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Islamic finance

SCB hosts Global Shari’ah Majlis

KARACHI: The Global Shari’ah Majlis, a highly anticipated event in the Islamic finance industry, was held on...

Published 24 Oct, 2024 06:49am

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

‘ICMDC’ set up: SECP moves to promote Islamic capital market

KARACHI: The Securities and Exchange Commission of Pakistan (SECP) has constituted the Islamic Capital Market...

Published 20 Sep, 2024 06:10am

Business & Finance

Securities, futures markets: SECP to develop Islamic finance ecosystem

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has decided to develop Islamic finance ...

Published 19 Sep, 2024 07:22am

Business & Finance

Pakistani Islamic finance industry: Size estimated to have crossed $42bn: SECP

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has disclosed that the size of the Pakistani...

Published 17 Sep, 2024 06:33am

Business & Finance

Islamic financing helps govt save billions

KARACHI: The cash-strapped government is saving billions of rupees on account of raising financing through selling...

Updated 02 Sep, 2024 09:08am

Global moot highlights opportunities for growth, innovation in Islamic banking

KARACHI: A high-level international conference titled CotIB -“Conversion to Islamic Banking” highlighted...

Updated 21 Aug, 2024 08:51am

Conventional to Islamic banking: SBP issues broad parameters for conversion

KARACHI: The State Bank of Pakistan (SBP) has developed broad guiding parameters to help banks to devise their...

Updated 29 Jun, 2024 09:10am

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

Pakistan

Role of Islamic finance in sustainable growth highlighted

KARACHI: The Institute of Business Management’s (IoBM) two-day International Conference on Islamic Banking and...

Published 15 Nov, 2023 06:09am

Business & Finance

Businesspeople underscore need for promoting Islamic banking system

PESHAWAR: Business community has stressed the need for pragmatic steps to promote Islamic Banking and Finance System...

Published 25 Sep, 2023 06:34am

Business & Finance

SECP restructures RSB, allowing applicants to apply throughout the year

ISLAMABAD: In order to broaden outreach, the SECP has restructured its Regulatory Sandbox (RSB) from a cohort-based...

Published 15 Sep, 2023 06:31am

Business & Finance

Islamic financial system: State institutions need to play proactive role: IFAAS CEO

ISLAMABAD: Pakistan can develop and reshape the economy and financial system based on Islamic principles, provided...

Updated 14 Sep, 2023 06:49am

Move to promote Islamic mode of financing: MoF proposes draft amendments to MTBs, Ijara Sukuk rules

ISLAMABAD: The Finance Ministry has proposed draft amendments to Pakistan Market Treasury Bills and Ijara Sukuk...

Updated 09 Sep, 2023 09:28am

Business & Finance

SECP issues Shariah compliance certificate to licenced NBFC

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued a Shariah compliance certificate to ...

Published 07 Sep, 2023 06:21am

Business & Finance

Dar launches new Shariah-compliant products of NSS

ISLAMABAD: Finance Minister Ishaq Dar on Monday launched new Shariah-compliant products of the National Savings...

Updated 27 Jun, 2023 09:03am

Markets

National Savings to launch Shariah-compliant savings, term accounts soon: Ishaq Dar

Finance Minister Ishaq Dar on Monday said National Savings, a state-owned entity, would launch Shariah-compliant...

Updated 29 May, 2023 09:13pm

Business & Finance

SECP makes policy recommendation to implement Islamic stock trading

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has made a policy recommendation to implement...

Published 19 May, 2023 06:17am

Business & Finance

‘Regulatory Sandbox’: SECP to begin accepting applications for testing on 2nd

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) will be accepting applications for testing in...

Published 30 Apr, 2023 05:10am

Business & Finance

HABIBMETRO holds Islamic banking summit in Karachi

KARACHI: Sima Kamil, the deputy governor of State Bank of Pakistan (SBP), has said that finance is a fundamental...

Published 18 Jan, 2023 06:22am

Business & Finance

SECP asks all Islamic FIs to ensure Shariah compliance

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has asked all Islamic financial institutions to...

Updated 14 Jan, 2023 08:44am

Business & Finance

Procedure for turning usual financial institutions into Islamic ones explained

ISLAMABAD: The Securities and Exchange Commission of Pakistan on Wednesday issued a detailed procedure for the...

Published 12 Jan, 2023 05:51am

Pakistan

IoBM, BankIslami become knowledge partners to promote Islamic finance

KARACHI: Institute of Business Management (IoBM) and BankIslami Pakistan Limited signed a MoU on Wednesday. ...

Published 29 Dec, 2022 05:59am

Opinion

Sustainability and Islamic finance

The unique characteristic of Medina Economics is the fact that almost all the building blocks of the Islamic ...

Published 08 Dec, 2022 06:20am

Business & Finance

SBP hosts meetings of IFSB

KARACHI: State Bank of Pakistan (SBP) hosted the 40th Council Meeting and 20th General Assembly of the Islamic...

Published 10 Jun, 2022 07:38am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Petrol/Litre / Nov 21	248.38
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,662.71
Diesel/Litre / Nov 21	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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