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AlBaraka

Second AlBaraka regional conference Unveils crucial role of home remittances in Pakistan

Karachi, January 29, 2024 :  AlBaraka Forum for Islamic Economy in collaboration with the Islamic Chamber of Commerce and Development (ICCD) hosted the 2nd AlBaraka Regional Conference to shed light on the crucial role of home remittances in Pakistan and their impact on sustainable development. The conference served as a platform to discuss the multifaceted…

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online and physical trading of gold

First formal company for physical and online buying and selling of gold in Pakistan established

Karachi, January 29, 2024: The first formal company for online and physical trading of gold will starts operation in Pakistan from January 30, 2024 in Karachi that will eliminate speculations in gold trade and price Manoeuvring in the local market. Approved by Securities and Exchange Commission of Pakistan (SECP) and Pakistan Mercantile Exchange Company (PMEX),…

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Faysal Bank and OPay

Faysal Bank and OPay collaborate for expanding digital merchant acceptance across Pakistan

Karachi, January 24, 2024 : Faysal Bank Limited, a leading Islamic financial institution known for its commitment to technological innovation with Sharia compliance, announced a strategic collaboration with OPay, a global fintech giant with a proven track record in providing cutting-edge digital payment solutions. The collaboration aims to empower the entire spectrum of small, medium,…

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power tariff at 9 cents/KWh

Notification for power tariff at 9 cents/KWh to industrial consumers still awaited

Karachi, January 27, 2024 : President Karachi Chamber of Commerce & Industry (KCCI) Iftikhar Ahmed Sheikh has urged that in addition to immediately releasing the already earmarked Rs7 billion against previous incremental consumption package, the government must also arrange the remaining Rs21 billion as a total of Rs28 billion were pending on incremental consumption of…

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