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
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. …
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 …
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 …
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 …
SECP Develops Alternate Shariah-Compliant Structure for Short-Term Sukuk Issuance
Islamabad — The Securities and Exchange Commission of Pakistan (SECP) is making significant strides in developing the country’s financial markets by …
PSX Set to Auction Rs. 100 Billion Sukuk on August 15
The Pakistan Stock Exchange (PSX) is preparing for a significant financial event with its 12th Sukuk Auction scheduled for August 15, 2024. This …
SBP Injects Rs 9.57 Trillion into Pakistan’s Conventional and Islamic Banking Systems
On Friday, the State Bank of Pakistan (SBP) executed a monumental financial maneuver, injecting an astonishing Rs 9.57 trillion into the banking …
ZLK and Dubai Islamic Bank Partner to Expand Shariah Investments
In a landmark development for the Islamic finance sector, ZLK Islamic Financial Services, one of Pakistan’s leading Shariah-compliant brokerage …
Faysal Bank Projects Earnings to Double in Three Years
We are initiating coverage on Faysal Bank Limited (FABL) with a target price of PKR 100 per share. This valuation is based on a Price-to-Book (P/B) …
Pakistan Boycotts Israeli-Linked Products, Labels Netanyahu as ‘Terrorist
The government of Pakistan has launched a nationwide boycott of Israeli-linked products, following intense negotiations led by Prime Minister Shehbaz …
Pakistan’s CDNS Targets Rs 170 Billion for Islamic Finance in FY 2024–25
The Central Directorate of National Savings (CDNS) is aiming high for the 2024-2025 fiscal year with an ambitious investment target of Rs 170 billion …
PSX Appoints Meezan Bank as First Market Maker for GOP Ijarah Sukuk
The Pakistan Stock Exchange (PSX) has taken a major step forward by inducting Meezan Bank as the first market maker for the Government of Pakistan …
BoK Inaugurates Women-Centric Islamic Banking Branch in Peshawar
PESHAWAR: The Bank of Khyber (BoK) has made a groundbreaking move by opening the first women-centric Islamic banking branch in Khyber Pakhtunkhwa. …
Muhammad Taqi Usmani Advocates for Innovative Sukuk Strategies
Sukuk’s transformative potential goes far beyond simply bridging budgetary deficits; it serves as a vital tool for funding development projects. …
Leading Pakistani Food Manufacturer Announces New UAE Subsidiary
KARACHI: Ismail Industries Limited, a prominent Pakistani food manufacturer and exporter has unveiled plans to establish a subsidiary in Abu Dhabi, …
PACRA Upgrades MCB Islamic Bank’s Long-Term Rating to A+
In a major milestone for MCB Islamic Bank, the Pakistan Credit Rating Agency Limited (PACRA) has elevated the bank’s long-term entity rating …
Heatwave in Pakistan Claims Over 500 Lives in Six Days
As temperatures soared in southern Pakistan, so did the death toll as Pakistan swelters. The Edhi ambulance service, which usually transports around …
SBP Directs IBI To Adopt New AAOIFI Shariah Standards
Karachi: The State Bank of Pakistan (SBP) has issued a directive for the adoption of two crucial Accounting and Auditing Organization for Islamic …
Pak-Qatar Family Takaful Announces Waqas Ahmad as New CEO
Pak-Qatar Family Takaful Limited (PQFTL), a leading provider of Shariah-compliant Family Takaful solutions, is excited to announce the appointment of …
Training Course on Halal Products Standards To Be Held in Islamabad in May
The COMSTECH-SMIIC Training Course titled “OIC/SMIIC Halal Products Standards and Testing: Food, Pharmaceuticals, and Cosmetics” is …
Around 100 Pakistani Companies Participate in Gulfood 2024
In a remarkable display of culinary and agricultural prowess, nearly 100 Pakistani companies are making their presence felt at this year’s …