Banking
Pak-Qatar family takaful, Meezan Bank sign agreement to launch instant withdrawals facility
Karachi, September 10, 2024: Pak-Qatar Family Takaful Limited (PQFTL), Pakistan’s Pioneer and leading Family Takaful Company and Meezan Bank, Pakistan’s leading Islamic bank, have announced a strategic partnership aimed at revolutionizing the financial landscape in Pakistan. This collaboration was formalized through a Memorandum of Understanding (MoU) signed by Mr. Waqas Ahmad – Chief Executive Officer,…
Mobilink Bank, CARE Pakistan join forces to empower 50,000 women
Islamabad, September 03, 2024: Pakistan’s leading digital microfinance bank, Mobilink Bank, has joined forces with CARE Pakistan to unlock the potential of 50,000 women through the Strive Women program. Under this partnership, Mobilink Bank and CARE Pakistan will invest in their financial literacy and skills development, paving the way for a more equitable and prosperous…
National Bank of Pakistan, myZoi to enable financial inclusion
National Bank of Pakistan (NBP) is proud to announce a strategic partnership with myZoi Financial Inclusion Technologies (myZoi), a leading fintech company based in the United Arab Emirates dedicated to fostering financial inclusion and literacy. This collaborative effort makes cross-border fund transfers more accessible and convenient for the under banked Pakistani nationals residing in the…
SBP injects Rs966.5 billion into market
Islamabad, August 23, 2024: State Bank of Pakistan (SBP) injected Rs966.5 billion in the market on Friday through reverse repo purchase and Shariah Compliant Mudarabah based Open Market Operation (OMO). According to OMO results issued here, the SBP conducted Open Market Operation, Reverse Repo Purchase (Injection) on August 23, 2024 for 7-day and 28-day tenors…
Aurangzeb invites Dubai Islami Bank to enhance investments
Islamabad, August 22, 2024: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb here on Thursday invited the Dubai Islamic Bank to enhance its investment in the country; reaffirming the government’s dedication to maintaining a stable macroeconomic environment and ensuring that all necessary measures were in place to facilitate foreign investment. The minister was talking…