SECP Flags Surge in Fake Trading Apps as Investors Fall Prey to Digital Market Scams
Pakistan’s financial regulator has uncovered a rise in unauthorized trading platforms impersonating licensed brokers, using celebrity images, AI-generated ads, and WhatsApp groups to lure investors into fraudulent schemes.
IMF Flags Governance Risks as Pakistan Navigates Major Shift Toward Islamic Banking
The IMF’s latest governance and corruption diagnostic assessment highlights structural, regulatory, and governance vulnerabilities in Pakistan’s financial sector as the country advances toward a full Islamic banking transition by 2028.
Mobilink Bank Launches Digital Islamic Banking to Lead Shariah-Compliant Innovation in Pakistan’s Microfinance Sector
Mobilink Bank has launched Islamic banking operations aimed at delivering Shariah-compliant, digitally driven financial services across Pakistan’s microfinance landscape, marking a major milestone in inclusive finance.
SBP Foreign Exchange Reserves Rise by $27 Million, Total Liquid Reserves Reach $19.74 Billion
The State Bank of Pakistan’s foreign exchange reserves rose by $27 million, reaching $14.551 billion, while total liquid reserves stood at $19.738 billion, supported by commercial bank holdings and anticipated IMF inflows.
SBP Injects Over Rs2 Trillion into Market Through Conventional and Shariah-Compliant OMO
The State Bank of Pakistan injected Rs2.17 trillion into the financial system via conventional reverse repo and Shariah-compliant Modarabah-based Open Market Operations, aiming to address liquidity shortages and support market stability.
IMF Raises Red Flags Over Governance Gaps in Pakistan’s Financial Sector Amid 2028 Islamic Banking Shift
An IMF governance diagnostic warns that while Pakistan’s financial sector shows resilience, governance weaknesses, institutional gaps, and the upcoming shift to a fully Islamic banking system by 2028 pose significant risks to long-term financial stability.
IMF Report Flags Deep Governance Flaws in Pakistan’s Tax System, Calls for Urgent Structural Reforms
An IMF Governance and Corruption Report reveals major structural weaknesses in Pakistan’s tax system, highlighting excessive complexity, persistent corruption risks, and the urgent need for an independent Tax Policy Office to drive long-term reform.
Finance Minister Aurangzeb Reviews Pakistan’s Emerging Virtual Asset Framework During First Visit to PVARA
Finance Minister Muhammad Aurangzeb conducted his first official visit to the Pakistan Virtual Asset Regulatory Authority, receiving a detailed briefing on the country’s developing oversight framework for digital and virtual assets.
Over 20,000 Women Entrepreneurs Secure Rs24 Billion in Financing as SBP Expands Inclusion Initiatives
The State Bank of Pakistan reports that more than 20,000 women-led businesses received over Rs24 billion in financing during the past year, reflecting strengthened national efforts to expand financial inclusion and support women’s economic participation.
HBL Targets Stronger Deposit Growth, Digital Expansion, and Improved Efficiency as Strategic Priorities for 2025
HBL outlines its strategic priorities for deposit growth, digital banking expansion, and operational efficiency as the bank reinforces its position in Pakistan’s evolving financial landscape.