Pakistan Plans to Raise Rs750 Billion Through Ijarah Sukuk Auctions from November 2025
The Government of Pakistan, in coordination with PSX and the Ministry of Finance’s Debt Management Office, has scheduled Ijarah Sukuk auctions totaling Rs750 billion between November 2025 and January 2026, featuring discounted, fixed, and variable rental rate instruments.
BankIslami and EFU Life Strengthen Partnership to Promote Shariah-Compliant Protection and Savings
BankIslami and EFU Life Assurance Ltd. have reinforced their partnership to offer Shariah-compliant protection and savings solutions, including EFU Takaful Spiritual Journey Plan and WIN Savings Plan, promoting financial inclusion in Pakistan.
NIBAF Equips Bankers with Shariah-Aligned Expertise through Islamic Trade Professionals Certification
NIBAF Pakistan conducted a three-day certification program on Islamic Trade Professionals at its Lahore Campus, training 15 bankers in Shariah-compliant trade operations, compliance, and global best practices to strengthen Islamic finance expertise in Pakistan’s banking sector.
Meezan Bank Reports Rs70.5 Billion Profit for Nine Months of FY25 Amid Market Challenges
Meezan Bank Limited reported a net profit of Rs70.5 billion for the first nine months of FY25, reflecting a 10% year-on-year decline due to lower yields and higher credit loss provisions. Despite the dip, the bank maintained strong resilience through robust treasury operations and foreign exchange gains.
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.