

UBL Becomes Most Valuable Bank in Pakistan, Surpassing Meezan Bank
United Bank Limited (UBL), one of Pakistan’s leading financial institutions, has claimed the title of the most valuable bank in…

PQG Partners with ILMA University to Strengthen Talent Pool in Islamic Finance
Pak-Qatar Group (PQG), a leading pioneer in Pakistan’s Islamic financial services sector, has entered into a strategic partnership with ILMA…

SBP Updates Minimum Profit Rate Guidelines for Bank Deposits
The State Bank of Pakistan (SBP) has revised its guidelines regarding the minimum profit rate on deposits, effective January 1,…

Bank Alfalah Partners with IMSciences to Boost Islamic Finance Innovation and Talent Development
Bank Alfalah has entered into a strategic partnership with the Institute of Management Sciences (IMSciences) to drive advancements in Islamic…

Bank Alfalah Withdraws 5% Fee on High-Value Accounts Amid Regulatory Changes
Bank Alfalah Limited (BAFL) has announced the immediate withdrawal of its recently introduced 5% monthly fee on month-end balances exceeding…

NETSOL Announces Treasury Share Sale to Employees and Share Buy-Back Plan
NetSol Technologies Limited, a prominent player in Pakistan’s technology sector, has unveiled plans to buy back 10 million ordinary shares…

Federal Committee Focuses on Boosting Wheat Production for Rabi 2024-25
Pakistan’s Federal Committee on Agriculture (FCA) convened on October 29, 2024, to set ambitious production targets for the Rabi 2024-25…

Bank of Punjab Installs Air Purifiers in 18 Districts to Safeguard Health Amid Smog Crisis
In response to the ongoing smog crisis affecting various parts of Punjab, the Bank of Punjab (BOP) has launched a…

Building Better Banking Practices in Pakistan’s Economy
Banks occupy a central role in any economy, and their alignment with broader goals of economic stability and development can…

SBP Revises Guidelines for Shariah Scholars in Islamic Banking to Strengthen Compliance
The State Bank of Pakistan (SBP) has introduced revised guidelines for appointing Shariah scholars in Islamic banking institutions (IBIs). These…