Pakistan’s Islamic Finance Prospects Positive on Government Push As Industry Crossed $53 Billion
Dubai January 30 2024: The Pakistani Islamic finance industry has been growing on the back of government initiatives to convert ...
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Tag: Islamic Banking
Pakistan to Eliminate Riba Based Banking System, Finance Minister Says
Islamabad February 2 2023: Federal Minister for Finance Ishaq Dar on Thursday called for elimination of interest-based system from the ...
Pakistan To Move To Zakat & Ushr System in Five Years Says Finance Minister
Karachi November 30 2022: Federal Minister for Finance, Senator Muhammad Ishaq Dar on Wednesday assured that PML-N led government was ...
Federal Government Withdraws Petition Against Federal Shariat Court Decision for Riba Free Banking
Islamabad November 9 2022: Federal government decided to withdraw petition against the Federal Shariat Court decision for Riba Free Banking ...
Islamic Banking Branch Network Crosses 4,000 Mark With Nearing 7 Trillion Assets
Karachi October 4 2022: The outreach of Islamic Banking Institutions (IBI) continues to grow in Pakistan and their branch network ...
Pakistan’s Finance Minister Held Meeting For Elimination of Riba From Banking System With Islamic Scholars
Islamabad July 19 2022: Federal Minister for Finance and Revenue, Miftah Ismail here Tuesday held a meeting with renowned Islamic ...
Australia’s First Islamic Bank Secures License
Sydney July 6 2022: Australia’s first-ever Islamic bank has just been licensed and will begin beta testing with a small ...
Meezan and other Islamic Banks to adopt more AAOIFI Shariah Standards
Karachi July 5 2022: Meezan Bank and other Islamic banks including windows of Islamic banks to adopt more Accounting and ...
HBL stood at the top among large banks, BOP among mid-sized in SBP ranking for Agriculture credit
Karachi June 16 2022: HBL stood at the top among Large Banks while Bank of Punjab ranked on top among ...
Islamic Banking Deposits Grew By 28.4 Percent During Last 12 Months
Karachi July 10 2021: Deposit base of Islamic Banking grew by PKR765 billion during the period of last twelve months ...
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