SBP Injects Over Rs4 Trillion into Money Market Through Reverse Repo and Modarabah-Based OMO
The State Bank of Pakistan (SBP) conducted a large-scale Open Market Operation (OMO) to inject over Rs4.24 trillion into the financial system, addressing short-term liquidity needs through both conventional reverse repo and Shariah-compliant Modarabah-based instruments.
BankIslami Appoints Saira Gabol as Head of Human Resources, Strengthening Leadership for Future Growth
BankIslami Pakistan appoints Saira Gabol as Head of Human Resources, leveraging her international HR expertise to strengthen leadership development, organizational culture, and people strategy within the bank.
Faysal Bank Posts Rs15.5bn Profit for 9MFY25, Announces Rs1.5 per Share Dividend
Faysal Bank Limited posted a profit after tax of Rs15.55 billion for the nine months ended September 2025, down 24% year-on-year, and declared a Rs1.50 per share dividend. Despite higher expenses and tax pressure, the bank showed strong other income growth, improved asset quality, and continued investment in its digital and Islamic banking transformation.
Habib Metropolitan Bank Records Rs17.76 Billion Profit in 9MFY25 Despite Cost Pressures and Tax Hike
Habib Metropolitan Bank Limited (PSX: HMB) posted a consolidated profit after tax of Rs17.76 billion for 9MFY25, marking a 9.7% decline year-on-year. Despite rising operating expenses and higher taxation, the bank sustained growth in non-mark-up income, driven by strong gains on securities and higher foreign exchange earnings.
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.
SECP Certifies Walee Financial Services as Pakistan’s First Fully Shariah-Compliant Digital NBFC
The Securities and Exchange Commission of Pakistan (SECP) has certified Walee Financial Services as a fully Shariah-compliant Non-Banking Financial Company (NBFC), marking a milestone in Pakistan’s Islamic fintech landscape and strengthening faith-aligned digital innovation in financial services.
Meezan Bank Posts 11% Decline in Q3CY25 Profit Amid Rising Costs and Lower Income
Meezan Bank Limited, Pakistan’s largest Islamic bank, reported an 11% year-on-year decline in profit after tax for the third quarter of CY25, citing higher operating expenses and lower net returns.
Sarmed Ijaz appointed as Head of Distribution at DIB Pakistan to drive growth and network expansion
Mr. Sarmed Ijaz, a seasoned banking leader with over two decades of experience, has joined Dubai Islamic Bank Pakistan Limited as Head of Distribution to strengthen its branch network and drive strategic growth across Pakistan.
SBP and Industry Leaders Unite to Drive Islamic and Digital Banking Evolution in Pakistan
Senior officials from the State Bank of Pakistan and leading bankers have called for stronger collaboration to accelerate the digital and Islamic banking transformation in Pakistan. Speaking at the “NextGen Islamic Banking in Pakistan – 2025” forum, they emphasized innovation, regulatory alignment, and partnership-driven growth to shape a Shariah-compliant digital financial ecosystem.
Meezan Bank and VizPro Collaborate to Launch Digital Supply Chain Financing in Pakistan
Meezan Bank and VizPro sign an MoU to launch Digital Supply Chain Financing in Pakistan. The initiative will offer retailers Shariah-compliant financing through a fully digital process, strengthening the SME and retail ecosystem with technology-driven solutions.