Aurangzeb says Pakistan economy’s issues have been addressed In address at Islamic capital markets conference, finance minister says country committed towards raising infrastructure finance through Shariah-compliant bonds Updated 12 Dec, 2024 10:35pm
Business & Finance ‘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
Business & Finance MCB Bank posts Rs18.1bn profit in 3Q2024, down 8% YoY MCB Bank Limited, one of Pakistan’s largest commercial banks, reported a profit-after-tax (PAT) of Rs18.13 billion... Updated 23 Oct, 2024 06:12pm
Business & Finance Meezan Bank posts Rs26.4bn profit in 3QCY24 Meezan Bank, the country’s largest Islamic bank, posted consolidated earnings of Rs26.36 billion for the third... Updated 21 Oct, 2024 07:18pm
Opinion Importance of riba-free banking for a developing country like Pakistan Riba-free (interest-free) banking is a key principle of Islamic finance, which prohibits interest on loans, viewing... Updated 12 Oct, 2024 08:31am
Print ‘Fleecing by Islamic banks’: Senate panel seeks detailed briefing from SBP ISLAMABAD: The Senate Standing Committee on Finance, Wednesday, directed the State Bank of Pakistan (SBP) to provide... Updated 29 Aug, 2024 08:56am
Business & Finance Market share of Islamic banking sector tops 20pc by Sept-end KARACHI: The market Share of Islamic Banking Industry (IBI) in the banking sector continued to post healthy growth... Published 29 Dec, 2022 05:59am
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