Faysal Bank, Waseela Pakistan Sign MoU to Deliver Shariah-Compliant Digital Financing to Farmers
Faysal Bank partners with Waseela Pakistan to provide fast-track, Shariah-compliant agricultural financing under the Electronic Warehouse Receipt framework, expanding digital access for farmers.
Bank Al Habib Reports 22.5% Drop in FY2025 Profit Amid Lower Interest Income
Bank Al Habib posts Rs32.47bn net profit for FY2025, down 22.5% YoY, driven by lower interest income despite gains in non-funded revenue and improved asset quality, declaring Rs4.5 dividend per share.
Faysal Bank Teams Up with Waseela Pakistan to Expand Shariah-Compliant Digital Financing for Farmers
Faysal Bank and Waseela Pakistan sign MoU to deliver fast-track, Shariah-compliant financing via Electronic Warehouse Receipts, improving transparency, efficiency, and access to digital agricultural credit.
Habib Bank Transfers Nearly 4 Million Shares to Employees Under Deferred Compensation Program
Habib Bank Limited credits 3,965,914 shares to employees under its Risk Aligned Remuneration Policy, ensuring compliance with PSX regulations and Securities Act 2015, enhancing long-term incentive alignment.
Meezan Bank Reports Rs92.18 Billion Profit for 2025, EPS Declines Amid Challenging Economic Conditions
Meezan Bank posts Rs92.18bn profit after tax for CY25, down 11.13% YoY, driven by lower Islamic financing returns and higher operating expenses, while fee income and foreign exchange gains partially offset declines.
SBP Injects Rs1.607 Trillion Through Conventional and Shariah-Compliant OMO to Support Market Liquidity
The State Bank of Pakistan conducted reverse repo and Shariah-compliant Modarabah-based Open Market Operations, injecting a total of Rs1.607 trillion to stabilize liquidity and support banking sector operations.
NIBAF Pakistan Holds Capacity Building Program for Shariah Scholars in Lahore
NIBAF Pakistan organizes a two-day capacity building program for Shariah scholars, focusing on Islamic banking principles and contemporary financial practices.
NIBAF Pakistan Hosts Islamic Agri Finance Training to Strengthen Shariah-Compliant Banking
NIBAF Pakistan conducted a two-day Agri Training Program on Understanding Islamic Agri Finance on January 26–27, 2026, in Sialkot, focusing on Shariah-compliant agricultural financing, risk management, and product structuring.
Bank Makramah Restructures Shareholding, Converts Rs3.35bn TFCs into Equity
Bank Makramah Limited has approved a restructuring plan to revise sponsor share valuation, enhance free float, and convert Rs3.35 billion in TFC liabilities into equity, subject to regulatory and court approvals.
SBP Simplifies Overseas Remittance Rules to Cut Delays and Improve Banking Efficiency
State Bank of Pakistan relaxes foreign remittance rules, allowing banks to send salaries and professional fees abroad without prior SBP approval, aiming to improve efficiency and ease compliance.