Islamic banking

ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) has drafted a comprehensive set of regulations for governance of Shariah-compliant companies and entities. The move by the Securities and Exchange Commission of Pakistan…

KARACHI: Pakistan's central bank has issued guidelines covering how banks that want to be fully-fledged sharia compliant can achieve that status, setting a three-year time frame for applicants to complete the process. The rules aim to…

ISLAMABAD: Finance Minister Senator Ishaq Dar said on Tuesday that the government is taking structured policy actions to promote Islamic Banking in Pakistan. The finance ministry has issued notifications and agreed on the Terms of…

ISLAMABAD: President Mamnoon Hussain on Monday said that the federal government is focusing on the promotion of Islamic Banking in the country.

KARACHI: State Bank of Pakistan has reiterated its commitment for promotion and development of Islamic banking in Pakistan.

ISLAMABAD: The Securities and Exchange Commission of Pakistan has established an Islamic Finance Department to regulate and develop the Islamic financial market.

KARACHI: Bank Islami Pakistan, the country's second-largest full-fledged Islamic bank, has received regulatory approval to study the acquisition of KASB Bank Limited.