Meezan Bank shares Pakistan’s risk-sharing finance expertise with Bank Negara Malaysia
Meezan Bank engages with Bank Negara Malaysia under a specialised knowledge-sharing programme on risk-sharing finance, reinforcing Pakistan’s growing influence in global Islamic banking.
Pak-Qatar Takaful IPO Sees Unprecedented Retail Demand, Public Portion Increased
Pak-Qatar General Takaful Limited’s IPO attracts historic retail investor interest, prompting an increase in the public portion from 25% to 30%, making it the first non-life Takaful operator to list on the PSX.
Zarea Limited Issues Rs1 Billion Short-Term Sukuk, Fully Subscribed by Institutional Investors
Zarea Limited successfully issues and disburses a Rs1 billion short-term Sukuk with A-1 rating, strengthening liquidity and supporting profitability through Shariah-compliant financing.
Islamic Banking Professional Development Program (IBPD – 36) Completed at NIBAF Karachi
NIBAF Pakistan successfully conducted IBPD – 36, equipping commercial bank and SBP officers with expertise in Islamic banking principles, Shariah-compliant products, and regulatory practices.
State Bank of Pakistan Injects Rs358.5 Billion via Reverse Repo and Modarabah-Based OMO
The State Bank of Pakistan conducted conventional reverse repo and Shariah-compliant Modarabah-based Open Market Operations, injecting a total of Rs358.5 billion into the banking system to address liquidity needs.
Askari Bank Names Shazia Mohsin as Head – Islamic Corporate Product & Strategy
Shazia Mohsin has been appointed as Head of Islamic Corporate Product & Strategy at Askari Bank, tasked with driving innovation and strengthening Shariah-compliant corporate banking solutions.
NIBAF Pakistan Conducts IBCC-76 Module-2 to Strengthen Islamic Banking Expertise
NIBAF Pakistan successfully held Module-2 of Islamic Banking Certificate Course IBCC-76 in Karachi, focusing on Islamic banking operations, regulatory frameworks, and professional capacity building.
Islamic Finance Industry to Exceed $6 Trillion in 2026 with Growth in Banking, Sukuk, and Fintech
Global Islamic finance is projected to surpass $6 trillion in 2026, led by strong growth in banking, sukuk issuance, and fintech, with Africa emerging as the fastest-growing frontier.
BankIslami aik Promotes Shariah-Compliant Digital Banking for Financial Inclusion in Pakistan
BankIslami’s digital banking platform ‘aik’ meets Khyber Pakhtunkhwa Governor to discuss Shariah-compliant, technology-driven solutions supporting financial inclusion and Pakistan’s transition to a cashless economy.
Mashreq Pakistan Introduces Digital Islamic Banking to Transform Pakistan’s Financial Landscape
With Pakistan’s financial inclusion reaching 67%, Mashreq Pakistan leverages digital innovation and Shariah-compliant finance to offer transparent, accessible, and tech-enabled banking solutions for all segments of society.