KARACHI, July 13,2026: BankIslami has partnered with EFU Life Assurance and EFU General Insurance to offer affordable microtakaful products through its mobile banking application. Under the partnership, BankIslami customers can enroll in, pay for and submit claims for exclusive microtakaful plans directly through the app. The plans cover health, accidental …
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KARACHI, July 13,2026: Meezan Bank has partnered with the Centre for Islamic Finance (CIF) at LUMS to expand access to industry-focused Islamic finance education and develop skilled professionals for the growing sector. The two organizations signed a Memorandum of Understanding (MoU) to combine Meezan Bank’s industry expertise with LUMS’ academic …
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Karachi, July 7,2026: A consortium of banks, led by The Bank of Punjab (BoP) and backed by InfraZamin Pakistan Limited, has achieved the financial close of a Rs4.76 billion, 10-year Islamic syndicated financing facility for Air Link Communication Limited and Select Technologies Limited. The financing will help expand advanced manufacturing …
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KARACHI, July 4,2026: Pak-Qatar Family Takaful Limited has received an international award at the 14th International Takaful Summit 2026 in London for driving innovation and expanding Pakistan’s Takaful industry. The company earned the recognition for introducing innovative products, strengthening digital ecosystems, enhancing customer value and pioneering Shariah-compliant pension solutions. The …
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Karachi, 21 May: Pakistan Stock Exchange Limited (PSX) raised Rs76.286 billion for the Ministry of Finance through the 6th Auction of Government of Pakistan Hybrid Sukuk (GHS) held on May 20, 2026. This reflects strong investor demand for Shariah-compliant government securities. Moreover, Meezan Bank served as Joint Financial Advisor. It …
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KARACHI, May 14, 2026: BankIslami, one of Pakistan’s fastest-growing Islamic financial institutions, signed a Memorandum of Understanding (MoU) with the Export-Import Bank of Pakistan (EXIM Bank). With this step, both institutions launched Pakistan’s first Shariah-compliant trade and export finance partnership of its kind. Moreover, the collaboration aims to strengthen the …
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