SBP Injects Over Rs4 Trillion into Money Market Through Reverse Repo and Modarabah-Based OMO
The State Bank of Pakistan (SBP) conducted a large-scale Open Market Operation (OMO) to inject over Rs4.24 trillion into the financial system, addressing short-term liquidity needs through both conventional reverse repo and Shariah-compliant Modarabah-based instruments.
BankIslami Appoints Saira Gabol as Head of Human Resources, Strengthening Leadership for Future Growth
BankIslami Pakistan appoints Saira Gabol as Head of Human Resources, leveraging her international HR expertise to strengthen leadership development, organizational culture, and people strategy within the bank.
Habib Metropolitan Bank Records Rs17.76 Billion Profit in 9MFY25 Despite Cost Pressures and Tax Hike
Habib Metropolitan Bank Limited (PSX: HMB) posted a consolidated profit after tax of Rs17.76 billion for 9MFY25, marking a 9.7% decline year-on-year. Despite rising operating expenses and higher taxation, the bank sustained growth in non-mark-up income, driven by strong gains on securities and higher foreign exchange earnings.
PSX to Host International Capital Market Conference & Expo 2025 in Karachi
The Pakistan Stock Exchange (PSX) is set to host the International Capital Market Conference & Expo 2025 in Karachi, bringing together financial regulators, investors, and fintech leaders to discuss market innovation, growth, and regional integration while showcasing the latest developments in Pakistan’s financial ecosystem.
Islamic Banking Professional Development Program Empowers Future of Financial Sector in Pakistan
NIBAF Pakistan launches the Islamic Banking Professional Development Program (IBPD – 28) to strengthen expertise in Islamic finance. The five-day program in Karachi brings together SBP and commercial bank officers for specialized training on Shariah-compliant banking principles and regulatory frameworks.
Usman Shahid Joins National Bank of Pakistan as Group Chief – Corporate and Investment Banking
National Bank of Pakistan appoints Usman Shahid as Group Chief – Corporate and Investment Banking, leveraging his 27 years of global experience to strengthen its corporate and investment banking portfolio.
Federal Board of Revenue Extends Income Tax Return Filing Deadline to October 31 Amid Industry Pressure
The Federal Board of Revenue has extended the income tax return filing deadline for tax year 2025 to October 31, responding to persistent requests from trade bodies and tax bar associations.
Pakistan’s Foreign Reserves Inch Up to $19.81 Billion Amid Optimism Over IMF Inflows
Pakistan’s foreign exchange reserves increased slightly to $19.81 billion by October 3, 2025, as SBP reserves rose by $20 million. The gain comes ahead of expected IMF inflows, signaling cautious optimism for external sector stability.
PM Shehbaz Welcomes Bloomberg Report Highlighting Sharp Decline in Pakistan’s Default Risk
Prime Minister Shehbaz Sharif lauds Bloomberg’s latest report recognizing Pakistan as the world’s second most improved economy in reducing default risk, attributing the progress to strong governance, fiscal reforms, and renewed investor confidence.
Islamic Finance Forward: NIBAF Concludes Pivotal Professional Development Program in Karachi
NIBAF Pakistan successfully concluded its highly anticipated Islamic Banking Professional Development Program (IBPD-18) in Karachi, empowering financial professionals with critical insights into the evolving landscape of Sharia-compliant banking. This intensive program underscores a significant stride in enhancing specialized expertise within Pakistan’s burgeoning Islamic finance sector.