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ISLAMIC BANKING

Sindh Bank posts 274pc surge in PBT to Rs4.05bn in H1’26

Published 16 Sep, 2026 05:59am

KARACHI: Sindh Bank reported its profit before tax of Rs 4.05 billion in H1’26, up from Rs 1.08 billion for H1’25...

Islamic banking is not the destination - it is the journey

Published 06 Jul, 2026 07:43pm

The question of whether Islamic banks are truly Islamic rests on a confusion between two things: what they are...

SLGTrax fintech entity LogiServe partners with MMBL

Published 01 Jul, 2026 05:57am

ISLAMABAD: LogiServe, the fintech arm of SLGTrax, Pakistan’s first integrated 4PL platform, has entered into a...

SBP eases process for banks shift to Islamic model

Published 17 Jun, 2026 05:36am

KARACHI: The State Bank of Pakistan (SBP) has eased the process for converting conventional bank branches into...

Green Sukuks: Islamic banking’s role in financing a sustainable Pakistan

Updated 28 Apr, 2026 03:34pm

Climate change is no longer a distant concern—it is a pressing reality that is reshaping global finance. As...

NBP conducts Merchant Sales Conference in Lahore

Published 19 Mar, 2026 06:08am

KARACHI: National Bank of Pakistan (NBP) conducted its Second Merchant Sales Conference in Lahore as part of its...

Seminar on working system of Islamic banking held

Updated 17 Feb, 2026 06:56am

FAISALABAD: In a bid to bridge the gap between academic knowledge and practical industry application, the Executive...

Askari Bank accelerates transition to Shariah-compliant banking nationwide

Published 08 Jan, 2026 06:20am

ISLAMABAD: Askari Bank Limited reaffirms its steadfast commitment to strengthening Pakistan’s economy through a...

OPINION: Pakistan: legal challenges to Islamic banking

Updated 23 Dec, 2025 07:15am

Islamic banking has emerged as a significant segment of Pakistan’s financial system, serving both faith based and...

Islamic banking: FPCCI, SBP BSC organise awareness session

Published 19 Dec, 2025 08:26am

LAHORE: An important awareness session on Islamic banking was organized jointly by the Federation of Pakistan...

VIS upgrades long-term entity rating of Sindh Bank Ltd

Published 04 Dec, 2025 06:04am

KARACHI: VIS Credit Rating Company Limited (VIS) has upgraded the long-term entity rating of Sindh Bank Limited ...

Islamic banking, riba-free economy: BankIslami launches nationwide outreach drive

Published 22 Nov, 2025 06:38am

KARACHI: BankIslami has launched a nationwide outreach initiative aimed at strengthening public understanding of...

Meezan Bank holds seminar on Islamic Banking

Published 06 Nov, 2025 06:14am

HYDERABAD: Vice President Hyderabad Chamber of Small Traders & Small Industry (HCSTSI) and Convener of the...

Islamic banking has secured 25% of industry share, says former SBP governor

Published 03 Oct, 2025 11:04pm

KARACHI: Islamic banking is gaining traction in Pakistan as its share has grown to a quarter of the entire banking...

BoK holds awareness session on Islamic Banking

Published 15 Sep, 2025 05:59am

PESHAWAR: A one-day awareness seminar on Islamic banking was organized by the Bank of Khyber in district Mardan of...

Kuwait’s merged Warba-Gulf Bank can grow for 10 years without capital hike, CEO says

Published 21 Aug, 2025 05:13pm

KUWAIT CITY: The new Islamic banking entity resulting from the merger of Kuwait’s Warba Bank and Gulf Bank will be...

BankIslami unveils ‘aik’, first digital Islamic banking solution

Published 23 Jul, 2025 06:02am

KARACHI: In a significant move toward the future of Islamic finance, BankIslami has launched ‘aik’, Pakistan’s...

MCB Islamic Bank recognised for excellence in promoting Islamic banking

Published 24 Jun, 2025 06:06am

LAHORE: MCB Islamic Bank has been recognised as one of the best-performing banks in conducting activities related to...

Seminar on Islamic banking: ‘95pc of revenue is consumed in paying off domestic loans’

Published 23 May, 2025 06:12am

LAHORE: The speakers at an Islamic banking awareness seminar highlighted that around 95 percent of national revenue...

Pakistan economy moving in the right direction: SBP governor

Updated 21 May, 2025 08:45am

KARACHI: Governor of the State Bank of Pakistan, Jameel Ahmad Tuesday said after facing significant economic...

‘Global Islamic finance assets to surpass $7.5trn by 2028’

Published 20 May, 2025 05:59pm

Standard Chartered on Tuesday released a report ‘Islamic Banking for Financial Institutions: Unlocking Growth Amidst...

Malaysian banking team visits Meezan Bank

Published 24 Apr, 2025 04:11am

KARACHI: For the first time in Pakistan’s history, a senior Malaysian banking delegation visited Meezan Bank in a...

Meezan Bank profit down 12% to Rs22.42bn in 1QCY25

Published 21 Apr, 2025 04:07pm

Meezan Bank (MEBL), the country’s largest Islamic bank, posted consolidated profit after tax (PAT) of Rs22.42...

Samba Bank to convert operations into Islamic banking

Published 14 Mar, 2025 05:34am

KARACHI: Samba Bank Limited has officially announced its decision to convert its operations from conventional ...

KP CM launches Islamic banking at Bank of Khyber

Published 21 Feb, 2025 06:49am

PESHAWAR: KP Chief Minister Ali Amin Khan Gandapur launched Islamic banking at the Bank of Khyber to fully convert...

Bank of Khyber begins transition to Islamic banking

Published 20 Feb, 2025 11:11am

Bank of Khyber (BoK) has formally initiated its transition into a full-fledged Islamic bank, the bank shared the...

Islamic banking: MBL and TKBB ink MoU on cross-border cooperation

Published 20 Feb, 2025 07:33am

KARACHI: In a significant step towards fostering international collaboration in Islamic finance, Meezan Bank and the...

Gandapur inaugurates BoK’s transition to Shariah-compliant Islamic banking

Published 20 Feb, 2025 07:23am

PESHAWAR: Chief Minister Khyber Pakhtunkhwa Ali Amin Khan Gandapur announced BoK’s transition to Islamic banking,...

LCCI organizes seminar on Islamic banking

Published 05 Feb, 2025 07:44am

LAHORE: The Lahore Chamber of Commerce and Industry, in collaboration with Faysal Bank, organized a seminar on...

‘40pc of world’s Shariah-compliant financial experts hail from Pakistan’

Published 13 Dec, 2024 07:57am

This is apropos a Business Recorder news item ‘40pc of world’s Shariah-compliant financial experts hail from...

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 29	277.32
USD PKR Interbank Buying / Sep 29	277.12
USD to Japanese Yen / Sep 30	157.03
USD to Swiss Franc / Sep 30	0.83
Pound Sterling to USD / Sep 30	1.32
Euro to USD / Sep 30	1.13
SOFR % / Sep 28	3.90

Stock	Volume
S&P 500 / Sep 29	7,670.84
Nasdaq / Sep 29	26,797.54
Dow Jones / Sep 29	51,349.92
India Sensex / Sep 30	72,729.39
Tokyo Nikkei / Sep 30	66,728.56
Hang Seng / Sep 30	24,534.37
FTSE 100 / Sep 30	10,714.17
Germany DAX 30 / Sep 30	25,546.29
France CAC40 / Sep 30	8,055.71

Item	Value
Karachi Cotton PKR/37.32 KG / Sep 29	18,780
Gold 10 Grams PKR / Sep 29	374,945
Petrol/Litre / Sep 30	387.54
Crude Oil USD/Barrel / Sep 30	89.69
Gold Spot USD/Ounce / Sep 30	4,309.98
Diesel/Litre / Sep 30	402.24
Cotton US¢/pound / Sep 30	79.18

Gainers
Losers
Leaders

Stock	Price
Colony Tex.Mills Ltd / Sep 30 Colony Textile Mills Limited(CTM)	7.26 ▲ 1 (15.97%)
Kohinoor Spinning / Sep 30 Kohinoor Spinning Mills Limited(KOSM)	5.73 ▲ 0.77 (15.52%)
Lse Spac-I Ltd. / Sep 30 Lse Spac-I Limited(SPAC1)	20.41 ▲ 1.86 (10.03%)
Tri-Star Mutual / Sep 30 Tri-Star Mutual Fund Limited(TSMF)	16.57 ▲ 1.51 (10.03%)
Sindh Modaraba / Sep 30 Sindh Modaraba(SINDM)	33.28 ▲ 3.03 (10.02%)
Ghazi Fabrics / Sep 30 Ghazi Fabrics International Limited(GFIL)	26.38 ▲ 2.4 (10.01%)
Asim Textile / Sep 30 Asim Textile Mills Limited(ASTM)	113.96 ▲ 10.36 (10%)
Dadex Eternit / Sep 30 Dadex Eternit Limited(DADX)	150.32 ▲ 13.67 (10%)
First Punjab Modaraba / Sep 30 First Punjab Modaraba(FPJM)	29.04 ▲ 2.64 (10%)
Oilboy Energy / Sep 30 Oilboy Energy Limited(OBOY)	18.59 ▲ 1.69 (10%)

Stock	Price
Ashfaq Textile / Sep 30 Ashfaq Textile Mills Limited(ASHT)	50.57 ▼ -5.62 (-10%)
Ghani Chemworld Limited(PRS) / Sep 30 Ghani Chemworld Limited(PRS)(GCWLPRS)	118.83 ▼ -13.16 (-9.97%)
Burj Clean Energy Modaraba / Sep 30 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	11.25 ▼ -1.15 (-9.27%)
The Thal Ind.Corp. / Sep 30 The Thal Industries Corporation Limited(TICL)	918.13 ▼ -92.07 (-9.11%)
Pakistan Services / Sep 30 Pakistan Services Limited(PSEL)	1,019.63 ▼ -99.15 (-8.86%)
Mandviwala / Sep 30 Mandviwala Mauser Plastic Industries(MWMP)	77.07 ▼ -7.14 (-8.48%)
S.G.Power / Sep 30 S.G. Power Limited(SGPL)	23.41 ▼ -1.84 (-7.29%)
D.M. Corporation / Sep 30 D.M. Corporation Limited(DMC)	165.33 ▼ -11.63 (-6.57%)
Cordoba Logistics / Sep 30 Cordoba Logistics & Ventures Limited(CLVL)	28.32 ▼ -1.94 (-6.41%)
EMCO Industries / Sep 30 Emco Industries Limited(EMCO)	32.10 ▼ -1.93 (-5.67%)

Stock	Volume
Pak Int.Bulk / Sep 30 Pakistan International Bulk Terminal(PIBTL)	73,446,994 ▲ 0.11
Kohinoor Spinning / Sep 30 Kohinoor Spinning Mills Limited(KOSM)	58,387,095 ▲ 0.77
Tasdeeq Info. Serv. / Sep 30 Tasdeeq Information Services Limited(TISL)	50,882,891 ▼ -0.09
Cnergyico PK / Sep 30 Cnergyico PK Limited(CNERGY)	28,308,841 ▲ 0.03
D.S. Ind. Ltd. / Sep 30 D.S. Industries Limited(DSIL)	21,823,804 ▲ 1.27
Arif Habib Corp / Sep 30 Arif Habib Corporation Limited(AHCL)	17,873,579 ▲ 0.1
Pak Refinery / Sep 30 Pakistan Refinery Limited(PRL)	17,817,038 ▲ 0.45
WorldCall Telecom / Sep 30 Worldcall Telecom Limited(WTL)	17,431,935 ▼ -0.01
S.G.Power / Sep 30 S.G. Power Limited(SGPL)	16,575,953 ▼ -1.84
F. Nat.Equities / Sep 30 First National Equities Limited(FNEL)	14,238,200 ▲ 0

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