BankIslami Reports Rs4.31 Billion Profit Before Tax in First Half of 2026
BankIslami reports Rs4.31 billion profit before tax for the first half of 2026 as deposits cross Rs700 billion, CASA ratio exceeds 77% and financing reaches Rs338.6 billion.
SBP Aligns Banking Regulations With Shariah Principles Under Vision 2028
State Bank of Pakistan introduces Shariah-compliant terminology across banking regulations and the Foreign Exchange Manual under SBP Vision 2028.
Shariah-Compliant Equities Reach 65% of PSX Market Capitalization
Shariah-compliant equities represent 65% of PSX market capitalization at Rs13.2 trillion, while Islamic mutual fund assets reach Rs2.2 trillion, SECP says.
NIBAF Pakistan Releases Training Calendar For September To November 2026
NIBAF Pakistan has released its September-November 2026 training calendar, offering face-to-face and online programmes covering AI, Islamic finance, risk management and more.
Bank Alfalah Launches Pakistan’s First Digital Islamic Consumer Finance Centre
Bank Alfalah has inaugurated Pakistan’s first Digital Islamic Consumer Finance Centre in Naya Nazimabad, combining Islamic banking, digital financing and product discovery.
Sukuk Liquidity Nears Pre War Levels Despite Ongoing Geopolitical Tensions
Fitch Ratings says liquidity across most rated sukuk has improved significantly, with more than 75% scoring above 50 as of August 4, although levels remain below January readings.
Meezan Bank Targets Shariah-Compliant Card Launch in 2027, Plans 1,250 Branches
Meezan Bank plans to launch two Shariah-compliant card products in 2027 and expand its branch network to 1,250 locations by year-end while increasing its focus on SME financing.
HBL Islamic Appointed Exclusive Banking Partner For Hajj 2027
HBL Islamic has been appointed exclusive banking partner for Hajj 2027 by the Ministry of Religious Affairs, supporting Shariah compliant payments and digital Hajj applications.
NIBAF Pakistan Conducts Islamic Banking and Financial Literacy Session for Civil Services Academy
NIBAF Pakistan conducted a one day training session on Islamic banking and financial literacy for Civil Services Academy in Lahore, led by Mufti Irshad Ahmad Ejaz and Salman Shehzad.
SECP Launches Practical Guide To Simplify Corporate Sukuk Issuance In Pakistan
The Securities and Exchange Commission of Pakistan has introduced a practical guide and toolkit to standardize corporate Sukuk structures and documentation, aiming to reduce costs, legal complexities and issuance timelines.