KARACHI ( Web News ) Pakistan’s central bank has imposed a penalty of slightly over Rs290 million on six commercial and Shariah-compliant banks for violating banking regulations related to foreign exchange, asset quality and general operation in the quarter ended September 30, 2022. All six are well-known banks including theRead More →

LAHORE ( Web News ) After successfully obtaining the In-Principle Approval from the State Bank of Pakistan for an Electronic Money Institution (EMI) license, YAP Pakistan has now entered into a strategic partnership with Faysal Bank to introduce digital financial services through the Fintech Express program. Faysal Bank’s Fintech ExpressRead More →

President Alvi directs Faysal Bank Ltd to refund defrauded money to senior citizen ISLAMABAD ( Web News ) President Dr. Arif Alvi has directed Faysal Bank Ltd to refund defrauded money to a senior citizen who was subjected to bank fraud and set aside the orders of the Banking Mohtasib.Read More →

Faysal Bank partners with EFU Life to launch EFU Roshan Mustaqbil Takaful for Roshan Digital Account Holders  ISLAMABAD ( Web News ) Faysal Bank and EFU Life Window Takaful Operations further strengthened their partnership by launching EFU Roshan Mustaqbil Takaful an industry first Takaful plan specially designed to cater toRead More →

ISLAMABAD ( Web News ) Faysal Bank, a leading Islamic bank of Pakistan, has won the Best Islamic Bank for Transformation and Innovation 2021 Award at the Global Islamic Finance Awards (GIFA). The Global Islamic Finance Awards (GIFA) is one of the most coveted and respectable market-led awards in Islamic bankingRead More →

ISLAMABAD  ( Web News ) Faysal Bank Limited signed an agreement with the leading Dubai-based real estate development company, Emaar Karachi, to provide home financing to its customers for Emaar’s current projects in the country. Through this partnership, Faysal Islami will facilitate individual clients to avail the Shariah compliant homeRead More →

ISLAMABAD ( Web News ) Faysal Bank Limited recently conducted a virtual corporate briefing session. Through the session the Bank’s Chief Financial Officer, Syed Majid Ali briefed the analyst community and shareholders about the Bank’s business strategy, financial performance and its outlook. The Bank has made significant progress on itsRead More →

Western Union Agreement with Faysal Bank Expands Western Union International Money Transfer Payout to more than 35 Banks ISLAMABAD ( Web News ) Western Union, a global leader in cross-border, cross-currency money movement and payments, is collaborating with Faysal Bank, one of Pakistan’s leading Islamic banks, to enhance its real-timeRead More →

ISLAMABAD ( Web News ) Faysal Bank Limited and Akhuwat have come together in a strategic partnership to promote Shariah compliant affordable housing, under the Government of Pakistan’s low-cost housing finance facility for low-income individuals. The memorandum of understanding (MoU) was signed by Faysal Bank’s Head of Corporate & InvestmentRead More →

ISLAMABAD ( WEB DESK ) Country’s leading cellular and digital services provider, Zong 4G, and one of Pakistan’s leading commercial banks, Faysal Bank, have inked an agreement making Zong 4G its official communication partner. The partnership is in line with the digitization goals of both the organizations, with Zong 4GRead More →