Conventional to Islamic banking: SBP issues broad parameters for conversion KARACHI: The State Bank of Pakistan (SBP) has developed broad guiding parameters to help banks to devise their... Updated 29 Jun, 2024 09:10am
Business & Finance Islamic banking: Mashreq allowed to commence operations KARACHI: The State Bank of Pakistan (SBP) has granted, In-Principal Approval (IPA), to Mashreq Pakistan to commence... Published 27 Jun, 2024 06:52am
Business & Finance BoK inaugurates women-centric Islamic Banking branch in Hayatabad PESHAWAR: Bank of Khyber (BoK) announced the inauguration of the very first women-centric Islamic Banking branch in... Published 14 Jun, 2024 06:31am
Business & Finance Empowering agricultural future: ABL Islamic Banking Group arranges awareness session LAHORE: Allied Bank (ABL) Islamic banking group recently invited Rozena Saleha, CEO of Kalam4Solutions and her team... Published 27 Apr, 2024 05:03am
BR Research Interview with Ahmed Saljouk - Founding member and Director of Finance & Development, Alif Holdings (Pvt. Ltd) ‘We are a high-street brand that is approachable and affordable’ Ahmed Saljouk is a visionary Leader Shaping... Published 26 Mar, 2024 09:16am
Business & Finance ‘HABIBMETRO SIRAT’ wins two awards at IRBA KARACHI: HABIBMETRO SIRAT Islamic Banking was honoured with two prestigious awards at the 9th Islamic Retail Banking... Published 09 Dec, 2023 05:46am
Business & Finance Technology upgradation to boost operations: Faysal Bank plans to expand its branch network to 1,000 KARACHI: Pakistan’s first fully conventional to Islamic converted bank, Faysal Bank Limited (FBL) has planned to... Published 10 Oct, 2023 06:19am
Business & Finance Faysal Bank apprises SCCI about growing Islamic banking SIALKOT: President and CEO Yousaf Hussain along with Jaudat Hussain, Head Retail Banking Faysal Bank Limited and ... Updated 05 Sep, 2023 06:46am
Business & Finance Islamic banking’s share soars to over 21pc: FPCCI chief KARACHI: Irfan Iqbal Sheikh, President FPCCI, has apprised that the share of Islamic banking has surpassed 21 ... Published 18 Jul, 2023 05:51am
Business & Finance Publication on banking sector released: ‘Financial inclusion remains a challenge’ KARACHI: The financial inclusion remains a challenge for Pakistan with lower financial, women and rural inclusion... Published 15 Jul, 2023 06:08am
Business & Finance Dar launches new Shariah-compliant products of NSS ISLAMABAD: Finance Minister Ishaq Dar on Monday launched new Shariah-compliant products of the National Savings... Updated 27 Jun, 2023 09:03am
Business & Finance Govt launches Shariah-compliant savings, term accounts Dar says government committed to promoting Islamic finance in Pakistan Updated 26 Jun, 2023 05:10pm
Pakistan SSUET, Ihsan Trust to provide interest-free loan to students KARACHI: Sir Syed University of Engineering & Technology (SSUET) signed a Memorandum of Understanding (MoU) with... Published 07 Jun, 2023 06:05am
Markets National Savings to launch Shariah-compliant savings, term accounts soon: Ishaq Dar Finance Minister Ishaq Dar on Monday said National Savings, a state-owned entity, would launch Shariah-compliant... Updated 29 May, 2023 09:13pm
Business & Finance Global landscape of Islamic finance grows to $3trn, workshop told KARACHI: Islamic banking is rapidly growing and the global landscape of Islamic finance has grown to approximately $... Published 09 Mar, 2023 06:23am
Business & Finance Standard Chartered launches Sahar Women’s Account Under the initiative, females can avail 2-2.5% discount on bank’s services Published 06 Feb, 2023 07:53pm
Pakistan Govt committed to eliminate Riba-based financial system, says Dar Finance Minister Mohammad Ishaq Dar on Thursday said that the government remains committed to implementing the... Published 02 Feb, 2023 12:13pm
Business & Finance BOP opens its 780th branch in Lahore LAHORE: The Bank of Punjab celebrated opening of its 780th branch in Lahore on 25th January, making a total of 116... Published 27 Jan, 2023 06:15am
Business & Finance Summit Bank equity injection completed KARACHI: Summit Bank Limited announced that a key milestone relating to equity injection from H.E. Nasser Abdulla... Published 18 Jan, 2023 06:22am
Opinion Islamic banking: a success story Last week the largest transformation from conventional to Islamic banking was achieved as all the branches of the... Published 14 Jan, 2023 06:22am
Business & Finance Govt remains committed to eliminate interest-based banking system in Pakistan: Dar A special wing to be set up at the SBP for the promotion of interest-free system, says Dar SBP governor Jameel Ahmad says demand for Islamic banking higher than conventional banking Updated 30 Nov, 2022 09:02pm
Business & Finance SBP, NBP to withdraw appeals against Shariat Court's order: Ishaq Dar Finance minister says govt has held discussions, will form roadmap to implement interest-free banking system in Pakistan Published 09 Nov, 2022 07:30pm
Business & Finance Fast-track payments: Meezan Bank launches POS terminals, online gateway KARACHI: Meezan Bank, Pakistan’s leading Islamic bank, has launched Point of Sale (POS) payment and online payment... Published 09 Sep, 2022 07:14am
Business & Finance NBP launches Aitemaad Islamic Banking Window at Rawalpindi branch KARACHI: The Islamic Banking Window of NBP Aitemaad at Main Branch, Rawalpindi was inaugurated by Gul Bahar Khan,... Published 21 Jun, 2022 05:51am
Business & Finance Fitch sees Islamic banking getting major boost in Pakistan Says if Federal Shariat Court orders are implemented effectively, the Islamic finance industry could receive a big boost in the medium term Updated 08 Jun, 2022 05:32pm
Editorials Riba-free banking: move prudently EDITORIAL: In 2001, the Supreme Court’s Shariat Appellate Bench had ordered the implementation of steps aimed at... Published 03 Jun, 2022 05:56am
Business & Finance Pakistan's Islamic banking sector to have 30% market share by 2026: Moody’s Estimates average growth over 2021-2026 to range between 25%-28% for total assets and deposits Updated 24 May, 2022 06:37pm
BR Research Selling Takaful The insurance (and takaful) penetration is very low in Pakistan. This is attributable to various reasons, ranging... Published 24 Mar, 2022 09:27am
Business & Finance HBL selects Temenos to transform its banking services KARACHI: HBL, Pakistan’s largest bank network to adopt the Temenos core banking platform to provide domestic and... Published 18 Feb, 2022 04:31am
Business & Finance 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
Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost
Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost
Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost