Sukuk, other Shariah-compliant financing modes: Govt wants more loans against its unencumbered assets ISLAMABAD: The federal government has decided to issue domestic and international Sukuk and raise other... Updated 07 Mar, 2024 09:47am
World Dubai Islamic Bank starts selling 5-year sustainable sukuk Dubai Islamic Bank, the biggest Islamic lender in the United Arab Emirates, has started selling 5-year sustainable... Published 26 Feb, 2024 10:53am
Print Borrowing level of caretakers comparatively lower than PDM govt’s: MoF ISLAMABAD: The Finance Ministry has maintained that the domestic and external borrowings during the period of the... Updated 23 Feb, 2024 08:54am
Business & Finance Govt picks Rs87bn thru Sukuk auction KARACHI: The government has smartly borrowed slightly less amount to maintain yields in the latest Sukuk auction at... Updated 25 Jan, 2024 09:10am
Print External financing needs: IMF lowers projection to 7.1pc of GDP ISLAMABAD: The International Monetary Fund (IMF) has lowered the projection of Pakistan’s gross external financing... Updated 21 Jan, 2024 09:35am
Opinion Outlook 2024 – II Increasing bank lending should to be the next move. The ratio of advances to deposits should increase from present... Updated 03 Jan, 2024 05:59am
Print Eyeing Rs110bn funding: Govt gearing up to unveil another sukuk auction calendar KARACHI: In a bid to strengthen its financial standing, the government of Pakistan is gearing up to unveil yet... Updated 21 Dec, 2023 08:37am
Editorials Sukuk issuance on PSX floor: foot in the door EDITORIAL: A historic moment for the Pakistan capital market arrived last week. Unfortunately, however, it did not... Published 15 Dec, 2023 03:12am
Print Sukuk auction results in resounding success KARACHI: The first primary market auction for the Government of Pakistan one-year Ijarah Sukuk at Pakistan Stock... Updated 12 Dec, 2023 09:30am
Print Sukuk receives Rs479bn participation against Rs30bn target KARACHI: The first-ever auction for a one-year Government of Pakistan Ijarah Sukuk at the Pakistan Stock Exchange on... Updated 09 Dec, 2023 04:34pm
Editorials The external resource shortfall EDITORIAL: The budgeted 6 billion dollars from the commercial banking sector abroad and through issuance of... Published 28 Nov, 2023 04:56am
Business & Finance SECP standardises structure for issuance of Sukuk ISLAMABAD: The Shariah Advisory Committee (SAC) of the SECP has approved standardization of the Shariah Structure... Published 10 Aug, 2023 06:35am
Opinion Domestic and foreign savings: Government must cease reliance National savings rate is an important indicator of an economy’s financial health, and its identity with investment... Published 29 May, 2023 04:27am
Business & Finance ‘Regulatory Sandbox’: SECP to begin accepting applications for testing on 2nd ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) will be accepting applications for testing in... Published 30 Apr, 2023 05:10am
Business & Finance ‘Financial system can be made Shariah-compliant by regular issuance of Sukuk’ LAHORE: The financial system of the country can be made Shariah-compliant and interest-free by regular issuance of... Published 10 Mar, 2023 03:46am
Markets Islamic Development Bank set to raise $2bn with sukuk DUBAI: The Islamic Development Bank is set to raise $2 billion from a sale of Islamic bonds, or sukuk, maturing in... Published 07 Mar, 2023 07:11pm
Print Maiden auction: Govt borrows Rs5.5bn via Ijarah Sukuk Sukuk is also approved by the Shariah Advisory Committee of the SBP to ensure its adherence to Islamic law Updated 18 Feb, 2023 01:00pm
Markets Dubai Islamic Bank to raise $1bn with sustainable sukuk DUBAI: Dubai Islamic Bank, the biggest Islamic lender in the United Arab Emirates, is set to raise $1 billion from a... Published 09 Feb, 2023 05:33pm
Print Asset-backed securitization rules: SPVs allowed to offer debt securities ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has allowed Special Purpose Vehicles (SPVs) to... Updated 04 Dec, 2022 10:57am
Print IPPs payment mode: MoF willing to pay GPPs Rs93.4bn ISLAMABAD: Finance Ministry has shown a willingness to pay Rs 93.438 billion to Government-owned Power Plants (GPPs)... Updated 17 Nov, 2022 09:22am
Business & Finance Money Market CISs: SECP allows cumulative exposure ISLAMABAD: In order to broaden the scope of investment avenues for Open-End Money Market Collective Investment... Updated 25 Oct, 2022 09:37am
Editorials State of the economy EDITORIAL: The strengthening of the Pakistani rupee vis-a-vis the dollar since the appointment of Ishaq Dar as the... Published 11 Oct, 2022 05:54am
Pakistan Federal cabinet greenlights issuance of Sukuk bond Custody of underlying asset to be given to State Bank of Pakistan Updated 21 Jun, 2022 08:06pm
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
Pakistan Payment in form of PIBs, Sukuk: CPPA-G likely to negotiate with CPEC IPPs ISLAMABAD: Central Power Purchasing Agency- Guaranteed (CPPA-G) is likely to negotiate with CPEC IPPs to accept... Updated 19 Mar, 2022 10:21am
Pakistan Sukuk, IMF package to help shore up Pakistan's economy: Moody’s Development to help economy at a time when current account deficit is widening Updated 23 Feb, 2022 04:42pm
Markets Rupee's winning streak ends, falls marginally against US dollar Rupee's upward trajectory against the US dollar came to a halt on Tuesday, as the local currency recorded its first... Updated 08 Feb, 2022 09:30pm
Pakistan Pakistan plans to raise another $1bn from ESG Eurobonds: report Finance minister Shaukat Tarin says fund will be utilised for projects such as developing clean water and cleaning up the rural landscape Published 03 Feb, 2022 06:26pm
Pakistan Current IMF programme 'should be enough': Shaukat Tarin Finance minister says curtailing budget deficit and tapping international markets should help sustain economic growth Updated 03 Feb, 2022 05:11pm
Markets Sukuk issuance seen flat at best in 2022: S&P DUBAI: S&P Global Ratings said on Wednesday it expects global sukuk issuance volumes to be flat at best in 2022,... Published 19 Jan, 2022 07:32pm
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees
