islamic News

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PSX Closing Bell: Because Green Days are Rare

The benchmark KSE-100 Index concluded Wednesday's trading session at 114,153.15

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SBP develops guidelines for conversion of conventional banks into Islamic

In pursuance of SBP Vison 2028 and to facilitate banks in their conversion from conventional to Islamic, SBP has developed broad guiding parameters...

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Govt to back semiconductors, AI & quantum technology sectors: Ahsan Iqbal

Minister for Planning and Development Ahsan Iqbal has said that government is committed to extend full support to the emerging technologies...

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Tajikistan, Pakistan emphasize early execution of CASA-1000 project

Tajikistan and Pakistan on Tuesday underlined the early implementation of the CASA-1000 project and other connectivity and regional integration projects.....

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Pakistan ready to champion Islamic finance growth: SECP Head

Pakistan now stands ready to play its pivotal role in fostering an enabling environment for Islamic finance, one that encourages innovation, promotes...

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Global Islamic funds expected to rebound, malaysia leads in concentration

The assets under management (AUM) of public Islamic funds globally are expected to bounce back to the 2021 peak of about $140 billion in the next two...

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Islamic banks struggle with limited liquidity management options

Islamic banks in many countries continue to face a limited range of Islamic liquidity management instruments (ILMI) compared with conventional banks....

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Malaysian Islamic banks set to sustain Islamic financing growth

Fitch Ratings expects the growth of Malaysian Islamic banks to continue to outpace that of conventional banks in the medium term, after financing reached....

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Islamic Banking adopts several AAOIFI shariah standards

To further strengthen the Shariah compliance framework and harmonize Shariah practices in the Islamic banking industry, several Accounting and Auditing...

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PSX to auction Rs400bn Islamic Bonds in 1Q2024

Pakistan Stock Exchange Limited will carry out auctions for the sale of Islamic Bonds worth Rs400 billion in the first quarter of 2024...

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Name Price/Vol %Chg/NChg
KSE100 169,643.23
0.73M 		-0.40%
-687.33
ALLSHR 102,433.18
8.07M 		-0.33%
-342.82
KSE30 50,479.39
0.27M 		-0.51%
-257.77
KMI30 241,889.40
0.26M 		-0.54%
-1313.44
KMIALLSHR 66,358.87
1.85M 		-0.38%
-255.33
BKTi 46,096.01
0.05M 		-0.47%
-217.17
OGTi 34,840.04
0.02M 		-0.65%
-226.76
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 61,620.00 62,095.00
61,275.00 		-550.00
-0.88%
BRENT CRUDE 92.11 93.26
91.66 		0.66
0.72%
RICHARDS BAY COAL MONTHLY 123.75 124.00
123.75 		-1.25
-1.00%
ROTTERDAM COAL MONTHLY 133.20 133.40
133.00 		-3.55
-2.60%
USD RBD PALM OLEIN 1,157.50 1,157.50
1,157.50 		0.00
0.00%
CRUDE OIL - WTI 88.80 90.00
88.28 		0.60
0.68%
SUGAR #11 WORLD 14.14 14.23
13.97 		0.02
0.14%
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