Chitral gets NBP’s first Islamic branch

KARACHI: The National Bank of Pakistan (NBP) has recently opened its first Islamic branch in Chitral in an attempt to spread its outreach by providing Shariah-compliant financial services to remote and underserved areas, a statement said on Tuesday.

“The people of Chitral have expressed their preference for the Islamic mode of financing and it was this desire of the local population that motivated the NBP to open its first branch in Chitral,” Saeed Ahmad, president of the NBP, said at the inauguration of the branch.