Karachi, April 30: The Government of Pakistan on Wednesday raised Rs114.347 billion through the third auction of its Hybrid Sukuk, marking the second such issuance in the current month, amid strong investor demand for Shariah-compliant instruments. Meezan Bank Limited acted as the Lead Joint Financial Advisor (JFA) for the transaction, …
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Karachi: The State Bank of Pakistan (SBP) has introduced additional facilitative measures under its housing finance program to improve access to loans and streamline the approval process for prospective borrowers. Under the revised framework, the central bank has capped the debt burden ratio at 65 percent, requiring that total monthly …
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KARACHI, April 30, 2026: Stop Illegal Trade (SIT) has commended the enforcement efforts of the Federal Board of Revenue (FBR), which have yielded significant results over the past year. These include sealing illegal manufacturing units, seizing illicit cigarette stocks, and confiscating raw materials. Enforcement measures continue to dismantle the illicit …
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Highlights: • Profit before tax of PKR 11.7 billion • Revenue of PKR 16.6 billion • Strong growth in net advances up by 21% since the start of the year Pakistan, 29 April 2026 – Standard Chartered Bank Pakistan Limited (SCBPL) delivered a resilient financial performance with a Profit before tax of PKR 11.7 bn …
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Karachi, April 29, 2026: JS Bank Limited has announced its financial results for the quarter ended March 31, 2026, reporting a Profit before tax of PKR 2.175 billion and Profit after tax of PKR 1.045 billion, translating into Earnings Per Share (EPS) of PKR 0.51. JS Bank’s balance sheet showed …
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Karachi, April 29, 2026: Service Long March Tyres Limited, one of Pakistan’s leading manufacturers of truck and bus radial tyres, has announced its Initial Public Offering (IPO) at the Pakistan Stock Exchange, marking a significant milestone as the company moves into its next phase of growth with entry into the …
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Move seen as key step toward formalizing Pakistan’s digital asset ecosystem and boosting remittances KARACHI, April 28, 2026): The Exchange Companies Association of Pakistan (ECAP) has sought the inclusion of exchange companies under the licensing framework of the Pakistan Crypto Council, as part of broader efforts to formalize and expand …
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FrieslandCampina Engro Pakistan Limited (FCEPL) has announced its financial results for the year ended December 31, 2025.
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ABHI Microfinance Bank Limited has signed a Memorandum of Understanding (MoU) with TouchPoint (Private) Limited to explore the expansion and modernization of its banking access infrastructure, including ATMs, Cash Deposit Machines (CDMs), card printing systems, and other essential self-service technologies. The collaboration establishes a structured framework for both organizations to …
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KARACHI: Renowned thought-leader and banker Sirajuddin Aziz has launched his latest book, In God’s Words, at a ceremony held at Avari Towers. The book offers a carefully researched, question-and-answer–based exploration of the Holy Qur’an, encouraging readers to engage with the divine text through reflection, context, and deeper understanding. The launch …
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