MCB Islamic Bank is a Pakistani Islamic bank which is a subsidiary of MCB Bank. It was established in 14 September 2015.[1]

MCB Islamic Bank
Company typePrivate
IndustryIslamic bank
Founded14 September 2015; 9 years ago (2015-09-14)
HeadquartersLahore-54660, Pakistan
Products
ParentMCB Bank
Websitemcbislamicbank.com.pk

In 2015, MIB was established as a demerger from MCB and NIB Bank for Rs. 7.9 billion.[2]

References

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  1. ^ Mehdi, Ali Raza (October 5, 2015). "MCB Bank's foray into Islamic banking". Dawn.
  2. ^ "MCB Bank demerges Islamic banking group against Rs7.946bln". The News International.