islamic News

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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National Savings unveils attractive islamic term account rates of upto 21.8%

The National Savings has recently unveiled its latest Sarwa Islamic Term Account (SITA) rates, presenting attractive investment opportunities through Islamic...

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Key Pakistan Market Stats and Economic Indicators

Market Data and Economic Indicators...

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Key Pakistan Market Stats and Economic Indicators

Market Data and Economic Indicators...

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Key Pakistan Market Stats and Economic Indicators

Market Data and Economic Indicators...

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Key Pakistan Market Stats and Economic Indicators

Market Data and Economic Indicators...

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Islamic Banking industry: A rising force in global finance

Islamic Banking Industry (IBI) has been growing at a rapid pace, not only in Muslim-majority countries but also in other parts of the world with its share...

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National Savings launches first-ever Shariah Compliant products

National Savings is set to launch four Shariah Compliant products for the first time, on July 1, 2023, Finance Minister Senator Mohammad Ishaq Dar said...

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SBP Governor urges collaboration for Islamic finance standardization

Collaboration among regulators, financial institutions, industry players, and Shariah scholars is essential for bringing standardization of Islamic financial..

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Banks to settle international transaction by purchasing dollars from open market: MEBL

Meezan Bank Ltd (MEBL) informed that Banks can settle Debit/Credit card transactions on international merchants/websites by purchasing dollars....

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PSX recomposes KMI-30 index, HUBC deposed

The Pakistan Stock Exchange (PSX) has replaced three companies in the KSE Meezan-30 Index (KMI-30)...

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Shariah-Compliant OMO: SBP injects Rs70bn for 4 days

The State Bank of Pakistan (SBP) conducted Shariah-compliant Mudarabah Open Market Operation (OMO) today, in which it injected Rs70 billion into the market...

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FM meets with management of UAE’s leading commercial banks

FM meets with management of UAE’s leading commercial banks

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KSE-100 Index continues bullish trend with 261 points gain

KSE-100 Index continues bullish trend with 261 points gain

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OPEC+ to meet amid economic downturn fears

OPEC+ to meet amid economic downturn fears

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Hajj may cost Rs700k to Rs1m this year: Minister

Hajj may cost Rs700k to Rs1m this year: Minister

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Weekly News Roundup

Weekly News Roundup

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Weekly News Roundup

Weekly News Roundup

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PSX Closing Bell: Realm of Fear

PSX Closing Bell: Realm of Fear

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PSX Closing Bell: The Hidden Reality

PSX Closing Bell: The Hidden Reality

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MEBL posts a slender increase in profits

MEBL posts a slender increase in profits

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Pakistan, Iraq desire to strengthen bilateral cooperation

Pakistan, Iraq desire to strengthen bilateral cooperation

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Weekly News Roundup

Weekly News Roundup

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PM to add a new chapter in Pak-Uzbek bilateral relation: Adviser

PM to add a new chapter in Pak-Uzbek bilateral relation Adviser

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PM attends Tashkent conference on regional connectivity

PM attends Tashkent conference on regional connectivity

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Strong Pak-Uzbek trade ties to ensure win-win situation: PM

Strong Pak Uzbek trade ties to ensure win win situation PM

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FM reiterates resolve to foment ties with Tajikistan in diverse sectors

FM reiterates resolve to foment ties with Tajikistan in diverse sectors

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Weekly News Roundup

Weekly News Roundup

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Pakistan, Afghanistan sign six Months extension of APTTA

Pakistan, Afghanistan sign six Months extension of APTTA

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ASC rolling up sleeves to Meat investors’ expectations

ASC rolling up sleeves to Meat investors’ expectations

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Meezan Bank and NCCPL Join Hands for New Shariah-Compliant Products for Capital Markets

Meezan Bank and NCCPL Join Hands for New Shariah Compliant Products for Capital Markets

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PSX Holds Gong Ceremony for Onboarding BankIslami as Market Maker

PSX Holds Gong Ceremony for Onboarding BankIslami as Market Maker

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Weekly News Roundup

Weekly News Roundup

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Weekly News Roundup

Weekly News Roundup

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Govt clarifies position on Issuance of Sukuk

Govt clarifies position on Issuance of Sukuk

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Auction Result: SBP Raises Rs.74.85 billion through Sale of GOP Ijara Sukuk

GOP Ijara Sukuk Auction Result

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SBP voted as the best central bank for promoting Islamic finance

State Bank of Pakistan voted as the best central bank for promoting Islamic finance

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Auction Result: SBP Raises Rs.62.83 billion through Sale of GOP Ijara Sukuk

Gop Ijara Sukuk Auction Result

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Sukuk Certificates worth PKR 5 billion of The Hub Power Company listed by PSX

Sukuk Certificates worth PKR 5 billion of The Hub Power Company listed by PSX

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Islamic Naya Pakistan Certificate launched today by SBP

Islamic Naya Pakistan Certificate launched today by SBP

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HUBCO clarifies that no agreement regarding Sukuk issuance has been executed yet

HUBCO clarifies that no agreement regarding Sukuk issuance has been executed yet

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HUBCO to issue Sukuks worth PKR 6 bln to meet its ongoing capital requirements

HUBCO to issue Sukuks worth PKR 6 bln to meet its ongoing capital requirements

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Auction Result: SBP Raises Rs.69.482 billion through Sale of GOP Ijara Sukuk

Gop Ijara Sukuk auction Result

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SBP issues guidelines for DFIs to undertake Shariah compliant business

SBP issues guidelines for DFIs to undertake Shariah compliant business\n

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Auction Result: SBP Sells GOP Ijara Sukuk worth Rs.47.73 Billion

SBP auction Result for GOP Ijara Sukuk

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PSX, MUFAP appreciates Capital Market reforms by government

PSX, MUFAP appreciates Capital Market reforms

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Government to borrow Rs.2.610 Trillion during July - September

State Bank of Pakistan released auction calendar for Government securities for July - September 2020

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Bai Mujjal Auction: Government rejects all bids, announces new auction

Bai Mujjal Auction Government rejects all bids and announces new auction

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Government of Pakistan to purchase GOP Ijara Sukuk on Bai Mujjal Basis

Government of Pakistan to purchase GOP Ijara Sukuk on Bai Mujjal Basis

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Auction Result: SBP Sells GOP Ijara Sukuk worth Rs.47.24 billion for 5 years

GOP Ijara Sukuk Auction Result

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ECC approves disbursement criteria for Rs200 bln Islamic Sukuk

ECC approves disbursement criteria for Islamic Sukuk

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Power Holding Ltd announces Public Offering of Sukuks worth PKR 200 billion

Power Holding Ltd announces Public Offering of Sukuks worth PKR 200 billion

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Nishat Chunian Company to issue Sukuk of up to Rs 2.5 billion

Nishat Chunian Company to issue Sukuk of up to Rs 2.5 billion

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PSX announces the listing of HUBCO’s Sukuk Certificates worth PKR 7,000 million

PSX announces the listing of HUBCOs Sukuk Certificates worth PKR 7000 million

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Islamic Banks continued to augment the overall profitability of banking sector during 1HCY19: SBP

Islamic Banks continue to augment the overall profitability of the banking sector SBP

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Islamic Money Market: NBP Funds lead the way for worry- free investment

Islamic Money Market Review NBP Islamic Funds leads the way for worryfree investment

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SECP allows retirement funds to invest in A- rated sukuk

SECP allows retirement funds to invest in A rated sukuk

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Increased Islamic Banking penetration supports Pakistani banks’ profitability: Moody’s

Increased Islamic Banking penetration supports Pakistani banks profitability Moodys

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Private sector retires Rs.119 billion in last two weeks

Private sector retires Rs.119 billion in last two weeks

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European stock markets rebound at open

European stock markets rebound at open

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Annual Fund Review: Islamic Income Funds take all

Annual Fund Review Islamic Income Funds take all

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Sukuk Market consistently gaining ground in Pakistan’s Islamic finance industry: High Commissioner

Sukuk Market consistently gaining ground in Pakistans Islamic finance industry

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Government to issue Rs 200 billion Pakistan Energy Sukkuk

Government to issue Rs 200 billion Pakistan Energy Sukkuk

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BankIslami to issue Ehad Sukuk Certificates worth Rs2 billion

BankIslami to issue Ehad Sukuk Certificates worth Rs2 billion

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Pakistan intends to working closely with Islamic Development Bank: President

Pakistan intends to working closely with Islamic Development Bank

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No zakat deductions to be made on assets less than Rs44,415: Ministry

No zakat deductions to be made on assets less than Rs44415

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BankIslami to consider divestment of shares in subsidiaries and associated companies

BankIslami to consider divestment of shares in subsidiaries and associated companies

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Alfalah GHP outperforms all Islamic Equity Funds last quarter

Alfalah GHP outperforms all Islamic Equity Funds last quarter

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Masood Textile Mills to raise upto Rs5 billion via Sukuk issue

Masood Textile Mills to raise upto Rs5 billion via Sukuk issue

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Islamic Banks continue to showcase progress as 2QFY19 profits surge by 48%

Islamic Banks continue to showcase progress as 2QFY19 profits surge by 48

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Islamic Equity Funds roll down a slippery slope

Islamic Equity Funds roll down a slippery slope

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GOP Ijara Auction: Government purchases Rs.26.325 Billion on Deferred payment basis

GOP Ijara Auction Outright purchase by Government of Pakistan

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OMO Result: SBP Sells Ijara Sukuk worth Rs.34.40 Billion

State Bank of Pakistan Sold 34.50 Billion Rupess worth of GOP ijara in OMO

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OMO Result: SBP purchases Gop Ijara worth Rs.2.80 Billion

The SBP conducted an Open Market Operation to and purchased Gop Ijara on deferred payment Basis

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OMO Result: SBP Purchases Gop Ijara Sukuk worth Rs.31.60 Billion

SBP Purchases Gop Ijara Sukuk in OMO on Bai Mujjal Basis for 6 months

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Government issues first Pakistan Energy Sukuk to resolve Circular debt

Government issues first Pakistan Energy Sukuk to resolve Circular debt

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Pak-Qatar Family Takaful provides Takaful Advisory Services to Ensur in Belgium

Pak-Qatar Family Takaful provides Takaful Advisory Services to Ensur in Belgium

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SBP launches cheaper liquidity facilities for the development of SME, Agriculture and Renewable energy through Islamic Banking Institutions

SBP launches cheaper liquidity facilities for the development of SME Agriculture and Renewable energy through Islamic Banking Institutions

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President stresses on promoting Islamic Finance in Pakistan

Honorable President stresses on promoting Islamic Finance in Pakistan

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22 banks in Pakistan offering Islamic Banking with 22% annual growth

22 banks in Pakistan offering Islamic Banking with 22 annual growth

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MEBL becomes Pakistan's first Islamic Bank to get 'Banker to the issue' license for IPO

Meezan Bank becomes First Islamic Bank to get BTI License for IPO

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Government to set up Power Park Management: ECC

Government to set up Power Park Management ECC

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SECP signs MOU for development of Islamic finance

SECP signs MOU for development of Islamic finance

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Islamic banking industry witnesses rapid growth

Islamic banking industry witnesses rapid growth

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Breakthrough in Pakistan’s Islamic financing system; SECP enforces Shariah Governance Regulations, 2018

SECP enforces Shariah Governance Regulations

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SECP enforces Shariah Governance Regulations, 2018

SECP enforces Shariah Governance Regulations 2018

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Pakistan Reinsurance Company allowed to conduct window re-takaful operations

Pakistan Reinsurance Company allowed to conduct window re takaful operations

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CEOs of Islamic Banking Institutions call on Finance Minister

CEOs of Islamic Banking Institutions call on Finance Minister

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Islamic banking industry assets increased by 2.8pc

Islamic banking industry assets increased by 2.8pc

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Islamic Banking overall assets during January – March grow by 2.8 percent

Islamic Banking overall assets during January – March grow by 2.8 percent

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State Bank sets Nisab of Zakat at Rs. 39,198

State Bank sets Nisab of Zakat at Rs. 39,198

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Name Price/Vol %Chg/NChg
KSE100 125,627.31
258.99M
1.00%
1248.25
ALLSHR 78,584.71
1,142.41M
1.16%
904.89
KSE30 38,153.79
69.25M
0.63%
238.06
KMI30 184,886.50
91.38M
0.01%
13.72
KMIALLSHR 53,763.81
554.57M
0.54%
290.61
BKTi 31,921.68
33.15M
1.78%
557.94
OGTi 27,773.98
9.65M
-0.40%
-112.21
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 108,100.00 109,565.00
107,195.00
615.00
0.57%
BRENT CRUDE 66.58 67.20
65.92
-0.22
-0.33%
RICHARDS BAY COAL MONTHLY 97.00 97.00
97.00
1.05
1.09%
ROTTERDAM COAL MONTHLY 107.65 107.65
105.85
1.25
1.17%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 64.95 65.82
64.50
-0.57
-0.87%
SUGAR #11 WORLD 16.19 16.74
16.14
-0.52
-3.11%


Latest News
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