SBP issues guidelines for Development Finance Institutions to undertake Shariah compliant business

Karachi, October 02, 2020: To enlarge the scope of Shariah compliant financial services in the country, State Bank of Pakistan (SBP) has taken another important step by issuing guidelines for Development Finance Institutions (DFIs) to undertake Shariah compliant businesses and operations. Further, keeping in view the various developments, such as changes in the licensing and…

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Meezan Bank wins ‘Shariah Authenticity Award 2020’ at Global Islamic Finance Awards

Karachi, September 16, 2020: Meezan Bank, Pakistan’s first and largest Islamic bank has been conferred with ‘Shariah Authenticity Award’ among multiple accolades at the 10th Global Islamic Finance Awards (GIFA) held in Islamabad, Pakistan. The Bank has also been recognized as ‘Shariah Auditor of the Year’ and ‘Sukuk House of the Year Award’. All the…

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