State Bank of Pakistan Injects 4.62 Trillion Rupees into Banking System via Open Market Operations
The SBP conducts massive liquidity injections totaling 4.62 trillion rupees through conventional reverse repo and Shariah-compliant OMOs to stabilize the market.
National Bank of Pakistan Pivot: Digital Infrastructure Over Branch Expansion Leads CY25 Strategy
National Bank of Pakistan reports a 3.2x profit surge in CY25 as management shifts focus from physical branches to digital scaling and Shariah-compliant growth.
Meezan Bank Reports Record Monthly Card Spending of Rs45 Billion as Digital Payments Surge in Pakistan
Pakistan experiences a significant shift toward a cashless economy with Meezan Bank recording a milestone Rs45 billion in monthly card spending amid rising digital adoption.
NIBAF Pakistan Conducts Specialized Islamic Banking Training on Deposits and Pool Management
NIBAF Pakistan organizes a two day training program for commercial bank officers in Karachi focusing on Shariah compliant pool management and deposit structures.
NIBAF Pakistan organizes a two day training program for commercial bank officers in Karachi focusing on Shariah compliant pool management and deposit structures.
NIBAF Concludes Specialized Islamic Banking Certificate Course Module 3 in Lahore
NIBAF Pakistan successfully hosted the 6-day IBCC-78 Module 3 training program in Lahore to enhance Shariah compliance and Islamic banking expertise.
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.
Uzbekistan Officially Legalizes Islamic Banking Framework to Boost Investment
President Shavkat Mirziyoyev signs new legislation introducing Sharia compliant financial services in Uzbekistan to diversify the banking sector and attract global investors.
BankIslami Pakistan Appoints Majid Ali Syed as Chief Financial Officer
BankIslami Pakistan Limited names industry veteran Majid Ali Syed as CFO to lead financial transformation and strategic growth initiatives.
NIBAF Pakistan Advances Shariah Compliance Through Islamic Banking Certificate Course
NIBAF Pakistan holds the third day of its Islamic Banking Certificate Course in Lahore featuring expert insights from Mufti Rafay Ashraf Usmani.
BankIslami Exchange Company Receives State Bank Authorization for Business Commencement
BankIslami Pakistan announces that its subsidiary, BIPL Exchange Company, has received formal authorization from the SBP to commence foreign exchange operations.