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Jul 21, 2026 اردو

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Pakistan Print edition: 2024-10-07

FBL and Habib University to launch ‘Fintech Innovation Hackathon’

Published October 7, 2024 Updated October 7, 2024 06:48am

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KARACHI: Faysal Bank Limited (FBL), one of the leading Islamic banks in Pakistan, has joined forces with Habib University, to introduce an exciting ‘Fintech Innovation Hackathon”. This Hackathon is aimed at addressing the evolving challenges within the digital payments landscape. With this initiative, FBL aims to tap into the perspectives of the Gen-Z audience, encouraging young innovators to apply their creativity and critical thinking to develop tangible, real-world solutions.

This collaboration of FBL with Pakistan’s premier liberal arts and sciences institution; Habib University provides a platform for emerging thinkers to test their ideas in a practical environment whilst helping shape the future of digital payments in Pakistan.

Speaking at the MoU signing ceremony, Amin Ur Rahman, Chief Digital Officer at Faysal Bank, highlighted the bank’s commitment to forward-thinking Innovation. “At Faysal Bank, we are dedicated to fostering creativity and developing solutions that enhance user experiences,” Rahman stated.

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Currency	Rate
USD PKR Interbank Selling / Jul 20	278.15
USD PKR Interbank Buying / Jul 20	277.95
USD to Japanese Yen / Jul 21	162.52
USD to Swiss Franc / Jul 21	0.81
Pound Sterling to USD / Jul 21	1.34
Euro to USD / Jul 21	1.14
SOFR % / Jul 20	3.62

Stock	Volume
S&P 500 / Jul 20	7,443.28
Nasdaq / Jul 20	25,508.07
FTSE 100 / Jul 20	10,524.76
Dow Jones / Jul 20	51,839.26
Germany DAX 30 / Jul 20	24,846.69
France CAC40 / Jul 20	8,340.11
India Sensex / Jul 21	77,478.67
Tokyo Nikkei / Jul 21	65,077.32
Hang Seng / Jul 21	25,036.86

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 20	18,880
Gold 10 Grams PKR / Jul 20	363,971
Petrol/Litre / Jul 21	316.15
Crude Oil USD/Barrel / Jul 21	82.50
Gold Spot USD/Ounce / Jul 21	4,050.88
Diesel/Litre / Jul 21	354.35
Cotton US¢/pound / Jul 21	79.38

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