Yango Pakistan Introduces Sharia-Compliant Pay Later Fintech Service for Online Shopping
Yango Pakistan launches its first fintech service, Pay Later, allowing customers to split eligible purchases into equal payments while helping merchants increase sales.
Pakistan Raises Rs108.3 Billion Through Hybrid Sukuk Auction Against Rs175 Billion Target
Government of Pakistan raises Rs108.3 billion through Hybrid Sukuk auctions, including Rs60.435 billion from fixed rate Sukuk and Rs47.873 billion from a 10 year variable rental rate Sukuk.
Pakistan Can Become Major Player In Global Halal Economy Through Islamic Finance And Fintech
ICCD Secretary General Yousef Hassan Khalawi says Pakistan can expand its role in the global Islamic economy through Shariah compliant finance, fintech, agriculture and stronger regulations.
Bank Alfalah Launches Pakistan’s First Digital Islamic Consumer Finance Centre
Bank Alfalah has inaugurated Pakistan’s first Digital Islamic Consumer Finance Centre in Naya Nazimabad, combining Islamic banking, digital financing and product discovery.
Government Raises Rs170.98 Billion Through Hybrid Sukuk Auction Against Rs125 Billion Target
The Government of Pakistan raised Rs170.976 billion through its latest Hybrid Sukuk auction conducted via the Pakistan Stock Exchange, exceeding the combined pre-auction target of Rs125 billion amid strong demand for both fixed-rate and variable rental rate instruments.
State Bank of Pakistan Injects 2.77 Trillion Rupees via Open Market Operations to Balance System Liquidity
The State Bank of Pakistan executed conventional reverse repos and Shariah-compliant Modarabah operations to address short-term liquidity deficits in the commercial banking network.
Federal Government Plan Outlines Continued Interest Payments on Legacy Debt Beyond Constitutional Deadline
Pakistan will maintain trillions of rupees in conventional interest payments on existing public debt after the January 2028 deadline while transitioning new borrowing to Shariah compliant models.
Euromoney Confirms BankIslami as Pakistans Best Islamic Digital Bank Following Technical Modernization Drive
Euromoney honors BankIslami with the prestigious title of Pakistans Best Islamic Digital Bank following the successful deployment of its automated core infrastructure.
Meezan Bank Market Capitalization Surpasses One Trillion Rupees in Historic Islamic Banking Milestone
Meezan Bank reaches a massive valuation threshold of one trillion rupees in market capitalization, cementing its status as a premier Shariah compliant financial force.
Meezan Bank Crosses One Trillion Rupees Market Capitalization to Set Islamic Banking Benchmark
Meezan Bank Limited secures its place as Pakistan third largest listed entity by surpassing the historic one trillion rupees market value milestone.