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DIBPL & Fauree Tech launch Pak’s first multi-product Shariah-compliant digital supply chain finance platform KARACHI   (  WEB  NEWS  ) Dubai Islamic Bank Pakistan Limited (DIBPL), one of the country’s leading Islamic banks, has partnered with Fauree Tech (Pvt.) Ltd., Pakistan’s pioneering digital supply chain finance platform, to launch the nation’sRead More →

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BankIslami & MG Introduces Industry’s Lowest Auto Rental rate with Instant Processing KARACHI  (  WEB  NEWS  ) BankIslami, Pakistan’s leading Islamic bank, has announced a special collaboration with MG Motors Pakistan, offering customers the most competitive Shariah-compliant auto financing package in the industry. With an unprecedented rental rate starting fromRead More →

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Lucky Investments Limited Awarded AM2 Asset Manager Rating by PACRA Karachi    (   Web  News   )  Lucky Investments Limited (Lucky Investments) has been awarded an initial Asset Manager Rating of “AM2” with a Positive Outlook by The Pakistan Credit Rating Agency Limited (PACRA). This significant milestone marks a strong startRead More →

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JS Investments Launches JS Islamic Premium Fund to Offer Attractive Shariah-Compliant Returns ISLAMABAD  (  Web  News ) JS Investment Limited (JSIL) has announced the launch of JS Islamic Premium Fund (JSIPF), a shariah-compliant investment solution for its investors. This new offering is a straightforward, medium-risk investment solution that delivers consistentRead More →

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BOP – The First Bank Disbursing Funds under PM Youth Loan Scheme LAHORE ( Web News ) The Bank of Punjab (BOP) becomes the first bank disbursing funds to Microfinance Providers for the Prime Minister’s Youth Business & Agriculture Scheme (PMYB&ALS). The bank disbursed PKR 100 million to National RuralRead More →

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Jazz partners with Kistpay to provide affordable smartphones with easy installments ISLAMABAD ( Web News ) Jazz, Pakistan’s leading digital operator and a part of VEON Group, has signed an agreement with Kistpay, a Shariah-compliant financing platform, to bring smartphones to its consumers with easy installment plans. This collaboration willRead More →

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Meezan Bank provides First-of-its-kind Shariah-compliant solution to Inland Bill Discounting Facility for Huawei Technologies Pakistan (Pvt.) Limited KARACHI ( Web News ) Meezan Bank – Pakistan’s first and largest Islamic bank has successfully instituted an Islamic alternate to Inland Bill Discounting Facility for Huawei Technologies Pakistan (Pvt.) Limited – aRead More →

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The Bank of Punjab to invest PKR 2 billion in TPL REIT Fund LAHORE ( Web News ) A signing ceremony was held at BOP’s Karachi office to announce BOP’s investment commitment in TPL REIT Fund. Present on the occasion were Mr. Zafar Masud (President & CEO, BOP), Mr. FaridRead More →

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lSLAMABAD ( WEB NEWS ) Faysal Bank Limited, Pakistan’s fastest growing Islamic Bank has launched “Noor” Card – a Shariah compliant alternative to conventional credit cards, facilitating its Islamic banking consumers with a range of benefits and Halal offers across various categories of spend – powered by Mastercard. Taking theRead More →