NOTIFICATION
In
exercise of the powers conferred on it by clause (b) of
Sub-Section (2) of Section 37 of the State Bank of Pakistan
Act, 1956, the State Bank of Pakistan is pleased to direct
the de-scheduling of Al Baraka Islamic Bank Pakistan Operations
with effect from the close of business on October 29, 2010,
on account of its merger with and into Emirates Global Islamic
Bank Limited, in terms of sanction order dated September
30, 2010 under Section 48 of the Banking Companies Ordinance,
1962.