Islamic Banking
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735Shariat Court gives govt 5 years to get rid of Riba-based unislamic banking system
The Federal Shariat Court (FSC) issued a decision in a long-running case on Riba (interest), ruling the current interest-based banking system to...
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659
PSX wins best Islamic stock exchange award
Pakistan Stock Exchange (PSX) has won the award of the best Islamic stock exchange by Global Islamic Finance Awards (GIFA) for the...
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617
Seed Out receives IsDB Award for impact in Islamic Economics
Another great achievement for Pakistan- Seed Out, a micro-entrepreneurs non-profit crowd funding platform has been conferred with Islamic Development Bank Award for inspirational achievement for the first...
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633
Investment by Islamic banking industry rises by 23 percent
The Islamic Banking Industry (IBI) invested 23 percent more than the deposit growth during Jan-March 2021 (3QFY21), according to report issued by the State...
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923
SBP declared best central bank for promoting Islamic finance
International Finance News (IFN) has awarded the best Central Bank award to the State Bank of Pakistan (SBP) in promoting Islamic Finance....
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1.5K
State Bank seeks to expand Islamic banking in Pakistan
Instructions are issued to banks by the State Bank of Pakistan to expand the scope of Islamic banking operations to 25 percent...
