SBP Clarifies Two-Hour Cooling Period in Digital Fund Transfers to Prevent Fraud
SBP clarified that digital fund transfers in Pakistan are instant, with a two-hour cooling period applied only to branchless banking cash-outs and usage, serving as a safeguard against fraud.
NIBAF Concludes Certified General Banking Officer Training Batch 6 in Karachi
NIBAF has successfully concluded the Certified General Banking Officer Training Batch 6 in Karachi, in collaboration with Sindh Bank Limited, to strengthen professional skills and enhance the capacity of banking officers.
NIBAF Conducts Islamic Banking Certification Program for Bank Alfalah Officers in Karachi
NIBAF successfully conducted the 74th Islamic Banking Certification Program for Bank Alfalah officers in Karachi, reinforcing efforts to strengthen Shariah-compliant financial practices in Pakistan’s banking sector.
Pakistan Sets Rs6.4 Trillion Borrowing Plan to Manage Public Debt in FY26
Pakistan plans Rs6.4 trillion in borrowing for FY26 to manage an Rs81.5 trillion public debt, prioritizing domestic instruments, Sukuks, and multilateral support under IMF oversight.
SBP Injects Rs3.2 Trillion Liquidity Through OMO to Stabilize Banking System
The State Bank of Pakistan injected Rs3.21 trillion liquidity through reverse repo and Modarabah-based OMOs, ensuring stability across conventional and Islamic banking systems.
Pakistan Stock Exchange Breaks 162,000 Barrier Amid Strong Political and Economic Optimism
The Pakistan Stock Exchange soared to a record close above 162,000 points, driven by renewed US-Pakistan ties, optimism over the IMF review, and strong corporate earnings in key sectors.
Pakistan’s Forex Reserves Increase by $57 Million, SBP Reports Steady Gains
Pakistan’s foreign exchange reserves rose by $57 million in the week ending September 19, 2025, with SBP holdings reaching $14.379 billion and commercial banks’ reserves climbing to $5.414 billion. The increase reflects improved inflows and reduced outflows, with expectations of further strengthening through IMF support.
NIBAF Conducts Leadership Sensitization Session on Islamic Banking for HMB Executives
NIBAF Pakistan conducted a Leadership Sensitization Session on Islamic Banking for senior executives of Habib Metropolitan Bank in Karachi. Led by Mufti Muhammad Najeeb Ahmed Khan, the session focused on leadership perspectives, strategic alignment, and strengthening management capacity in Shariah-compliant banking.
FBR Challenges President’s Order in MH Traders Tax Case Amid Legal Debate
A legal dispute has emerged between the FBR and the President of Pakistan over a tax order for MH Traders. The controversy raises questions about presidential authority, FBR enforcement powers, and statutory compliance under Section 18 of the Federal Ombudsman Institutional Reforms Act.
Gas Curtailment Causes Rs43 Billion Revenue Loss for OGDC in FY25
OGDC reports a Rs43 billion revenue loss for FY25 due to domestic gas curtailment amid LNG imports. The company anticipates future production growth from Wali and Spinwam fields, ongoing projects, and expects resolution of circular debt issues to strengthen cash flows.