Islamic Finance

Bank Alfalah win to two GIFA awards in Islamic Sector

Bank Alfalah win to two GIFA awards in Islamic Sector

Bank Alfalah has earned international acclaim by winning two awards at the 2024 Global Islamic Finance Awards (GIFA), highlighting its position as a leader in the Islamic banking sector.

SECP issues Islamic finance bulletin for 2022-23

SECP issues Islamic finance bulletin for 2022-23

The Securities and Exchange Commission of Pakistan has issued its first ‘Islamic Finance Bulletin’ for the financial year 2022-23, aimed at providing up-to-date data, insights into new developments, and a deeper understanding of regulatory reforms in the Islamic financial services industry.

CDNS secure Rs.50 Billion investment in Islamic finance bonds

CDNS secure Rs.50 Billion investment in Islamic finance bonds

The Central Directorate of National Savings has secured Rs 50 billion in Islamic finance bonds at the end of the second quarter of the current fiscal year 2023–24.

In Second quarter of 2023-24 the National Savings issue Rs.40 Billion Islamic Bonds

In Second quarter of 2023-24 the National Savings issue Rs.40 Billion Islamic Bonds

The Central Directorate of National Savings has secured Rs.40 billion in Islamic finance bonds in the second quarter of the Current Fiscal Year 2023-24.

National Savings attains Rs 400 billion targets in fresh bond

National Savings attains Rs 400 billion targets in fresh bond

The Central Directorate of National Savings has accomplished a target of Rs 400 billion in fresh bonds in the current fiscal year, from July 1 to 30th September. The CDNS surpassed the annual target and achieved the target of Rs 1.6 trillion in fresh bonds in the current fiscal year, the senior official of CDNS…