Global Islamic Banks Withstand Iran Conflict Fallout with Strong Credit Fundamentals
Fitch Ratings reports that Islamic banks in the GCC and emerging markets maintain resilience despite geopolitical tensions and a slowdown in March 2026 sukuk issuance.
NIBAF Pakistan Commences Islamic Banking Certificate Course Module 3 in Lahore
NIBAF Pakistan launches the 78th Islamic Banking Certificate Course in Lahore featuring expert sessions by Farhan Ul Haq Usmani on Shariah compliant finance.
PACRA Upgrades Faysal Bank Long-Term Rating to AA+ Following Successful Islamic Transition
Faysal Bank Limited receives a long-term entity rating upgrade from PACRA to AA+ driven by strong digital growth, retail deposit surges, and Islamic banking leadership.
SBP Injects Rs14.26 Trillion into Market via Massive OMO Operations
The State Bank of Pakistan injects a cumulative Rs14.26 trillion through conventional and Shariah-compliant Open Market Operations to manage liquidity.
SBP Data Reveals Conventional Banking Credit Retreat as Islamic Finance Surges
State Bank of Pakistan reports a net retirement of Rs32.8 billion in private sector credit by conventional banks, while Shariah-compliant lending sees a massive spike.
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 Sharia Finance Momentum Continues as Government Raises Rs118 Billion via Sukuk Auction
The Government of Pakistan successfully raised Rs118.05 billion through its 32nd Ijarah Sukuk auction, signaling a massive shift toward Sharia-compliant digital finance.
Mashreq Bank Pakistan CEO Muhammad Hamayun Sajjad Hosts Media Iftar in Karachi
CEO of Mashreq Bank Pakistan, Muhammad Hamayun Sajjad, reaffirms the bank’s Islamic-first, digital-first strategy and announces upcoming SME products at a Karachi Iftar.
Allied Bank Accelerates Digital Transformation and Islamic Banking Expansion
Allied Bank Limited unveils a massive tech-driven strategy for 2026 including artificial intelligence integration and a 5 million debit card milestone.
Pakistan Islamic Banking Sector Hits Record 14 Trillion Milestone as Financing Demand Surges
The State Bank of Pakistan reports a massive expansion in the Islamic banking sector with assets reaching 14.467 trillion and a 38 percent share in total financing.