NIBAF Pakistan Holds Shariah Governance Training Workshop for UBL Staff in Karachi
NIBAF Pakistan organized a one-day Shariah governance workshop for UBL Shariah Secretariat staff in Karachi, focusing on compliance, governance, and Islamic banking practices.
Pakistan’s Cashless Transition Gains Momentum with Growing RAAST Digital Payments
Pakistan’s journey toward a cashless economy gains pace as RAAST continues to deliver fast, safe and reliable digital payments, with the banking industry working together to expand a secure and inclusive digital ecosystem.
Over 20,000 Women Entrepreneurs Secure Rs24 Billion in Financing as SBP Expands Inclusion Initiatives
The State Bank of Pakistan reports that more than 20,000 women-led businesses received over Rs24 billion in financing during the past year, reflecting strengthened national efforts to expand financial inclusion and support women’s economic participation.
NIBAF Equips Bankers with Shariah-Aligned Expertise through Islamic Trade Professionals Certification
NIBAF Pakistan conducted a three-day certification program on Islamic Trade Professionals at its Lahore Campus, training 15 bankers in Shariah-compliant trade operations, compliance, and global best practices to strengthen Islamic finance expertise in Pakistan’s banking sector.
Pakistan Railways Partners with 1LINK and Finnect to Enable Nationwide Digital Payments
Pakistan Railways has signed a strategic agreement with 1LINK and Finnect, with support from State Bank of Pakistan, to digitize its collection system across multiple banking channels. The move aligns with the government’s vision of creating a cashless economy.
NIBAF Concludes Islamic Finance Professional Program (IFPP–5) to Strengthen Expertise in Islamic Financial System
The National Institute of Banking and Finance (NIBAF) successfully conducted the fifth edition of the Islamic Finance Professional Program (IFPP–5) at its Islamabad campus, enhancing participants’ understanding of Islamic financial systems and equipping officers from the State Bank of Pakistan Banking Services Corporation (SBP-BSC) with advanced professional skills in Shariah-compliant banking and finance.
SBP Plans Easier Digital Payment Options for Traders to Expand Cashless Transactions
The State Bank of Pakistan is working on easing digital payment systems for traders to drive cashless transactions, aiming to increase mobile users, QR merchants, and total digital payments under its broader digital economy strategy.
Pakistan’s Banking Sector Backs Federal Budget 2025–26 with Transformative Support for Inclusive Growth
The banking industry, led by the Pakistan Banks Association, has endorsed the Federal Budget 2025–26, playing a pivotal role in supporting initiatives aimed at circular debt resolution, rural financing, SME growth, affordable housing, green mobility, and skills development.