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MCB Islamic Bank is a Pakistani
Islamic bank Islamic banking, Islamic finance ( ar, مصرفية إسلامية), or Sharia-compliant finance is banking or financing activity that complies with Sharia (Islamic law) and its practical application through the development of Islamic economics ...
which is a subsidiary of
MCB Bank MCB Bank Limited () is a Pakistani multinational commercial bank which is based in Lahore, Punjab, Pakistan. The majority of shares are owned by Pakistani conglomerate Nishat Group and Malaysian bank Maybank. The bank has a network of 1,600 bran ...
. It was established in 14 September 2015. In 2015, MIB was established as a demerger from MCB and
NIB Bank NIB Bank was a Pakistani bank which was based in Karachi, Pakistan. It was formed in 2003 as a result of merger of IFIC Bank and the National Development Leasing Corporation (NDLC), and this newly formed entity was called the NDLC-IFIC Bank (NIB) ...
for .


References

{{DEFAULTSORT:MCB Islamic Bank Nishat Group Banks established in 2015 Islamic banks of Pakistan Companies based in Lahore Pakistani companies established in 2015