Meezan Bank, SNGPL join hands for digitalization of consumer bill collection in Punjab, KPK, AJK
Meezan Bank, Pakistan’s leading Islamic bank has recently signed an agreement with Sui Northern Gas Pipelines Limited (SNGPL), the largest integrated gas company in North Central Pakistan, to enable digitalization of consumer bill collection via the Bank’s state-of-the-art Transaction Banking Solution (eBiz+). The agreement was signed by Irfan Siddiqui – Founding President & CEO, Meezan…
Adil Aziz
SECP issues guidelines to facilitate conduct of general meetings
The Securities and Exchange Commission of Pakistan has issued two set of guidelines to facilitate and standardize the role of officers of listed companies and use of technology during general meetings. These guidelines will address impediments faced by listed companies, their shareholders and stakeholders. Guidelines issued on the role of officers of listed companies regarding…
Sahulat Account simplifies access of investors to stock market
All licensed Securities Brokers are offering the Sahulat Account facility and account could be opened online as well Expanding its outreach, the Pakistan Stock Exchange (PSX) has facilitated the Investors to invest on exchange through the highly simplified Sahulat Account, which provides exceptional ease of account opening for investors. The investors can open a Sahulat…
Meta helps celebrate the spirit of Ramadan through #MonthofGood campaign
This Ramadan, Meta is bringing back its #MonthofGood campaign with new immersive experiences and features across its technologies to help Muslim communities in Pakistan and around the world fully honour the spirit of the Holy month. Throughout #MonthofGood, Meta will be sharing the stories of Muslim communities making positive impact, providing Muslim creators with an…
USA, China, UK remain top 3 destinations of Pakistani exports during 8 months
Pakistan exported product worth $7.724 billion to these countries during the first eight months of the current fiscal year, State Bank of Pakistan (SBP) reported The United States remained the top export destinations of Pakistani products during the first eight months of financial year (2021-22), followed by China and United Kingdom (UK). Total exports to…
Pakistan to import 32.7 MBL oil under SFD programme
Pakistan will import around 32.7 Million Barrels (MBL) of crude oil, during the year 2022, under an agreement signed with the Saudi Fund for Development (SFD) to meet its needs of petroleum products on deferred payment. “The Pak-Arab Refinery Company Limited (PARCO) and National Refinery Limited (NRL) are planning to import 16.89 and 15.81 million…
Supernet receives Shariah Screening Certificate from Meezan Bank
Supernet Limited (‘SNL’), a subsidiary of Telecard Limited has been awarded Shariah Screening Certificate by Meezan Bank Limited, based on the review of consolidated financial statements of SNL, certifying its compliance with KSE Meezan Islamic Index Criteria set out by Pakistan Stock Exchange, this was announced in a notice by Telecard sent to Pakistan Stock…
CDNS to provide Islamic investment opportunities, through Islamic finance
The Central Directorate of National Savings (CDNS) has decided to start Islamic finance and will start implementing its procedural work from next month to provide the facility of Islamic finance in the institution. In this regard, under Islamic Sharia Compliance, Prize Bonds and Savings Certificates will be issued for investment in accordance with Sharia Principles,…
RDA Inflows surge to $3.92 bn in March
Inflow of remittances under Roshan Digital Account (RDA) rose to US $3.92 billion by the end of March 2022 as compared to US $3.632 billion till end of February last year, according to a latest data released by the State Bank of Pakistan. The data showed that the inflows of remittances during the month of…
Arooj Aftab becomes first-ever Pakistani female singer to win Grammy award
Pakistani singer Arooj Aftab has created history, winning a Grammy, a major annual American entertainment award, to become the first-ever Pakistani woman to receive the prestigious trophy at a glittering ceremony in Las Vagas where the industry’s top musical stars and icons were present. Arooj, 37, won the award for singing Hafeez Hoshiarpuri’s Ghazal ,…