SBP Injects Rs12.24 Trillion Into Financial System Through Open Market Operations
The State Bank of Pakistan injected Rs12.2408 trillion into the financial system through conventional and Shariah compliant open market operations to manage market liquidity.
aik By BankIslami Launches Shariah Compliant Open Banking Platform
aik by BankIslami launches aik Connect, a Shariah compliant open banking platform offering secure APIs, digital onboarding and round the clock self service access.
NIBAF Pakistan Conducts Islamic Banking Certificate Course Module 2
NIBAF Pakistan completes Module 2 of IBCC-79 in Karachi, training commercial bank and SBP officers through a six-day Islamic banking programme.
Meezan Bank Wins Best Bank Of Pakistan Award For Sixth Time
Meezan Bank has won the Best Bank of Pakistan title for the sixth time and fourth consecutive year at the Pakistan Banking Awards, reinforcing its position in the country’s banking sector.
HBL Appointed Exclusive Banking Partner for Hajj 2027
HBL Islamic has been appointed the exclusive banking partner for Hajj 2027 by Pakistan’s Ministry of Religious Affairs, supporting Shariah-compliant payments and digital Hajj applications.
Meezan Bank Targets Shariah-Compliant Card Launch in 2027, Plans 1,250 Branches
Meezan Bank plans to launch two Shariah-compliant card products in 2027 and expand its branch network to 1,250 locations by year-end while increasing its focus on SME financing.
HBL Islamic Appointed Exclusive Banking Partner For Hajj 2027
HBL Islamic has been appointed exclusive banking partner for Hajj 2027 by the Ministry of Religious Affairs, supporting Shariah compliant payments and digital Hajj applications.
MCB Islamic Bank Secures Advanced PCI DSS v4.0.1 Certification for Payment Data Security
MCB Islamic Bank Limited reaches a major digital milestone by achieving the globally recognized PCI DSS v4.0.1 compliance standard to safeguard consumer transaction environments.
NIBAF Launches Islamic Financing Solutions Program for Corporate Sector
The National Institute of Banking and Finance Pakistan announced a specialized face to face training workshop in Karachi covering Shariah compliant corporate solutions.
BankIslami Q1 2026 Profit Plummets 65% as Securities Gains Collapse
BankIslami Pakistan reports a sharp decline in consolidated profit for Q1 2026, falling to Rs 903.88 million amid shrinking core margins and a 97% drop in securities gains.