Hong Kong Passes Stablecoins Bill to Establish Licensing Regime for Digital Asset Issuers
The Government of Hong Kong has officially welcomed the passage of the Stablecoins Bill by the Legislative Council on May…
SECP Proposes New Measures to Promote Shariah-Compliant Intermediaries in Capital Markets
The Securities and Exchange Commission of Pakistan (SECP) has taken a significant step toward bolstering Islamic finance in the country…
AAOIFI Releases Arabic Version of Financial Accounting Standard 44 on Asset and Business Control
The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) has officially issued the Arabic version of its Financial Accounting…
SECP Proposes Self-Regulation Framework for Financial Sector Through Empowered Industry Associations
The Securities and Exchange Commission of Pakistan (SECP) has introduced a forward-looking regulatory development with the release of its Consultation…
SECP Unveils Framework to Promote Self-Regulation and Empower Industry Associations
The Securities and Exchange Commission of Pakistan (SECP) has released a detailed consultation paper proposing a comprehensive framework designed to…
AAOIFI Approves Draft of FAS 51 on Participatory Ventures and Reviews Key Standards at 42nd Accounting Board Meeting
The Accounting Board (AAB) of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) convened its 42nd meeting on…
SECP Launches Compliance Checklists and Boosts Grievance Redressal Mechanisms to Facilitate Stakeholders
The Securities and Exchange Commission of Pakistan (SECP) has rolled out new compliance checklists aimed at simplifying and clarifying the…
AAOIFI Announces 23rd Annual Shari’ah Boards Conference with Global Participation and Central Bank of Bahrain Support
The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) has officially announced the 23rd edition of its Annual Shari’ah…
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…
SBP Maintains 3.32% Remuneration Rate on Special Cash Reserve Account for May 2025
The State Bank of Pakistan (SBP) has announced that the remuneration rate for Special Cash Reserve Accounts (US$) will remain…