Bank Makramah Limited (BML), formerly known as Summit Bank Limited (SMBL), offers convenient banking services to its valued customer base in Pakistan. With its recent transition from SMBL to BML, the bank stands steadfast, representing its unwavering commitment to excellence and innovative standards as its cornerstones.
BML emerged in 2023 post the acquisition of its 60.45% shares by a renowned businessman and investor, His Excellency Nasser Abdulla Lootah. This strategic move not only reflects H.E.’s confidence in the country and the bank, but also marks a new era as it transitions into a full-fledged Islamic Bank under his vision.
With the Bank’s modified vision of becoming a thriving Islamic financial institution, it has merged tradition and heritage with commitment, flexibility, innovation, and a forward-thinking approach in all its offerings. Currently encompassing a network of over 170 branches and 200+ ATMs spread across 60+ cities in Pakistan, BML is driving its Investor’s vision of adopting a progressive and innovating banking, while adhering to the Shariah-compliant principles, keeping its customers at the forefront.
In line with the organisational ethos of prioritising the realisation of its vision, the Bank has successfully transformed 45+ branches into licensed Islamic branches.