✕

KARACHI: The State Bank of Pakistan (SBP) has cancelled the authorization/license of M/s Al-Rahim Exchange Company (Pvt) Limited with immediate effect due to serious violations of SBP’s regulatory instructions.

Consequently, Al-Rahim Exchange Company, including its Head Office and all constituent branches, is hereby prohibited from undertaking any foreign exchange-related business activities in any capacity whatsoever.

Copyright Business Recorder, 2026