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Wednesday, August 13, 2025
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NAB chairman directs to effectively pursue modaraba, musharaka scandals

Javed Iqbal said that reforms would be brought in the NAB to revive and improve the stature of the accountability watchdog.

Pakistan regulators transfer management of two modaraba funds

ISLAMABAD: Supreme Court of Pakistan has upheld a decision by the capital market regulator to transfer the management of two Islamic investment funds to Karachi-based KASB Modaraba, accelerating efforts to strengthen financing by investment partnerships.

Pakistan regulators merging three Islamic investment firms

ISLAMABAD: Pakistan regulators are merging three small Islamic investment firms after the central bank took control of Karachi-based KASB Bank Limited, accelerating efforts to strengthen financing by investment partnerships.
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