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FABL has completed its conversion in Islamic Banking

09:49
December 30, 2022
MG

December 30, 2022 (MLN): Faysal Bank Limited (FABL) has completed its conversion from Conventional Bank to a full fledged Islamic Bank, a notice issued by company to PSX on Friday showed.

Accordingly, the State Bank of Pakistan (SBP) has been pleased to grant the Islamic Banking License to FABL on December 30, 2022. The Islamic Banking License granted to FABL will be effective from January 1, 2023, the company added.

Furthermore, FABL has surrendered its conventional banking license to the SBP.

The company stated, “ALLHAMDOLILLAH, from January 1, 2023, Faysal Bank Ltd., will conduct its business and operations as an Islamic Bank under the duly issued Islamic Banking License.”

At the time of writing, the scrip of the company is being traded at Rs25.49, which is up by Rs0.89 or 3.62% DoD.

Copyright Mettis Link News

Posted on: 2022-12-30T14:49:34+05:00

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.60000	278.80000	278.80000	278.60000	01:02 PM
2	EUR	1.07157	1.07160	1.07160	1.07157	07:59 AM
3	GBP	1.25123	1.25127	1.25127	1.25123	07:59 AM
4	CHF	0.91208	0.91214	0.91214	0.91208	07:59 AM
5	JPY	156.80200	156.81200	156.81200	156.80200	07:59 AM
6	CAD	1.36554	1.36561	1.36561	1.36554	07:59 AM
7	AUD	0.65356	0.65360	0.65360	0.65356	07:59 AM
8	INR	83.36740	83.36790	83.36790	83.36740	07:59 AM
9	SAR	3.75050	3.75080	3.75080	3.75050	04:59 PM
10	AED	3.67280	3.67310	3.67310	3.67280	04:59 PM
11	HKD	7.82848	7.82880	7.82880	7.82848	07:59 AM
12	CNH	7.26310	7.26323	7.26323	7.26310	07:59 AM
13	CNY	7.23930	7.24050	7.24050	7.23930	11:15 PM
14	THB	36.94100	36.96700	36.96700	36.94100	07:59 AM
15	MYR	4.76500	4.77000	4.77000	4.76500	04:58 AM
16	IDR	16,220.60000	16,232.40000	16,232.40000	16,220.60000	07:59 AM
17	SGD	1.36125	1.36140	1.36140	1.36125	07:59 AM
18	NZD	0.59498	0.59502	0.59502	0.59498	07:59 AM
19	MXN	17.25970	17.26470	17.26465	17.25965	07:59 AM
20	TRY	32.50750	32.51070	32.51067	32.50748	07:59 AM
21	SEK	10.91810	10.91990	10.91985	10.91807	07:59 AM
22	ZAR	18.85620	18.86520	18.86190	18.85780	07:59 AM
23	NOK	11.00390	11.00650	11.00647	11.00385	07:59 AM
24	DKK	6.95887	6.95941	6.95941	6.95887	07:59 AM
25	ARS	873.74200	873.75200	873.75200	873.74200	07:59 AM
26	BDT	108.01100	111.36500	111.36523	108.01142	07:19 AM
27	BHD	0.37703	0.37708	0.37708	0.37703	04:59 PM
28	BRL	5.15390	5.15690	5.15690	5.15390	07:56 AM
29	KRW	1,375.73000	1,377.73000	1,377.73000	1,375.73000	07:58 AM
30	KWD	0.30777	0.30797	0.30797	0.30777	04:59 PM
31	LKR	292.57900	299.10100	299.10051	292.57908	07:19 AM
32	OMR	0.38498	0.38503	0.38503	0.38498	04:59 PM
33	QAR	3.64600	3.64800	3.64800	3.64600	04:58 PM
34	RUB	92.27000	92.29000	92.29000	92.27000	08:00 PM
35	AFN	71.15810	73.02130	73.02133	71.15807	07:19 AM
36	AZN	1.70000	1.70000	1.70000	1.70000	06:54 AM
37	TMT	3.35000	3.65000	3.65000	3.35000	08:00 PM
38	MVR	15.26000	15.66000	15.66000	15.26000	08:00 PM
39	UZS	12,600.10000	12,665.30000	12,665.30340	12,600.09037	07:19 AM
40	PHP	57.67600	57.72800	57.72800	57.67600	07:59 AM
42	NGN	1,305.72000	1,306.72000	1,306.72000	1,305.72000	07:26 AM
43	KES	134.00000	136.00000	136.00000	134.00000	06:47 AM
44	AMD	360.45200	416.35000	416.35030	360.45185	07:19 AM
45	TWD	32.58750	32.61750	32.61750	32.58750	07:59 AM
46	XAU	2,344.62000	2,344.99000	2,344.99000	2,344.62000	07:58 AM
47	XAG	27.56720	27.57560	27.57560	27.56720	07:58 AM
48	XPT	915.90000	917.40000	917.40000	915.90000	04:59 PM
49	XPD	966.75000	971.75000	971.75000	966.75000	04:59 PM
2,120	VES	36.33200	36.42320	36.42315	36.33204	08:00 PM
2,212	UGX	3,770.25000	3,854.09000	3,854.09049	3,770.24515	07:19 AM
2,213	TZS	2,589.99000	2,590.01000	2,590.01500	2,589.98500	06:47 AM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	72,862.41	72,742.748	71,764.18	771.347	1.072	302,319,583.0	14,306,624,540.960	26/04/2024 05:12 PM
ALLSHR	47,721.89	47,489.465	47,040.09	314.510	0.667	540,723,045.0	22,561,424,095.000	26/04/2024 05:12 PM
KSE30	24,069.72	24,033.869	23,676.59	284.824	1.199	79,759,783.0	9,454,093,371.540	26/04/2024 05:12 PM
KMI30	122,624.63	122,414.850	120,539.93	1,511.894	1.251	130,442,731.0	8,715,267,112.460	26/04/2024 05:12 PM
KMIALLSHR	34,120.82	34,003.274	33,623.23	303.834	0.902	335,982,218.0	17,260,849,091.130	26/04/2024 05:12 PM
BKTi	18,098.00	18,061.700	17,783.46	189.341	1.059	12,829,416.0	1,502,941,695.300	26/04/2024 05:10 PM
OGTi	17,165.47	17,018.023	16,915.39	-13.038	-0.077	13,153,963.0	1,842,786,660.500	26/04/2024 05:10 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	64,805.0	65,390.0	64,510.0	-465.00
BRENT CRUDE	EB	89.6	89.7	89.0	0.55
RICHARDS BAY COAL MONTHLY	EF	105.5	0.0	0.0	-0.70
ROTTERDAM COAL MONTHLY	ET	118.5	0.0	0.0	-0.05
USD RBD PALM OLEIN	POL	832.5	832.5	832.5	0.00
CRUDE OIL – WTI	QCL	84.1	84.2	83.6	0.55
SUGAR #11 WORLD	SB	19.6	19.6	19.0	0.41

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