State Bank of Pakistan Grants Five New Approvals for Islamic Banking Operations
The SBP issues in-principle approvals to Samba Bank and four others to launch Shariah-compliant operations as demand for Islamic finance surges in Pakistan.
State Bank of Pakistan Injects 4.62 Trillion Rupees into Banking System via Open Market Operations
The SBP conducts massive liquidity injections totaling 4.62 trillion rupees through conventional reverse repo and Shariah-compliant OMOs to stabilize the market.
Government of Pakistan Raises Rs114 Billion Through Third Hybrid Sukuk Auction
The Ministry of Finance successfully raised Rs114.347 billion via a Hybrid Sukuk auction at PSX, reflecting strong demand for Shariah-compliant instruments.
BankIslami Pakistan Approves 5 Billion Sukuk Issuance to Bolster Capital Adequacy
BankIslami board approves the issuance of a Shariah-compliant Sukuk worth 5 billion to strengthen Tier 2 capital and support Islamic banking growth.
SECP Issues New Framework to Accelerate Shariah Compliant Digital Financing in Pakistan
The Securities and Exchange Commission of Pakistan has launched new guidelines and a guidebook to expand interest free digital lending and ethical financial services.
Government of Pakistan Raises Rs116 Billion Through Hybrid Sukuk Auction on Pakistan Stock Exchange
The latest GoP Hybrid Sukuk auction via the PSX system saw the government raise Rs116.4 billion with strong demand noted for the 10 year variable rental rate instrument.
SBP Injects Rs14.26 Trillion into Market via Massive OMO Operations
The State Bank of Pakistan injects a cumulative Rs14.26 trillion through conventional and Shariah-compliant Open Market Operations to manage liquidity.
Raqami Islamic Digital Bank Secures AA Credit Rating as Commercial Operations Expand
Raqami Islamic Digital Bank Secures AA Credit Rating as Commercial Operations Expand
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.