‘Bank Makramah under Islamic system will provide better services’

HYDERABAD: President Hyderabad Chamber of Small Traders and Small Industry Muhammad Farooq Shaikhani has said that success in this world and the hereafter can be achieved only through interest-free banking system. All the commercial banks of Pakistan are welcome to transform the banking system under Islamic concepts.

He expressed these views while talking about the change of name, logo and opening ceremony of Summit Bank into Bank Makramah Limited Limited, Sadder Branch Hyderabad.

He said that Summit Bank was providing excellent services to the people and the business community earlier and now with the name of Bank Makramah Limited (BML) under the Islamic system, its services will not only be better but also the trust of the people and the business community will get stabled.

President Chamber said that the success of the bank lies behind the good behavior of the staff and we expect BML will provide his best facility to the business community in all matters of transactions with an interest-free system.

On this occasion a shield was also presented to the President Chamber by Mohsin Mehmood, Regional General Manager of BML.

Former President Saleemuddin Qureshi, executive committee members Sikander Ali Rajput, Muhammad Yaseen Khilji, Kashif Shaikh, Muhammad Fahad Mian, Muhammad Ayub Shaikh, Member Faisal Akbar and officers of BML were present in the inauguration ceremony.

The article, originally published on December 3, 2023, was updated on December 4, 2023 to correct the name of the bank as Bank Makramah Limited. The error is regretted, and has been rectified.

Copyright Business Recorder, 2023