Court Orders Pak Government To Abolish Interest By 2027
Federal Shariat Court (FSC) of Pakistan Issues Directive to Abolish Interest from Nation’s Financial System by 2027
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Ishaq Dar Emphasizes Islamic Finance’s Role in Alleviating Poverty Challenges
Ishaq Dar, former finance minister of Pakistan, emphasized the role of Islamic finance in alleviating poverty challenges during a recent webinar. He …
Daraz Pakistan and Salaam Takaful Launch Islamic Insurance for Riders’ Belongings
Setting a new industry standard, Daraz Pakistan, the country’s premier e-commerce platform, and Salaam Takaful Limited, the foremost dedicated …
Abhi, a Pakistani Fintech, Launches Region’s First Sukuk
Abhi, a revolutionary fintech platform based in Pakistan, has made a significant breakthrough by issuing the region’s first-ever fintech Sukuk …
Meezan Bank Surpasses $1.5 Billion in RDA Deposit Inflows
Karachi: Meezan Bank, Pakistan’s leading Islamic bank, has recently surpassed the milestone of $1.5 billion in deposit inflows under the Roshan …
Pakistan Seeks UAE Investment in Its Tourism Sector
Pakistan Ambassador to the UAE, Faisal Niaz Tirmizi, has urged UAE investors and business leaders to look into investment possibilities in …
Let’s Visit A 4,000 Years’ Old City in Pakistan
In the dusty plains of present-day Sindh in southern Pakistan lie the remains of one of the world’s most impressive ancient cities that most …
Pakistan Pledges To Abolish Interest in Five Years
Dar says FSC’s order on interest-free banking to be implemented
The government announced on Wednesday it would implement the Federal Shariat Court …
Pakistan Removed From Global ‘Terrorism’ Financing List
The Financial Action Task Force (FATF), a global money laundering and terrorism financing watchdog, on Friday removed Pakistan from a list of …
30 Million Need Aid As ‘Unprecedented’ Floods Hit Pakistan
More than 30 million Pakistanis affected by the worst flooding in a decade are in desperate need of aid as authorities say they have been …
Pakistan To Grow Halal Food Exports To Global Markets
The corporate sector in the country must fully exploit the potential of the vast scope of halal food exports in global markets as its current size of …
Saudi Arabia Renews $3bn Deposit to Pakistan
Saudi Arabia has agreed to renew a $3bn deposit at Pakistan’s central bank to bolster the south Asian state’s depleted foreign reserves as Islamabad …
Rider To Provide Amazon-Like Next-Day Delivery in Pakistan
Rider is on a mission to provide online shoppers in Pakistan with “Amazon-like” next-day deliveries. The Karachi-based company announced it has raised …
Is Pakistan A Normal Economy?
Is Pakistan a normal economy? That is the title of a research article written by a Pakistani economist, Shahid Yusuf. The reason we wanted to share …
Islamic Banking in Pakistan To Outpace Conventional Peers by 2026
With a continued strong growth trajectory, Pakistan’s Islamic banking industry is estimated to materially outpace conventional banking by 2026, …
Can Pakistan Grab a Sizeable Share of the $3Tr Global Halal Market?
Can Pakistan grab a share in the $3 trillion global Halal markets? The answer to this question may depend on a whole host of internal and external …
Pakistan’s Zaraye, a B2B Platform, Raises $2.1M from Tiger Global
Obtaining raw materials is a major pain point for Pakistan’s manufacturers, who need to have multiple phone calls with suppliers while waiting for …
Pakistan To Increase its Share of Global Halal Market
Karachi: Businessmen have called upon the government and the private sector to make serious efforts to enable Pakistan to gain its due share in the …
Pakistan’s Islamic Banking To Maintain Growth in 2022: Moody’s
Moody has said that the Islamic finance sector, an integral part of Pakistan’s National Financial Inclusion Strategy (NFIS), will continue growing in …
Pakistan Issues $1 Billion Sukuk Bond
Pakistan entered the Islamic-denominated Sukuk Bond market on Monday after a pause of four years for raising $1 billion at an offered yield of 7.95% …
CreditPer & PayPro to Offer Customers Interest-Free Loans in Pakistan
CreditPer, a pioneer in digital financial services in Pakistan for individuals and businesses alike, has joined hands with PayPro to provide …
‘Halal Market Poised To Become Trillion Dollar Industry’ Says Pak Minister
Minister for Science and Technology Shibli Faraz on Friday said the government had approved Pakistan Halal Authority business rules and Pakistan Halal …
Digitization of Islamic Financial Services Must For Pak Economy
Adviser to Prime Minister (PM) on Finance and Revenue Shaukat Tarin on Tuesday asked financial institutions, concerned regulatory and supervisory …
Pakistan Halal Authority to Enter the Global Halal Food Market
The federal cabinet has finally adopted functioning guidelines for Pakistan Halal Authority after a nearly five-year wait (PHA).
The PHA was founded …