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AAOIFI

‘40pc of world’s Shariah-compliant financial experts hail from Pakistan’

KARACHI: Pakistan has firmly established itself as a key player in the global Islamic banking sector, with nearly 40...

Published 12 Dec, 2024 06:01am

Opinion

True riba-free Islamic banking

The motivation to provide interest- (riba) free financial services is derived from the desire of Muslim communities...

Updated 11 Oct, 2024 08:20am

Business & Finance

SECP notifies 7 more Shariah standards

ISLAMABAD: In its endeavour to replicate the best international practices in the Islamic financial services, the...

Published 20 Jul, 2024 05:34am

Business & Finance

Sukuk Standard: AAOIFI and Meezan Bank host public hearing session

KARACHI: The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) with Meezan Bank...

Published 12 Jul, 2024 05:48am

Business & Finance

SBP directs IBI to adopt new AAOIFI Shariah Standards

Karachi: The State Bank of Pakistan (SBP) has asked for adoption of Accounting and Auditing Organization for Islamic...

Published 20 Jun, 2024 06:01am

Business & Finance

Islamic finance: ‘Consultation Paper’s on adoption of AAOIFIs standards published

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has published a consultation paper to seek...

Published 04 Feb, 2024 03:01am

Islamic FIs must comply with AAOIFI standards: SECP

ISLAMABAD: All Islamic financial institutions including entities offering Islamic financial services would be...

Updated 03 Feb, 2024 02:45pm

Business & Finance

SECP, AAOIFI to set up JRDC

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) and Accounting and Auditing Organisation for...

Published 06 Dec, 2023 04:27am

SBP adopts AAOIFI’s Shariah standards

KARACHI: The State Bank of Pakistan (SBP) on Wednesday announced the adoption of the “Accounting and Auditing...

Updated 31 Aug, 2023 09:25am

Pakistan

Sheikh Ebrahim bin Khalifa briefed about BISP

ISLAMABAD: Sheikh Ebrahim Bin Khalifa Al Khalifa, chairman Board of Trustees AAOIFI, called on Federal Minister for...

Published 31 May, 2023 03:57am

Govt committed to promoting Islamic finance: Dar

Finance minister says strategic plan in place for development of Islamic finance

Updated 30 May, 2023 09:18am

Business & Finance

AAOIFI chief throws light on principles of Islamic capital markets

ISLAMABAD: Sheikh Ebrahim Bin Khalifa Al Khalifa, Chairman, Board of Trustees, Accounting and Auditing Organization...

Published 30 May, 2023 03:37am

Business & Finance

Islamic capital market: SBP governor highlights key challenges

ISLAMABAD: State Bank of Pakistan (SBP) Governor Jameel Ahmad said Monday that collaboration among regulators,...

Published 30 May, 2023 03:37am

Business & Finance

Conference on ‘Islamic Capital Markets’ on Monday

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) and Accounting and Auditing Organization for...

Published 26 May, 2023 06:48am

Business & Finance

SECP, AAOIFI to host conference on Islamic capital markets in May

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) and the Accounting and Auditing Organisation ...

Published 21 Apr, 2023 05:56am

Business & Finance

Islamic banking’s future discussed at ICIBF 2022

KARACHI: Syed Samar Hasnain, ED, Development Finance Group, SBP was the Guest of Honour at the 6th International...

Published 03 Nov, 2022 05:50am

Business & Finance

SECP reconstitutes Shariah Advisory Committee

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has reconstituted its Shariah Advisory ...

Published 21 Jul, 2022 05:40am

Business & Finance

Islamic banking industry: SBP adopts more AAOIFI Shariah Standards

KARACHI: The State Bank of Pakistan (SBP) has adopted four more Accounting and Auditing Organization for Islamic...

Published 05 Jul, 2022 05:19am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 17	278.60
USD PKR Interbank Buying / Dec 17	278.60
USD to Japanese Yen / Dec 17	153.56
USD to Swiss Franc / Dec 17	0.89
Pound Sterling to USD / Dec 17	1.27
Euro to USD / Dec 17	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
India Sensex / Dec 17	80,684.45
Tokyo Nikkei / Dec 17	39,164.26
Nasdaq / Dec 17	20,109.06
Hang Seng / Dec 17	19,815.30
FTSE 100 / Dec 17	8,195.20
Dow Jones / Dec 17	43,449.90
Germany DAX 30 / Dec 17	20,246.37

Item	Value
Crude Oil USD/Barrel / Dec 17	70.11
Karachi Cotton PKR/37.32 KG / Dec 17	17,585
Gold 10 Grams PKR / Dec 17	241,860
Gold Spot USD/Ounce / Dec 17	2,644.07
Cotton US¢/pound / Dec 17	68.53
Petrol/Litre / Dec 18	252.10

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.69 ▲ 0.99 (17.37%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.50 ▲ 0.45 (11.11%)
Dadabhoy Cement / Dec 18 Dadabhoy Cement Industries Limited(DBCI)	7.85 ▲ 0.74 (10.41%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Shaheen Ins. / Dec 18 Shaheen Insurance Company Limited(SHNI)	6.70 ▲ 0.61 (10.02%)
Nimir Resins / Dec 18 Nimir Resins Limited(NRSL)	35.16 ▲ 3.20 (10.01%)
Data Agro / Dec 18 Data Agro Limited(DAAG)	139.24 ▲ 12.66 (10.00%)
Diamond Ind. / Dec 18 Diamond Industries Limited(DIIL)	20.90 ▲ 1.90 (10.00%)

Stock	Price
Equity Modaraba / Dec 18 First Equity Modaraba(FEM)	3.01 ▼ -0.43 (-12.50%)
Dewan Textile / Dec 18 Dewan Textile Mills Limited(DWTM)	5.67 ▼ -0.77 (-11.96%)
Blue-Ex Ltd / Dec 18 Blue-Ex Limited (GEM)(GEMBLUEX)	37.76 ▼ -4.20 (-10.01%)
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
Din Tex. / Dec 18 Din Textile Mills Limited(DINT)	45.90 ▼ -5.10 (-10.00%)
J.K.Spinning / Dec 18 J.K. Spinning Mills Limited(JKSM)	58.50 ▼ -6.50 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Calcorp Ltd / Dec 18 Calcorp Limited(CASH)	26.22 ▼ -2.91 (-9.99%)
Sanghar Sugar / Dec 18 Sanghar Sugar Mills Limited(SANSM)	29.20 ▼ -3.15 (-9.74%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.08
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▼ -0.21
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	58,285,174 ▼ -0.22
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	57,202,972 ▲ 0.18
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -0.15
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 2.07
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▲ 0.24
Hub Power Co. / Dec 18 The Hub Power Company Limited(HUBC)	33,289,968 ▼ -1.58
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	31,365,092 ▼ -0.07

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