BIPL exchange subsidiary gets SBP clearance to begin business

MG News | April 09, 2026 at 10:08 AM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

April 9, 2026 (MLN): BankIslami Pakistan Limited's (PSX:BIPL) wholly owned subsidiary, BIPL Exchange Company (Private) Limited, has received formal authorization from the State Bank of Pakistan for Commencement of Business.

The development marks a significant milestone for the bank, the company's filing on PSX revealed today.

The State Bank of Pakistan's green light clears the way for BIPL Exchange Company to formally begin operations, strengthening BankIslami's diversified financial services portfolio under the Islamic banking framework.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	170,511.86 278.75M	0.98% 1646.82
ALLSHR	103,203.80 682.99M	0.89% 908.76
KSE30	50,839.23 100.13M	1.18% 592.12
KMI30	243,245.60 147.66M	1.61% 3852.07
KMIALLSHR	66,892.15 407.33M	1.15% 757.54
BKTi	47,509.55 28.38M	0.77% 361.93
OGTi	34,789.19 8.38M	1.60% 547.02

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	77,390.00	77,640.00 77,235.00	-40.00 -0.05%
BRENT CRUDE	104.32	109.97 103.50	-3.31 -3.08%
RICHARDS BAY COAL MONTHLY	130.00	0.00 0.00	1.70 1.33%
ROTTERDAM COAL MONTHLY	140.00	0.00 0.00	-0.75 -0.53%
USD RBD PALM OLEIN	1,228.00	1,228.00 1,228.00	0.00 0.00%
CRUDE OIL - WTI	99.99	104.46 98.48	-2.49 -2.43%
SUGAR #11 WORLD	18.15	18.84 17.93	-0.58 -3.10%