Pakistan Cables Raises 4 Billion Rupees via Short Term Sukuk for Working Capital Needs
Pakistan Cables Limited secures 4 billion PKR through a privately placed short-term Sukuk to bolster its working capital and operational liquidity.
Islamic Banking Assets Hit Historic 23 Percent Market Share in Pakistan
SBP Financial Stability Review 2025 highlights 30.7 percent growth in Islamic banking assets and a record-breaking expansion of Shariah-compliant branch networks.
Dubai Islamic Bank Pakistan Finances FCCL and KAPCO Acquisition of Attock Cement
DIBPL arranges $76 million in Shariah-compliant financing for the FCCL and KAPCO consortium to acquire a majority stake in Attock Cement Pakistan Limited.
State Bank of Pakistan Injects 1.5 Trillion Rupees Into Banking System Through Open Market Operations
The State Bank of Pakistan conducted massive liquidity injections totaling 1.5 trillion rupees via conventional reverse repo and Shariah compliant OMOs.
SBP Data Reveals Conventional Banking Credit Retreat as Islamic Finance Surges
State Bank of Pakistan reports a net retirement of Rs32.8 billion in private sector credit by conventional banks, while Shariah-compliant lending sees a massive spike.
State Bank of Pakistan Injects 15 Trillion Rupees into Banking System via Open Market Operations
The State Bank of Pakistan conducted massive liquidity injections totaling 15.01 trillion rupees through conventional reverse repo and Shariah-compliant operations to stabilize the market.
State Bank of Pakistan Injects 13.39 Trillion Rupees into Banking System via Open Market Operations
The State Bank of Pakistan conducts massive liquidity injections totaling 13.39 trillion rupees through conventional reverse repo and Shariah-compliant OMOs to stabilize the market.
Pakistan Islamic Banking Sector Hits Record 14 Trillion Milestone as Financing Demand Surges
The State Bank of Pakistan reports a massive expansion in the Islamic banking sector with assets reaching 14.467 trillion and a 38 percent share in total financing.
Al Baraka Bank Pakistan Launches Digital Hub and Digital Auto Finance to Drive Islamic Banking Innovation
Al Baraka Bank Pakistan has inaugurated its Digital Hub and introduced Digital Auto Finance, strengthening its digital transformation strategy and expanding Shariah-compliant financial solutions for customers across Pakistan.
UBL Appoints Muhammad Usman Siddiqui VP Unit Head Asset Products Islamic Banking
United Bank Limited announces the appointment of Muhammad Usman Siddiqui, CFA, CICC as Vice President and Unit Head Asset Products for Islamic Banking, strengthening leadership and product innovation in Shariah-compliant finance.