InfraZamin Pakistan Seminar Champions Green Bonds to Drive Sustainable Finance Growth
InfraZamin Pakistan, in partnership with the State Bank of Pakistan (SBP), Pakistan Banks’ Association (PBA), and the Private Infrastructure Development…
BankIslami Promotes Riba-Free Banking to Unite Pakistan’s Diverse Communities
BankIslami, one of Pakistan’s premier Islamic financial institutions, has launched a bold initiative aimed at promoting riba-free (interest-free) banking across…
SBP Governor Advocates for Boosting Credit to Climate-Resilient Projects for Sustainable Growth
In a recent address, the Governor of the State Bank of Pakistan (SBP) emphasized the critical need to increase credit…
Meezan Bank Partners with ITFC to Bolster Private Sector Trade Support
Meezan Bank, Pakistan’s leading Islamic financial institution, has entered into a groundbreaking agreement with the International Islamic Trade Finance Corporation…
SBP Approves In-Principle and Pilot Operations for EMIs and PSOs/PSPs
The State Bank of Pakistan (SBP) has granted in-principle approval to M/s Toko Lab Private Limited and M/s Accept Technologies…
InfraZamin and Sunridge Foods Launch PKR 2 Billion Agri-Infrastructure Sukuk to Boost Sustainable Food Production in Pakistan
InfraZamin Pakistan has announced a new strategic partnership with Sunridge Foods Limited, a subsidiary of Unity Foods Limited, to issue…
Faysal Bank’s Nine-Month Profit Surges 64%, Declares 15% Interim Dividend
Faysal Bank Limited (FBL), a leading Islamic bank in Pakistan, has reported an impressive financial performance for the nine months…
BankIslami Achieves Strong 20.5% Profit Growth in First Nine Months of 2024 Amid Strategic Expansion
BankIslami has reported significant financial growth for the first nine months of 2024, showcasing a strong commitment to delivering value…
Pakistan Sees Renewed Financing Interest from Global Banks Following Improved Credit Ratings and IMF Program Approval
Islamabad, October 24, 2024 – The recent enhancement in Pakistan’s credit ratings, along with the International Monetary Fund’s (IMF) approval…
Rupee Weakens by 11 Paisas Against Dollar Amid Rising Foreign Payments, Yet Outlook Remains Positive
Karachi, October 24, 2024 – The Pakistani rupee dipped slightly against the U.S. dollar on Thursday, weakening by 11 paisas…