Raqami Islamic Digital Bank Appoints Umair Bilal as EVP Head of PMO and Partnerships
Umair Bilal joins Raqami Islamic Digital Bank as EVP to lead the Project Management Office and strategic partnerships, driving the bank’s digital transformation.
CDNS Mobilizes Rs1 Trillion Inflows as National Savings Near Annual Target
Central Directorate of National Savings records Rs1 trillion in savings inflows for FY2025-26, achieving over 76 percent of its annual target amid institutional reforms.
Raqami Islamic Digital Bank Secures AA Credit Rating as Commercial Operations Expand
Raqami Islamic Digital Bank Secures AA Credit Rating as Commercial Operations Expand
NIBAF Pakistan Hosts Five-Day Islamic Banking Professional Development Program to Enhance Shariah Expertise
NIBAF Pakistan conducted a comprehensive five-day Islamic Banking Professional Development Program at Lahore campus, strengthening Shariah-compliant banking knowledge and practical competencies for banking professionals.
Stock Ifyy Granted SFA License to Offer Shariah-Compliant Investment Advisory in Pakistan
Stock Ifyy Pvt. Ltd. has received its Securities and Futures Advisor (SFA) License, enabling the firm to expand Shariah-compliant advisory services and investor education initiatives across Pakistan’s capital markets.
Zarea Limited Issues Rs1 Billion Short-Term Sukuk, Fully Subscribed by Institutional Investors
Zarea Limited successfully issues and disburses a Rs1 billion short-term Sukuk with A-1 rating, strengthening liquidity and supporting profitability through Shariah-compliant financing.
Raqami Islamic Digital Bank to Invest $100M for SME-Focused Digital Banking in Pakistan
Raqami Islamic Digital Bank, backed by Kuwait Investment Authority, plans to invest $100 million over five years as it prepares to launch SME- and freelancer-focused digital banking services in February.
SBP Governor Urges Human Judgment in AI-Driven Banking Decisions
SBP Governor Jameel Ahmad stresses the importance of human oversight in AI-driven banking decisions, highlighting digital payments growth and Shariah-aligned innovation at AlBaraka Forum Pakistan 2026.
Islamic Banking Certificate Course (IBCC-77) Module 1 Conducted at NIBAF Islamabad
NIBAF Pakistan successfully conducted Module 1 of the Islamic Banking Certificate Course (IBCC-77), providing participants with foundational knowledge of Shariah-compliant banking principles, governance, and operational frameworks.
ESG Sukuk Market Growth to Exceed $70 Billion by 2026 Amid Strong EM Demand
The global ESG sukuk market is projected to surpass $70 billion in 2026, led by Saudi Arabia, Malaysia, UAE, and Indonesia, with sustainable finance adoption accelerating across emerging markets.