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اردو

Apr 09, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Business & Finance Print 2024-12-20

SBP adopts Shariah standard

Recorder Report Published December 20, 2024

KARACHI: The State Bank of Pakistan (SBP) has announced adoption of AAOIFI Shariah Standard No. 59 - Sale of Debt aimed at standardizing and harmonizing Shariah practices in Islamic Banking Institutions (IBIs) with immediate effect subject to clarifications/amendments.

The adoption of this standard is in addition to applicable regulations, instructions and directives issued by SBP from time to time. SBP said that failure to comply with these instructions may invoke penal action under the relevant provisions of the Banking Companies Ordinance 1962.

SBP Shariah Standard

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 8	280.80
USD PKR Interbank Buying / Apr 8	280.55
USD to Japanese Yen / Apr 8	145.30
USD to Swiss Franc / Apr 8	0.84
Pound Sterling to USD / Apr 8	1.28
Euro to USD / Apr 8	1.10
UK LIBOR % / Apr 8	4.96

Stock	Volume
S&P 500 / Apr 8	4,982.77
India Sensex / Apr 8	73,673.06
Tokyo Nikkei / Apr 8	32,147.04
Nasdaq / Apr 8	15,267.91
Hang Seng / Apr 8	19,834.94
FTSE 100 / Apr 8	7,910.53
Dow Jones / Apr 8	37,645.59
Germany DAX 30 / Apr 8	20,280.26
France CAC40 / Apr 8	7,100.42

Item	Value
Crude Oil USD/Barrel / Apr 8	57.61
Karachi Cotton PKR/37.32 KG / Apr 8	17,085
Gold 10 Grams PKR / Apr 8	272,633
Gold Spot USD/Ounce / Apr 8	3,007.97
Cotton US¢/pound / Apr 8	64.39
Petrol/Litre / Apr 9	254.63
Diesel/Litre / Apr 9	258.64

Gainers
Losers
Leaders

Stock	Price
Escorts Bank / Apr 9 Escorts Investment Bank Limited(ESBL)	5.68 ▲ 0.72 (14.52%)
Shakarganj / Apr 9 Shakarganj Limited(SML)	42.57 ▲ 3.87 (10%)
First Elite Cap.Mod / Apr 9 First Elite Capital Modaraba(FECM)	17.71 ▲ 1.61 (10%)
ZIL Limited / Apr 9 ZIL Limited(ZIL)	244.40 ▲ 22.22 (10%)
Trust Sec.& Brok. / Apr 9 Trust Securities & Brokerage Limited(TSBL)	12.21 ▲ 1.11 (10%)
Pak Gulf Leasing / Apr 9 Pak-Gulf Leasing Company Limited(PGLC)	16.17 ▲ 1.47 (10%)
PIA Holding Co.B / Apr 9 PIA Holding Company Limited B(PIAHCLB)	1,105.04 ▲ 100.46 (10%)
Leiner Pak Gelat / Apr 9 Leiner Pak Gelatine Limited(LPGL)	127.90 ▲ 11.63 (10%)
Blue-Ex Ltd / Apr 9 Blue-Ex Limited (GEM)(GEMBLUEX)	61.80 ▲ 5.62 (10%)
Philip Morris Pak. / Apr 9 Philip Morris (Pakistan) Limited(PMPK)	1,307.02 ▲ 118.82 (10%)

Stock	Price
Oilboy Energy(R) / Apr 9 Oilboy Energy Limited(R)(OBOYR2)	2.40 ▼ -0.36 (-13.04%)
Paramount Mod / Apr 9 First Paramount Modaraba(FPRM)	7.83 ▼ -1 (-11.33%)
Fateh Ind. / Apr 9 Fateh Industries Limited(FIL)	119.56 ▼ -13.27 (-9.99%)
J.K.Spinning / Apr 9 J.K. Spinning Mills Limited(JKSM)	57 ▼ -6.25 (-9.88%)
Suhail Jute / Apr 9 Suhail Jute Mills Limited(SUHJ)	80.12 ▼ -8.14 (-9.22%)
Saritow Spinning / Apr 9 Saritow Spinning Mills Limited(SSML)	14.65 ▼ -1.35 (-8.44%)
LSE Ventures / Apr 9 LSE Ventures Limited(LSEVL)	9.35 ▼ -0.86 (-8.42%)
Sindh Modaraba / Apr 9 Sindh Modaraba(SINDM)	10.11 ▼ -0.89 (-8.09%)
PICIC Ins.Ltd. / Apr 9 PICIC Insurance Limited(PIL)	2.23 ▼ -0.19 (-7.85%)
F.Credit & Inv / Apr 9 First Credit and Investment Bank Limited(FCIBL)	6.50 ▼ -0.5 (-7.14%)

Stock	Volume
Cnergyico PK / Apr 9 Cnergyico PK Limited(CNERGY)	121,664,697 ▼ -0.08
Bank Al-Falah / Apr 9 Bank Alfalah Limited(BAFL)	32,603,056 ▼ -0.96
K-Electric Ltd. / Apr 9 K-Electric Limited(KEL)	19,040,828 ▼ -0.1
Sui South Gas / Apr 9 Sui Southern Gas Company Limited(SSGC)	18,550,301 ▼ -0.81
At-Tahur Ltd. / Apr 9 At-Tahur Limited(PREMA)	17,053,175 ▼ -1.92
B.O.Punjab / Apr 9 The Bank of Punjab(BOP)	15,984,263 ▼ -0.17
WorldCall Telecom / Apr 9 Worldcall Telecom Limited(WTL)	15,883,113 ▼ -0.02
Pak Int.Bulk / Apr 9 Pakistan International Bulk Terminal(PIBTL)	14,994,441 ▼ -0.23
Fauji Cement / Apr 9 Fauji Cement Company Limited(FCCL)	14,674,396 ▲ 0.04
PIA Holding Co.Ltd / Apr 9 PIA Holding Company Limited(PIAHCLA)	14,475,048 ▲ 1.25