NIBAF Advances Islamic Finance Education with Successful Launch of IBCC-73 Module 1 in Karachi
NIBAF Pakistan conducted Module 1 of the Islamic Banking Certificate Course (IBCC-73) from July 21–26, 2025, in Karachi. The program trained professionals from SBP and commercial banks in Shariah-compliant finance, Islamic products, and regulatory frameworks, strengthening Islamic banking in Pakistan.
NIBAF Hosts Leadership Training in Lahore Focused on Neuroscience Strategies and Decision-Making Excellence
NIBAF conducted a two-day leadership training in Lahore titled “Empower Your Leadership,” led by Azam Jamil, with guest speakers Zafar Masud and Prof. Dr. Omer Chaudhary. The neuroscience-based program focused on strategic thinking, emotional intelligence, and executive decision-making.
NIBAF Concludes Module 1 of Islamic Banking Certification Course to Advance Shariah-Compliant Finance in Pakistan
NIBAF Pakistan successfully conducted Module 1 of the Islamic Banking Certificate Course (IBCC-73) in Karachi, empowering professionals from SBP and commercial banks with in-depth knowledge of Shariah-compliant finance and regulatory frameworks.
PM Shehbaz Sharif Approves International-Standard Digital Ecosystem for FBR to Enhance Tax Monitoring and Economic Insight
Prime Minister Shehbaz Sharif has approved the creation of a centralized digital ecosystem for the FBR to improve tax monitoring, boost compliance, and support economic decision-making.
Standard Chartered Pakistan to Temporarily Suspend Credit Card Services for Scheduled Maintenance
Standard Chartered Pakistan will temporarily disable credit card services nationwide from 7:00 pm on 26 July to 5:00 am on 27 July 2025 for system maintenance.
Industrialists Urge SBP to Slash Interest Rate to Spur Growth and Revive Investment
Leading trade and industry figures across Pakistan urge SBP to cut the policy rate to single digits, citing high costs, low inflation, and regional competitiveness concerns.
SBP Pushes Banks and REs to Digitize Merchant Payments Under New Onboarding Framework
State Bank of Pakistan introduces digital onboarding framework and directs banks to offer payment acceptance tools like Raast QR and POS to boost merchant digitization.
PBA Chairman Zafar Masud Calls for Breaking Data Silos, Unveils Plans for Financial Data Exchange
PBA Chairman Zafar Masud unveils plans for a national financial data exchange to break institutional data silos and enable inclusive, digital finance in Pakistan.
SBP Reserves Drop by $69 Million to $14.46 Billion, Despite Strong Fiscal-Year Growth
The State Bank of Pakistan’s foreign exchange reserves fell by $69 million to $14.46 billion in the week ending July 18, 2025, even as cumulative fiscal-year gains remain strong with an increase of over $5.3 billion.
SBP Injects Rs2.66 Trillion into Money Market Through 7-Day OMO
The State Bank of Pakistan has injected Rs2.667 trillion into the financial system via a 7-day Open Market Operation (OMO), including both conventional and Shariah-compliant tranches, to maintain short-term liquidity in the market.