BankIslami Pakistan Approves 5 Billion Sukuk Issuance to Bolster Capital Adequacy
BankIslami board approves the issuance of a Shariah-compliant Sukuk worth 5 billion to strengthen Tier 2 capital and support Islamic banking growth.
UBL Shatters Records with Historic 100 Billion Quarterly Profit Milestone
United Bank Limited makes history as the first Pakistani bank to cross 100 billion in quarterly pre-tax profit, driven by a 35.5 percent year-on-year growth.
State Bank of Pakistan Injects 15 Trillion Rupees into Banking System via Open Market Operations
The State Bank of Pakistan conducted massive liquidity injections totaling 15.01 trillion rupees through conventional reverse repo and Shariah-compliant operations to stabilize the market.
Pakistan Total Money Supply Reaches Rs46.67 Trillion as Cash Demand Spikes
New State Bank of Pakistan data shows the national money supply hit Rs46.67 trillion in February 2026, driven by a 20 percent annual surge in currency notes.
SBP Foreign Exchange Reserves Increase by $22 Million, Reaching $14.52 Billion
The State Bank of Pakistan’s (SBP) foreign exchange reserves grew by $22 million, reaching $14.52 billion as of November 7, 2025. This increase comes amidst broader economic efforts to stabilize and strengthen Pakistan’s financial system.
Bank Islami Pakistan’s Profit Plunges 50% in 9MFY25 Amid Rising Costs and Lower Yields
Bank Islami Pakistan Limited (PSX: BIPL) reports a sharp 50% decline in profit after tax for the nine months ended September 30, 2025, driven by compressed net profit margins, higher operating costs, and lower yields, despite strong securities gains and improved fee income.