Historical Muslim Banking Institutions
On 14 August 1947 the only fully operational Muslim Bank in Pakistan's territory was :
14 اگست 1947 کو پاکستان کی سرزمین پر واحد مکمل طور پر کام کرنے والا مسلم بینک تھا:
Answer: Allied Bank Ltd
Explanation
Allied Bank (ABL)(الائیڈ بینک لمیٹڈ) is the fifth largest commercial bank in Pakistan .
Allied Bank with its registered office in Lahore.
It was the first Muslim bank established before Pakistan became independence in 1942 with the name of Australasia Bank.
It was renamed to Allied Bank of Pakistan in 1974.
This question appeared in
Past Papers (2 times)
District Zakat Officer DZO Past Papers and Syllabus (1 times)
Zakat and Ushr Department Past Papers, Syllabus, Jobs (1 times)
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PAK STUDY (1 times)
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