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.
Sindh Bank to Convert All Branches to Islamic Banking by 2027
Sindh Bank announces plans to convert 60 branches to Islamic banking in 2025, with full transition of all 330 branches by 2027, emphasizing ethical, transparent, and customer-centric financial practices.
NIBAF Pakistan Hosts Islamic Microfinance Training for MFBs, MFIs, and DFIs
NIBAF Pakistan successfully organized a 2-day training on Islamic microfinance, providing 41 banking professionals with practical insights into Shariah-compliant financial products and operations.
Islamic Agri Finance Training at NIBAF Equips Bankers with Shariah-Compliant Solutions
NIBAF Pakistan held a two-day training on Islamic Agri Finance for commercial bank professionals, providing practical insights into Shariah-compliant agricultural financing products, processes, and risk management.
Meezan Bank and Hawk International Pakistan Introduce Shariah-Compliant Financing for Fire and Life Safety Systems
Meezan Bank signs MoU with Hawk International Pakistan to provide Shariah-compliant financing for SMEs, supporting workplace safety, ESG objectives, and sustainable business practices.
Dubai Islamic Bank Pakistan Partners with Fauree to Expand Shariah-Compliant Financing Solutions
Dubai Islamic Bank Pakistan signs a multi-product agreement with Fauree to enhance its Shariah-compliant offerings, targeting corporate, SME, and consumer sectors with innovative and sustainable finance solutions.
Karandaaz Pakistan and Walee Launch Khudmukhtar Khatoon: A Shariah-Compliant Digital Finance Solution for Women Entrepreneurs
Karandaaz Pakistan and Walee Financial Services have launched Khudmukhtar Khatoon, Pakistan’s first Shariah-compliant digital asset financing program for women entrepreneurs, aiming to drive inclusion, empowerment, and sustainable growth.
NIBAF Pakistan Strengthens Islamic Finance Expertise with Islamic Banking Professional Development Program (IBPD–29)
NIBAF Pakistan organized the Islamic Banking Professional Development Program (IBPD–29) at its Lahore Campus, offering a five-day intensive training designed to enhance professional capabilities in Shariah-compliant banking and deepen understanding of Islamic financial systems.