NIBAF Pakistan Hosts Two-Day Currency Management Training for SBP BSC Officials at Lahore Campus
In a continued effort to enhance operational excellence and currency management expertise, the National Institute of Banking and Finance (NIBAF)…
SBP’s Foreign Exchange Reserves Rise to $10.21 Billion, Reflecting Minor Weekly Uptick
The State Bank of Pakistan’s (SBP) foreign exchange reserves rose marginally by $9 million to reach $10.21 billion during the…
World Liberty Financial Partners with Pakistan to Boost Blockchain and DeFi Innovation
World Liberty Financial (WLF), a decentralized finance (DeFi) platform reportedly backed by former U.S. President Donald Trump, has entered into…
Only Two PSX-Listed Firms See Positive Returns Following 2025 Stock Split Announcements
Karachi, May 2, 2025 – In a trend aimed at boosting market participation and improving liquidity, six companies listed on…
Bank Alfalah Exits Brokerage Business with Full Divestment of Alfalah Securities to Optimus Capital
Karachi, May 2, 2025 – In a significant move reflecting strategic realignment within Pakistan’s financial sector, Bank Alfalah Limited (PSX:…
Currency Exchange Rates in Pakistan on May 2, 2025
Karachi, May 2, 2025 – As financial markets open for the final weekday, the latest currency exchange rates in Pakistan…
Muhammad Ali Gulfaraz Appointed CEO of Dubai Islamic Bank Pakistan, Signaling Strategic Focus on Digital and Governance Transformation
Dubai Islamic Bank Pakistan Limited has officially announced the appointment of Muhammad Ali Gulfaraz as its new Chief Executive Officer,…
Pakistan Finance Minister Reassures S&P Global on Economic Stability and Reform Progress Amid Ratings Review
Federal Minister for Finance and Revenue, Muhammad Aurangzeb, reaffirmed Pakistan’s commitment to macroeconomic stability and inclusive growth during a virtual…
AAOIFI Responds to Industry Feedback on Draft Shari’ah Standard No. 62 for Sukuk
The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) has issued an official response to queries arising from the…
JazzCash Expands to Gulf Region to Streamline Remittances and Accelerate Fintech Innovation
JazzCash, Pakistan’s leading digital financial services platform, is set to expand its regional footprint with a strategic move into the…