Islamic banking

Islamic Banking – Myths & Misconceptions

Islamic banking has evolved in Pakistan and the market share has consistently increased from 14.9%… Read More

Ishaq Dar launches four Shariah compliant product of National Savings

ISLAMABAD: Federal Minister for Finance and Revenue Ishaq Dar on Monday launched four Shariah complaint… Read More

Ishaq Dar says committee formed to promote Islamic banking

ISLAMABAD: Finance Minister Ishaq Dar on Tuesday reiterated the federal government’s resolve to promote Islamic… Read More

Ishaq Dar calls for eliminating interest-based system from Pakistan

KARACHI: Finance Minister Ishaq Dar has called for elimination of interest-based system from Pakistan, saying… Read More

Ishaq Dar says govt committed to promote Islamic Banking in Pakistan

KARACHI: Finance Minister Ishaq Dar has asserted that the federal government was committed to promote… Read More

Islamic banking shows ‘tremendous’ 30pc growth in assets for CY2020

The overall assets and deposits of Islamic banking have shown tremendous growth of 30 pc… Read More

SECP drafts governance rules for Shariah-compliant firms, securities

ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) has drafted a comprehensive set of regulations… Read More

SBP sets rules for banks wanting to be fully sharia compliant

KARACHI: Pakistan's central bank has issued guidelines covering how banks that want to be fully-fledged… Read More

Govt forms four sub-committees to promote Islamic banking

ISLAMABAD: Finance Minister Senator Ishaq Dar said on Tuesday that the government is taking structured… Read More

Government launches $500 million in Islamic bonds

KARACHI: Government is set to launch $500 million in Islamic bonds to raise money for… Read More

SBP widens Islamic banks’ benchmark requirements

ISLAMABAD: Pakistan's central bank has amended its regulations to exempt Islamic banks from using interest-based… Read More

Finance minister constitutes committee for Islamic banking

ISLAMABAD: Federal Minister for Finance Senator Ishaq Dar has constituted the Committee for the implementation… Read More

Growth in Islamic Banking encouraging, says Mamnoon

ISLAMABAD: President Mamnoon Hussain on Monday said that the federal government is focusing on the… Read More

SBP reiterates commitment for Islamic banking

KARACHI: State Bank of Pakistan has reiterated its commitment for promotion and development of Islamic… Read More

SECP forms Islamic Finance Department

ISLAMABAD: The Securities and Exchange Commission of Pakistan has established an Islamic Finance Department to… Read More

Bank Islami to study purchase of KASB Bank

KARACHI: Bank Islami Pakistan, the country's second-largest full-fledged Islamic bank, has received regulatory approval to… Read More

Bank Islami plans capital-boosting sukuk

ISLAMABAD: Bank Islami Pakistan, the country's second largest full-fledged Islamic bank, plans to raise 3.5… Read More

SBP rolls out second media campaign to boost Islamic finance

ISLAMABAD: State Bank of Pakistan (SBP) is launching a second phase of a mass media campaign… Read More

SBP launches Islamic banking media campaign

ISLAMABAD: State Bank of Pakistan (SBP) on Tuesday launched the second phase of media campaign… Read More

Pakistan picks banks to hold dollar sukuk roadshows

ISLAMABAD: Pakistan has mandated four banks to arrange fixed income investor meetings started Monday ahead… Read More