for the premature encashment made after the first month and before the end of three months shall be worked-out based on the the repurchase of INPCs at a discounted price based on the redemption table notified by Islamic Naya Pakistan Certificate Company Limited (INPCCL) Profit/proceeds of premature encashment made after 3 months shall be worked out by Islamic Naya Pakistan Certificate Company Limited (INPCCL) based on the weightages applicable to the nearest completed tenures. Maturity Maturity proceeds will be credited back to the investor’s AL Habib Islamic Roshan Digital Account on the same day by the Bank. In case of a holiday, the next working day falling after the holiday will be considered the periodic profit date/principal payment date. No profit will be payable for the period of the holidays. Zakat and Taxes Zakat: The Certificates shall be exempted from compulsory deduction of zakat. Tax: 10% Withholding Tax on profit will be applicable. General Instructions The Certificates shall be pledgeable as security for raising financing in Pakistan subject to conditions prescribed by SBP. The Certificates are not transferable except if required under the relevant laws. SBP and Bank AL Habib reserve the right to accept or reject the investment application if the investor does not comply with the necessary requirements under the rules or instructions. The Certificate will not be automatically reinvested or rolled-over after the maturity date. The above instructions are subject to change from time to time. Invest in Certificate Validating Joint Account Holder to Proceed with Reference Number Naya Pakistan Certificate Tutorials ×

Reasons for Choosing Bank AL Habib

The workplace culture at Bank AL Habib is to keep the customer service satisfaction at its best, we are focused on assisting customer needs and businesses to succeed financially. Bank AL Habib Limited (BAHL) is a place to learn, to share ideas, to develop one’s talent, find meaning and realise one’s passion. In a short span of 25 years, BAHL has secured its position as one of the top banks in Pakistan, just the right place that offers opportunities of growth, progress and developing a successful career! Our people come from diverse backgrounds, they bring unique perspectives to our collaborative environment, every employee is a valuable resource who needs to be nurtured, and respected. Employees’ happiness quotient is very important to us, that is why constant communication is maintained to gauge their happiness. We believe that when talent is merged with the right opportunity in an organization, amazing things can happen. This is what makes Bank AL Habib, a place of opportunity, where your skills can help you make your banking career with us.

Dawood Habib Group

Dawood Habib Group Bank AL Habib Limited is a group company of Dawood Habib Group that has a long track record of banking. The group was amongst the sponsors and founder members of Habib Bank Limited, which was established in Bombay in 1941. Upon creation of Pakistan, the bank shifted its Head Office to Karachi and played a vital role in meeting the banking and financial needs of the country. Habib Bank was the leading private sector bank in Pakistan, with a large network of branches in the country as well as abroad, when it was nationalized by the Government of Pakistan along with all other private Pakistani banks on January 1, 1974. In 1991, the Government of Pakistan decided to allow the private sector to establish commercial banks in the country. It was under this privatization policy that Dawood Habib Group was granted permission by the Government to set up a new commercial bank in Pakistan. Accordingly, Bank AL Habib Limited was incorporated in October 1991 and commenced operations in January 1992. Although Bank AL Habib started functioning in 1992, it embodies the same high standards of integrity, prudence, and trust which has been the hallmark of the Habib’s banking tradition for over 70 years.

Introduction to Islamic Banking

.py-5 h2:first-of-type { display: none; } .w-75 { width: 100% !important; } In 2004, Bank AL Habib Limited obtained the license for Islamic Banking operations and established an independent Islamic Banking Division (BAHL-IBD) in 2004. In 2005, Bank AL Habib opened it's first dedicated Islamic Banking Branch and started business operations. The Islamic Banking Division is supervised by the esteemed Shariah Board and regulated by State Bank of Pakistan. Bank AL Habib Limited Islamic Banking Division offers its products and services from a growing network of 309 dedicated Islamic branches. In addition, it also operates from 10 Islamic Banking Windows established in selected conventional branches of the bank. This Islamic network is spread over 118 major cities of Pakistan. Shariah Compliance Department (SCD) Personnel Islamic Branches 309 Islamic Windows 10 Cities Covered 118