NIBAF Pakistan Completes Training on Islamic Finance Principles for Microfinance Banks
NIBAF Pakistan successfully conducted a two-day training program on Islamic finance principles and their application in microfinance, equipping participants from Microfinance Banks with knowledge to design sustainable Shariah-compliant financial products.
SBP Updates IFRS 9 Classification and Provisioning Rules for Microfinance Banks
The State Bank of Pakistan has updated IFRS 9 rules for microfinance banks by revising the Days Past Due (DPD) mapping, enhancing classification and provisioning requirements while keeping earlier instructions intact.