Fitch Reports Record Global Sukuk Issuance in 2025, Positive Outlook for 2026
Global sukuk issuance exceeded $300 billion in 2025, with Fitch Ratings forecasting continued growth in emerging markets including GCC countries, Malaysia, Indonesia, Türkiye, and Pakistan.
VEON Invests $20 Million in Mobilink Bank to Expand Digital Islamic Banking in Pakistan
VEON Group has announced a fresh $20 million investment in Mobilink Bank to scale digital Islamic banking, MSME financing, and financial inclusion across Pakistan, reinforcing its long-term commitment to the country’s fintech ecosystem.
Sadaf Zikaria Joins National Bank of Pakistan as Wing Head for Retail Sales in Aitemaad Islamic Banking
Sadaf Zikaria has been appointed Wing Head – Retail Sales at NBP’s Aitemaad Islamic Banking Group, bringing extensive retail banking and Islamic finance experience to drive growth and customer-centric solutions.
Meezan Bank, Haball and Dawlance Collaborate on Shariah-Compliant Digital Supply Chain Finance
Meezan Bank has joined hands with Haball and Dawlance to advance Shariah-compliant digital supply chain financing across Pakistan, strengthening technology-enabled business solutions.
Pakistan’s Roshan Digital Accounts Reach $11.49B; November Inflows at $181 Million
Roshan Digital Accounts cumulative inflows hit $11.49 billion with $181 million added in November 2025. SBP reports net repatriable liability of $2.188 billion and 9,572 new accounts opened.
NIBAF Pakistan and Maldives Islamic Bank Form Strategic Training Partnership Through MoU
NIBAF Pakistan and Maldives Islamic Bank have signed a strategic MoU to enhance professional development across multiple banking disciplines including credit risk, Islamic finance, cybersecurity, fintech, and sustainable finance.
SBP Infuses Rs11.6 Trillion into Market through Reverse Repo and Shariah-Compliant OMO
The State Bank of Pakistan (SBP) has injected a total of Rs11.6 trillion into the banking system through a combination of reverse repo and Shariah-compliant Open Market Operations (OMO). This significant liquidity infusion is aimed at addressing market liquidity requirements.
NIBAF Pakistan Hosts Islamic Banking Professional Development Program (IBPD-33) in Faisalabad
NIBAF Pakistan successfully hosted the Islamic Banking Professional Development Program (IBPD-33) in Faisalabad, focusing on enhancing participants’ understanding of Islamic finance principles, Shariah-compliant products, and regulatory frameworks.
Meezan Bank Wins ‘Best Bank of the Year’ Award for Sixth Consecutive Year at CFA Society Pakistan’s Annual Excellence Awards
Meezan Bank was named ‘Best Bank of the Year – Large Size Banks’ by CFA Society Pakistan for the sixth consecutive year, recognizing its exceptional leadership and innovation in the Islamic banking sector. The prestigious award highlights Meezan Bank’s commitment to excellence in Islamic finance and its contributions to Pakistan’s banking industry.
Meezan Bank and TCS Join Hands to Facilitate Bike Ijarah Financing for Couriers
Meezan Bank has signed an MoU with TCS Private Limited to introduce Bike Ijarah financing for TCS couriers. The partnership aims to enhance operational efficiency, promote financial inclusion, and empower employees through Shariah-compliant financial solutions.