In a significant move toward the future of Islamic finance, BankIslami has launched ‘aik’, Pakistan’s first fully digital ...

Meezan Bank, Pakistan’s leading Islamic bank and NED University of Engineering and Technology have signed a landmark ...

Samba Bank Limited has officially announced its intention to transition from conventional banking to a fully Islamic ...

Samba Bank Limited, a subsidiary of the Saudi National Bank of the Kingdom of Saudi Arabia, has announced plans ...

Pakistan’s progress on digital banking has been woefully slow; it is even more distressing in the Islamic fintech space despite the growing demand for Shariah-compliant digital banking solutions.

However, the shift reflects the increasing demand for Islamic banking in Pakistan. The SBP defines Islamic banking as a system aligned with Islamic values and free from interest-based transactions.

Khushhali Microfinance Bank is set to expand into Islamic banking, offering Sharia-compliant financial services.

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet is to approve phasing out of the SPB’s Long ...

Bank of Khyber (BoK) has formally initiated its transition into a full-fledged Islamic bank, the bank shared the development in its notice to the Pakistan Stock Exchange (PSX) on Thursday.

Each government is attempting to blame the other for the continued activities of ISKP. Meanwhile, the group continues to ...

the Islamic Development Bank and five other institutions said in a letter that Pakistan was renegotiating wind and solar power contracts with independent producers to bring down energy costs in "a ...