How Islamic Finance Empowers SMEs for Growth and Success
Small and Medium Enterprises (SMEs) are the lifeline of Pakistan’s economy. With over five million SMEs contributing about 90% of the country’s …
South Asia
Air India Ends Halal Meals for Hindu and Sikh Passengers
In a noteworthy shift toward accommodating diverse cultural and religious preferences, Tata Group-owned Air India recently announced a major update in …
Central Bank Drives Islamic Banking Growth at Bahrain Conference
The Central Bank of Afghanistan is pioneering a major transformation in the nation’s financial sector, championing a shift toward Islamic …
Meezan Bank Partners with ITFC to Boost Private Sector Trade Finance
In an exciting development for Pakistan’s economy and the global Islamic finance landscape, Meezan Bank, the largest Islamic bank in Pakistan, has …
Pakistan’s First Islamic Nano Financing by Walee Financial Services
In a significant step toward building an interest-free financial system, Walee Financial Services Pvt Ltd has launched Pakistan’s first Islamic …
Top Islamic Financial Institutions 2024 Highlights
The top Islamic Financial Institutions landscape in 2024 is marked by resilience, growth, and continued adaptation. At the heart of this dynamic …
Pakistani Senate Passes Bill to Boost Islamic Banking
The passage of the Banking Companies Amendment Bill 2024 by the Pakistani Senate marks a pivotal development in the country’s ongoing efforts to …
Pakistan Has Potential In Global Halal Meat Trade
In recent years, the global halal meat trade has grown rapidly, driven by rising consumer demand for ethically sourced and religiously certified meat. …
Pakistan Could Be The World’s No. 1 Tourism Destination
Pakistan—a country brimming with breathtaking landscapes, rich cultural heritage, and warm hospitality—has often been overlooked by global travelers. …
India’s Growing Calls for a Ban on Halal Meat
In recent years, the call to ban halal meat in India has intensified, particularly following the rise to power of the Hindu-nationalist Bharatiya …
Can Halal Cosmetics & Beauty Products Thrive In India?
The global market for halal cosmetics and beauty products is booming, driven by growing consumer demand for ethical, safe, and halal-certified …
Food Authority Seizes Large Quantities of Substandard Meat and Honey
In a relentless effort to ensure the safety of food consumed by the public, the Khyber Pakhtunkhwa (KP) Food Safety and Halal Food Authority has …
How To Salvage Pakistan’s Economy?
Pakistan’s economy has faced several challenges over the years, including political instability, mounting debt, a fragile fiscal structure, and …
Pak-Qatar Family Takaful CEO Waqas Ahmad Joins IAP Executive Committee
The Takaful industry in Pakistan has reached a pivotal milestone with the appointment of Waqas Ahmad, CEO of Pak-Qatar Family Takaful (PQFTL), to the …
SBP Simplifies Conversion for Conventional Banks to Islamic Banking
State Bank of Pakistan (SBP) has taken a progressive step in promoting Islamic banking by revising the criteria for converting conventional banking …
Malaysia Opens A New Trade Office in Pakistan
In a boost to Pakistan’s economic ties with Southeast Asia, the country has announced the establishment of a Malaysian trade office in Karachi. This …
India to Launch Halal Meat Exports to 15 Muslim Nations
In a significant shift in trade policy, the Indian government plans to export halal-certified meat and related products to 15 Muslim-majority …
Battle Against Halal in India Intensifying
The current anti-halal movement in India, fueled by the BJP-led government and supported by Hindu nationalist groups, is creating waves of tension …
HAC Sri Lanka Signs MOU with Thailand’s Halal Science Center
In a significant step towards enhancing the quality and reliability of Halal certification, the Halal Assessment Council of Sri Lanka (HAC) has signed …
HNB General Takaful Awarded ‘Takaful Window/Unit of the Year 2023/24’
HNB General Takaful, the Islamic insurance division of HNB General Insurance, has garnered widespread attention in the financial sector after being …
Islamic Bank Deposits Continue to Grow Despite Ongoing Irregularities
Islamic Bank deposits in Bangladesh continue to exhibit resilience and growth, even as several major institutions grapple with financial scandals and …
Union Bank PLC Names Md Fariduddin Ahmed as Chairman to Boost Islamic Finance
Union Bank PLC, a key player in the Islamic finance sector, is embarking on a transformative journey with the recent appointment of Md Fariduddin …
Eastern Bank Launches Islamic Banking in Bangladesh
In a major development for the financial sector in Bangladesh, Eastern Bank has officially launched its Islamic banking services, marking a …
Islamic Banks Provide More Affordable Financing, Say Experts
Islamic banking in Pakistan has undergone a significant transformation, evolving from a niche offering into a mainstream component of the financial …