Sindh Modaraba Management to Inject Rs1 Billion Riba-Free Fund to Strengthen Capital Base
Sindh Modaraba Management Limited’s board approves the transfer of up to Rs1 billion in Shariah-compliant subordinated funding to Sindh Modaraba, reinforcing its capital structure.
NIBAF Conducts Islamic Banking Professional Development Program IBPD-36 in Karachi
NIBAF Pakistan held the Islamic Banking Professional Development Program IBPD-36 in Karachi, strengthening expertise in Shariah-compliant banking, operations, and regulatory frameworks for bank professionals.
Pak-Qatar General Takaful IPO Set for January as First Listed General Takaful Operator
Pak-Qatar General Takaful Limited is set to launch its IPO next week, targeting up to Rs420 million and becoming the first listed general takaful company on the Pakistan Stock Exchange.
AlBaraka Forum Pakistan 2026 to Focus on Islamic Economy and Digital Innovation
Pakistan will host the 6th AlBaraka Forum Regional Conference 2026 in Karachi, bringing global experts together to discuss innovation, compliance and sustainability in the Islamic economy during the digital age.
Al Meezan Surpasses Rs700 Billion AUM, Retains Position as Pakistan’s Largest AMC
Al Meezan Investment Management Limited has crossed Rs700 billion in assets under management, reinforcing its leadership in Pakistan’s Shariah-compliant investment industry.
Daewoo Pakistan Express Bus Service Launches First PKR 2 Billion Short-Term Sukuk with Successful Closure
Daewoo Pakistan Express Bus Service LTD closes its first PKR 2 billion short-term Sukuk, supported by Pak Oman Investment Company, PACRA, and Shariah advisors, marking a milestone in Pakistan’s capital markets.
Pakistan Hits Historic Milestone in Islamic Finance with Largest Annual Sukuk Issuance and Green Sukuk Launch
Pakistan’s Ministry of Finance records over Rs2 trillion in Sukuk issuance in 2025, including the country’s first Green Sukuk. Shariah-compliant instruments now account for 14.5% of government debt, reflecting strong market confidence.
Meezan Bank Supports Stylers International in Securing SECP Shariah Compliance Certificate
Meezan Bank has provided Shariah advisory and technical support to Stylers International Limited, enabling the PSX-listed company to secure SECP’s Shariah Compliance Certificate under the Shariah Governance Regulations, 2023.
NIBAF Pakistan Conducts IBPD–32 Program to Strengthen Islamic Banking and Shariah Compliance Skills
NIBAF Pakistan successfully held a five-day Islamic Banking Professional Development Program (IBPD–32) in Lahore to enhance Shariah compliance and operational expertise of bankers.
IBCC-76 Module 1 at NIBAF Enhances Expertise in Islamic Banking for Bankers
NIBAF Pakistan is conducting IBCC-76 Module 1, a comprehensive Islamic Banking Certificate Course for commercial bank and SBP officers, providing practical insights and interactive learning on Shariah-compliant banking operations.