Pak-Qatar Family Takaful Plans $3.9 Million IPO to Boost Islamic Insurance Growth in Pakistan
Pak-Qatar Family Takaful plans to raise $3.9 million through an IPO in Pakistan, supported by leading Qatari investors. The offering aims to strengthen capital, expand digital channels, and boost Islamic insurance growth in a rapidly evolving financial landscape.
TMC and Azentio Partner to Accelerate Islamic Banking Transformation in Pakistan
TallyMarks Consulting and Azentio have announced a strategic partnership to accelerate digital transformation in Pakistan’s Islamic banking sector. The collaboration aligns with the State Bank of Pakistan’s Islamic finance roadmap, combining regulatory compliance with cutting-edge technology to foster growth and innovation.
Quwat Goes Live on PayFast, Expanding Digital and Assisted Financial Access Across Pakistan
Quwat’s integration with PayFast marks a major milestone in Pakistan’s digital finance journey, combining cutting-edge digital payment networks with on-ground financial access to promote secure, inclusive, and innovative payment experiences nationwide.
BankIslami Wins Best Islamic Banking Brand at GIFA Awards 2025
BankIslami has been honored with the title of Best Islamic Banking Brand at the Global Islamic Finance Awards 2025, reflecting its mission of promoting Shariah-compliant finance and the efforts of its leadership and workforce.
HBL Microfinance Bank Welcomes New Leaders to Advance Financial Inclusion in Pakistan
HBL Microfinance Bank welcomes new members to its leadership and operational teams, reinforcing its mission of creating impact, driving innovation, and building a financially inclusive Pakistan.
Unconventional – The Bank No One Saw Coming: Book on Meezan Bank’s Transformative Journey Launched in Karachi
A new book titled “Unconventional – The Bank No One Saw Coming,” authored by Sibtain Naqvi, was launched in Karachi, chronicling the rise of Meezan Bank and its impact on Pakistan’s financial industry. The event, attended by notable figures including former SBP Governor Dr Ishrat Husain, highlighted the bank’s evolution, leadership, and pioneering role in Islamic finance.
Islamic Banking Captures 25% Industry Share in Pakistan, Says Former SBP Governor
Former SBP Governor Ishrat Husain highlighted the impressive growth of Islamic banking in Pakistan, which now holds 25% of the country’s total banking industry. Speaking at the launch of a book on Meezan Bank, he emphasized the sector’s role in fostering inclusive growth, poverty alleviation, and financial stability.
Neem Powers Launch of Leopards Wallet for Merchants Across Pakistan, Driving Fintech Innovation in Logistics
Neem partners with Leopards Courier Services to launch Leopards Wallet, empowering merchants across Pakistan with real-time settlements, digital payments, and financial control through advanced fintech infrastructure.
KPMG and Karandaaz Collaborate with SBP to Design Pakistan’s Digital Payment Escrow Framework
KPMG in Pakistan, in partnership with Karandaaz and the State Bank of Pakistan, hosted an industry consultation in Karachi to develop a strategic roadmap for digital payment escrow services, fostering collaboration across the financial and fintech ecosystem.
Mastercard’s Arslan Khan to Speak at AMC9 on Advancing Women’s Financial Inclusion in Pakistan
Mastercard Pakistan and Afghanistan’s Country Head, Arslan Khan, will participate in AMC9 — organized by the Pakistan Microfinance Network (PMN) in collaboration with UNIDO — to discuss how partnerships between global payment networks, fintechs, and microfinance institutions can drive women’s financial inclusion and digital empowerment in Pakistan.