Digital P2G payments gain momentum Published 07 Sep, 2026 04:49am KARACHI: Person-to-Government (P2G) payments through digital channels are gaining momentum, with 1LINK alone...
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...
SBP unveils revised PRISM+ operating rules Updated 18 Apr, 2026 09:05am KARACHI: The State Bank of Pakistan (SBP) has unveiled comprehensively revised operating rules for the Pakistan...
IBIs’ financing share soars to 38pc: SBP Updated 07 Mar, 2026 09:09am KARACHI: Pakistan’s Islamic banking sector continued its robust growth during the last year 2025, further...
KSE-100 banks post record $1.16bn profit in 1HCY25 Updated 30 Aug, 2025 12:13pm Pakistani banks listed at the Pakistan Stock Exchange (PSX) benchmark KSE-100 Index posted their highest-ever...
Credit access to small farmers: Risk coverage scheme for banks, MFBs unveiled Updated 21 Aug, 2025 08:50am KARACHI: In a major step to strengthen the agriculture sector and provide greater access to credit for small and...
Shariah-Compliant Intermediaries: SECP issues consultation paper Published 20 May, 2025 05:58am ISLAMABAD: In order to facilitate Roshan Digital Account (RDA) clients, the Securities and Exchange Commission of...
Islamic banking and finance in Pakistan: challenges and roadmap Updated 06 Dec, 2024 08:31am “Allah has permitted trade and forbidden usury”. Al Baqarah. The creation of Pakistan was indeed based on the...
Conventional to Islamic mode: SBP sets new bank branch conversion criteria Updated 03 Oct, 2024 09:06am KARACHI: With a view to further facilitate banks in conversion of their branches, the State Bank of Pakistan (SBP)...
Islamic financing helps govt save billions Updated 02 Sep, 2024 09:08am KARACHI: The cash-strapped government is saving billions of rupees on account of raising financing through selling...
Bank Alfalah’s profit falls 8% in 1QCY24, clocks in at Rs9.93bn Published 24 Apr, 2024 04:31pm Despite higher net income, Bank Alfalah saw its profit fall to Rs9.93 billion during the quarter ended March 31,...
Q1CY24: SBP imposes Rs775.542m penalties on banks, FIs Published 18 Apr, 2024 03:24am KARACHI: The State Bank of Pakistan (SBP) has imposed Rs 775.542 million penalties on banks and financial...