

SECP Mandates Phased Adoption of Shariah-Compliant Trading for Licensed Entities
The Securities and Exchange Commission of Pakistan has directed institutional investors and licensed entities to gradually adopt Shariah-compliant brokerage services, with a phased plan beginning in 2025 to align financial markets with Islamic principles.

NIBAF Strengthens Shariah Banking Expertise with Islamic Banking Certification Program for Bank Alfalah Officers
NIBAF Pakistan conducted the Islamic Banking Certification Program (IBCC–74) for Bank Alfalah officers in Karachi, equipping participants with advanced knowledge of Shariah-compliant banking practices under the guidance of Mufti Dr. Awais Naeem.

Pakistan Gears Up for Full Islamic Finance Transformation at IFN Pakistan Forum 2025
The 10th IFN Pakistan Forum, held on October 30, 2025 at IBA Karachi and hosted in partnership with the State Bank of Pakistan and supportive regulators, will spotlight Pakistan’s roadmap toward a fully Islamic, interest-free financial system by 2028—and the tech-driven innovations that can fuel the shift.

Government Secures Rs229 Billion Through Sukuk Auction at PSX, Surpassing Target
The Government of Pakistan raised Rs229 billion through Sukuk bonds auctioned at PSX, surpassing the Rs200 billion target. Strong investor demand across multiple tenors reflects the growing role of Islamic finance in Pakistan’s debt market.

NIBAF Conducts Six-Day Islamic Banking Certificate Course to Strengthen Shariah-Compliant Practices
NIBAF Pakistan organized a six-day Islamic Banking Certificate Course (IBCC-71 – Module 3) at its Lahore Campus from August 18–23, 2025. The training enhanced commercial bank officers’ expertise in Shariah-compliant practices, led by experts including Mr. Farhan Ul Haq Usmani and Mufti Syed Sabir Hussain.

NIBAF Concludes Islamic Banking Certificate Course to Strengthen Shariah-Compliant Finance
NIBAF Pakistan concluded the six-day Islamic Banking Certificate Course – IBCC-73 in Karachi, training SBP and commercial bank officers in Shariah-compliant financial practices to strengthen skills and support the growth of Islamic banking.

Roshan Digital Accounts Record USD 185 Million Inflows in July, Total Crosses USD 10.7 Billion
Roshan Digital Accounts (RDA) attracted USD 185 million inflows in July 2025, raising cumulative inflows to USD 10.748 billion. The scheme continues to provide overseas Pakistanis with secure investment options while supporting Pakistan’s financial stability.

NIBAF Concludes 21st Islamic Banking Development Program, Strengthening Shariah-Compliant Finance Skills
NIBAF successfully hosted the 21st Islamic Banking Professional Development Program, enhancing skills in Shariah-compliant banking for officers from commercial banks and the State Bank of Pakistan.

NIBAF Advances Islamic Finance Education with Successful Launch of IBCC-73 Module 1 in Karachi
NIBAF Pakistan conducted Module 1 of the Islamic Banking Certificate Course (IBCC-73) from July 21–26, 2025, in Karachi. The program trained professionals from SBP and commercial banks in Shariah-compliant finance, Islamic products, and regulatory frameworks, strengthening Islamic banking in Pakistan.

NIBAF Conducts Key Sessions of Islamic Banking Certificate Course in Lahore Under IBCC-71
NIBAF held Day 3 and Day 4 of its Islamic Banking Certificate Course (IBCC-71 Module 2) in Lahore, led by Mr. Imran Yousaf, focusing on Shariah-compliant banking instruments and operational practices to enhance professional readiness in Islamic finance.