Meezan Bank Partners with Naya Nazimabad to Launch Pakistan’s First Islamic Housing Finance for Under-Construction Projects
Meezan Bank partners with Naya Nazimabad to launch Pakistan’s first Islamic housing finance solution for under-construction projects, offering Shariah-compliant, affordable financing options aligned with SBP guidelines.
Pak-Qatar Family Takaful Plans $3.9 Million IPO to Boost Islamic Insurance Growth in Pakistan
Pak-Qatar Family Takaful plans to raise $3.9 million through an IPO in Pakistan, supported by leading Qatari investors. The offering aims to strengthen capital, expand digital channels, and boost Islamic insurance growth in a rapidly evolving financial landscape.
BankIslami Wins Best Islamic Banking Brand at GIFA Awards 2025
BankIslami has been honored with the title of Best Islamic Banking Brand at the Global Islamic Finance Awards 2025, reflecting its mission of promoting Shariah-compliant finance and the efforts of its leadership and workforce.
BankIslami and NCCPL Partner to Strengthen Islamic Finance in Pakistan’s Capital Market
BankIslami and the National Clearing Company of Pakistan Limited have signed an MoU to enhance the role of Shariah-compliant finance in the country’s capital market, paving the way for wider accessibility and investor trust.
NIBAF Conducts Islamic Banking Certification Program for Bank Alfalah Officers in Karachi
The National Institute of Banking and Finance (NIBAF) has successfully conducted the Islamic Banking Certification Program (IBCC–74) for Bank Alfalah officers in Karachi, aimed at enhancing their understanding of Islamic finance principles and strengthening professional capabilities in the fast-evolving Islamic banking sector.
NIBAF Pakistan Conducts Capacity Building Program for Shariah Scholars to Support Evolving Financial Sector
NIBAF Pakistan conducts a two-day capacity-building program for Shariah scholars, enhancing their expertise in Islamic finance, fintech integration, and Shariah-compliant product oversight to support Pakistan’s evolving financial sector.
Pakistan raises Rs209bn through Ijarah Sukuk auction amid strong investor demand
The Government of Pakistan has successfully raised nearly Rs209 billion through its latest Ijarah Sukuk auction, exceeding its target amid robust investor appetite, highlighting confidence in the country’s Islamic finance market.
SECP Proposes Legal Framework for Licensing and Regulation of Waqf Management Companies
The Securities and Exchange Commission of Pakistan has proposed a new amendment to the Companies Act, 2017 to regulate Waqf management companies. The framework introduces modern Waqf structures, safeguards Shariah compliance, and opens pathways for Islamic social finance growth.
NIBAF Concludes Advanced Islamic Banking Certificate Course in Islamabad
NIBAF Pakistan has completed its six-day Islamic Banking Certificate Course (IBCC-72 – Module 3) in Islamabad, training commercial bank officers in advanced Shariah-compliant banking under the guidance of Mufti Najeeb Khan.
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.