Pakistan Stock Market Ends Week Lower Amid Profit-Taking, Tariff Uncertainty, and Weak Earnings
The Pakistan Stock Exchange (PSX) ended the week on a cautious note as the KSE-100 Index slipped 502 points or 0.31% week-on-week, weighed down by profit-taking, regulatory uncertainty following NEPRA’s tariff revisions, and weak corporate earnings. Despite the decline, strong treasury performance and a current account surplus provided some macroeconomic stability.
Book Chronicling Meezan Bank’s Remarkable Journey Launched in Lahore
A new book, “Unconventional – The Bank No One Saw Coming,” authored by Sibtain Naqvi, chronicles Meezan Bank’s journey under the visionary leadership of Irfan Siddiqui. The launch in Lahore highlighted the bank’s transformation into Pakistan’s largest Islamic bank and its enduring legacy of ethics and excellence.
Meezan Bank Posts 11% Decline in Q3CY25 Profit Amid Rising Costs and Lower Income
Meezan Bank Limited, Pakistan’s largest Islamic bank, reported an 11% year-on-year decline in profit after tax for the third quarter of CY25, citing higher operating expenses and lower net returns.
SBP and Industry Leaders Unite to Drive Islamic and Digital Banking Evolution in Pakistan
Senior officials from the State Bank of Pakistan and leading bankers have called for stronger collaboration to accelerate the digital and Islamic banking transformation in Pakistan. Speaking at the “NextGen Islamic Banking in Pakistan – 2025” forum, they emphasized innovation, regulatory alignment, and partnership-driven growth to shape a Shariah-compliant digital financial ecosystem.
Meezan Bank and VizPro Collaborate to Launch Digital Supply Chain Financing in Pakistan
Meezan Bank and VizPro sign an MoU to launch Digital Supply Chain Financing in Pakistan. The initiative will offer retailers Shariah-compliant financing through a fully digital process, strengthening the SME and retail ecosystem with technology-driven solutions.
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.
Eocean and Meezan Bank launch innovative WhatsApp Banking partnership at Tech Carnival 2025
Eocean and Meezan Bank have announced a strategic WhatsApp Banking partnership at Tech Carnival 2025, powered by Eocean’s CPaaS platform. This collaboration marks a new era of digital transformation, making banking more secure, accessible, and personalized for millions of customers in Pakistan.
KTrade Upgrades Banking Sector Outlook as Habib Bank Limited Tops Investment Picks
KTrade has raised its outlook for Pakistan’s banking sector, forecasting 20% earnings growth by end-CY25. The brokerage highlighted robust deposit mobilization, strong capital gains, and improved sector valuations, naming Habib Bank Limited as its top pick.
Unconventional – The Bank No One Saw Coming: Book on Meezan Bank’s Transformative Journey Launched in Karachi
A new book titled “Unconventional – The Bank No One Saw Coming,” authored by Sibtain Naqvi, was launched in Karachi, chronicling the rise of Meezan Bank and its impact on Pakistan’s financial industry. The event, attended by notable figures including former SBP Governor Dr Ishrat Husain, highlighted the bank’s evolution, leadership, and pioneering role in Islamic finance.
Islamic Banking Captures 25% Industry Share in Pakistan, Says Former SBP Governor
Former SBP Governor Ishrat Husain highlighted the impressive growth of Islamic banking in Pakistan, which now holds 25% of the country’s total banking industry. Speaking at the launch of a book on Meezan Bank, he emphasized the sector’s role in fostering inclusive growth, poverty alleviation, and financial stability.