Trends - ISLAMIC BANKING - Business Recorder

ISLAMIC BANKING

Islamic banking and finance system ‘Pakistan has great potential to avail advantages’

ISLAMABAD: Pakistan has a great potential to avail the advantages of Islamic banking and finance system, which...

Published 18 Jan, 2022 04:20am

Business & Finance

SBP’s Reza Baqir appointed chairman of IFSB Council

He will also be serving as the chairman of the IFSB General Assembly for the year 2022

Published 10 Dec, 2021 01:25pm

Business & Finance

4th Round Table Conference: Faysal Bank shares its unique transformation journey

KARACHI: A local media house recently organized the 4th Round Table Conference on Islamic Banking with the aim of...

Published 31 Aug, 2021 04:03am

Pakistan

GCWUF launches degree programme in Islamic banking, finance

FAISALABAD: Providing quality education to female students is our primary goal to bring about positive change in...

Published 25 Aug, 2021 04:43am

Business & Finance

Commercial, investment and development bank: Balochistan to hire consultancy services

ISLAMABAD: The Balochistan government has initiated process to hire consultancy services of a company for setting up...

Published 06 Apr, 2021 04:23am

Business & Finance

Moody’s says Robust growth in Pakistan’s Islamic banking a credit positive

“The growth is credit positive for Pakistani banks because it attracts customers from the previously unbanked population, which creates new business opportunities and boosts banks' financial performance,” said Moody’s.

Published 29 Mar, 2021 11:00am

Business & Finance

NPF ratio of Islamic Banking remains well below overall banking industry: SBP

During the quarter under review (October-December 2020), the asset base of Islamic Banking Industry (IBI) grew by 12.1 percent (Rs. 461 billion) and reached Rs. 4,269 billion.

Updated 24 Mar, 2021 01:13pm

Business & Finance

Moody’s expects Islamic banking to expand across South Asia post-pandemic

As per a new report by Moody's Investors Service, Islamic banks in South and Southeast Asia have sufficient capital and liquidity to meet increased demand for financing as economies recover from the pandemic, while young, growing populations and government efforts to develop the sector will support long-term growth.

Published 24 Feb, 2021 04:17pm

Pakistan

Islamic Banking & Finance: Sindh HEC, IBA start 1-month online course

KARACHI: The Sindh HEC in collaboration with Centre for Excellence in Islamic Finance (IBA Karachi) has started...

Published 11 Feb, 2021 04:34am

Business & Finance

BankIslami chief calls for Collective Efforts to Mitigate Covid-19’s Impact

He went on to say that the asset base of the Islamic banking industry during the July 2019 to June 2020 period grew by 21 percent.

Published 25 Nov, 2020 04:38pm

Business & Finance

Islamic Banking market share reaches 16pc

Moreover, at the end of September 2020, profit before tax of IBI stood at Rs 69.9 billion.

Published 21 Nov, 2020 11:17am

Gainers
Losers
Leaders

Stock	Price
National Silk / Jan 21 The National Silk & Rayon Mills Limited(NSRM)	30.80 ▲ 2.06 (7.17%)
Kohinoor Spining / Jan 21 Kohinoor Spinning Mills Limited(KOSM)	4.34 ▲ 0.24 (5.85%)
Masood Textile / Jan 21 Masood Textile Mills Limited(MSOT)	48.49 ▲ 2.49 (5.41%)
Prud Mod.1st / Jan 21 First Prudential Modaraba(PMI)	2.10 ▲ 0.09 (4.48%)
Jubilee Gen. Ins. / Jan 21 Jubilee General Insurance Limited(JGICL)	45.01 ▲ 1.88 (4.36%)
Octopus Digital / Jan 21 Octopus Digital Limited(OCTOPUS)	108.75 ▲ 2.98 (2.82%)
Nishat Power / Jan 21 Nishat Power Limited(NPL)	19.48 ▲ 0.46 (2.42%)
Javedan Corp. / Jan 21 Javedan Corporation Limited(JVDC)	50.00 ▲ 1.00 (2.04%)
Pak Datacom / Jan 21 Pak Datacom Limited(PAKD)	50.99 ▲ 0.99 (1.98%)
K-Electric Ltd. / Jan 21 K-Electric Limited(KEL)	3.16 ▲ 0.06 (1.94%)

Stock	Price
Khurshid Spinning / Jan 21 Khurshid Spinning Mills Limited(KHSM)	8.61 ▲ -0.89 (-9.37%)
Kohinoor Power / Jan 21 Kohinoor Power Company Limited(KOHP)	4.37 ▲ -0.43 (-8.96%)
J.K.Spinning / Jan 21 J.K. Spinning Mills Limited(JKSM)	38.00 ▲ -2.00 (-5.00%)
Pak Gen.Ins. / Jan 21 The Pakistan General Insurance Co. Ltd.(PKGI)	4.00 ▲ -0.20 (-4.76%)
J. D. W. / Jan 21 JDW Sugar Mills Limited(JDWS)	225.00 ▲ -10.00 (-4.26%)
Mehran Sugar / Jan 21 Mehran Sugar Mills Limited(MRNS)	38.00 ▲ -1.00 (-2.56%)
Nagina Cot. / Jan 21 Nagina Cotton Mills Limited(NAGC)	85.00 ▲ -1.99 (-2.29%)
Oilboy Energy / Jan 21 Oilboy Energy Limited(OBOY)	21.60 ▲ -0.44 (-2.00%)
Pak Hotels / Jan 21 Pakistan Hotels Developers Limited(PHDL)	134.90 ▲ -2.10 (-1.53%)
Pakistan Cables / Jan 21 Pakistan Cables Limited(PCAL)	161.00 ▲ -2.03 (-1.25%)

Stock	Volume
Jah.Sidd. Co. / Jan 21 Jahangir Siddiqui & Co. Ltd.(JSCL)	10,882,000 ▼ 0.00
TRG Pak Ltd / Jan 21 TRG Pakistan Limited(TRG)	8,703,818 ▼ 0.00
WorldCall Telecom / Jan 21 Worldcall Telecom Limited(WTL)	5,779,500 ▼ 0.00
Ghani Glo Hol / Jan 21 Ghani Global Holdings Limited(GGL)	3,969,500 ▼ 0.00
Cnergyico PK / Jan 21 Cnergyico PK Limited(CNERGY)	3,050,032 ▼ 0.00
Telecard Limited / Jan 21 Telecard Limited(TELE)	2,980,500 ▼ 0.00
Kot Addu Power / Jan 21 Kot Addu Power Company Limited(KAPCO)	2,535,500 ▼ 0.00
Askari Bank / Jan 21 Askari Bank Limited(AKBL)	2,000,000 ▼ 0.00
GhaniGlobalGlass / Jan 21 Ghani Global Glass Limited(GGGL)	1,980,500 ▼ 0.00
Tariq Glass Ind. / Jan 21 Tariq Glass Industries Limited(TGL)	1,758,600 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 20	176.60
USD PKR Interbank Buying / Jan 20	176.45
USD to Japanese Yen / Jan 20	114.03
USD to Swiss Franc / Jan 20	0.92
Pound Sterling to USD / Jan 20	1.36
Euro to USD / Jan 20	1.13
UK LIBOR % / Jan 20	0.08

Stock	Volume
S&P 500 / Jan 20	4482.73
India Sensex / Jan 20	59464.62
Tokyo Nikkei / Jan 20	27772.93
Nasdaq / Jan 20	14154.02
Hang Seng / Jan 20	24952.35
FTSE 100 / Jan 20	7585.01
Dow Jones / Jan 20	34715.39
Germany DAX 30 / Jan 20	15912.33
France CAC40 / Jan 20	7194.16