Islamic banking is a system in which all financial transactions are conducted in strict accordance with Islamic law, where interest (riba) is strictly prohibited. All banking activities are carried out following the principles of the Islamic Shariah.

Union Bank PLC operates under the supervision of a Shariah Supervisory Committee based on these principles. To ensure proper adherence to Shariah guidelines, Union Bank PLC consciously undertakes various programs throughout the year for both its officials and customers.