19 Islamic banks, 1200 branches in 80 districts: Dar inaugurates 3rd phase of financial innovation fund
ISLAMABAD: Federal Finance Minister Ishaq Dar has inaugurated the third round of Financial Innovation Challenge Fund for the promotion of ...
Tag: Islamic banks
Assets up by 1.3% to Rs1102b, Deposits reach Rs934b: Islamic banks earn Rs9.4b profit in July-Sept
KARACHI: The country’s Islamic banking sector earned Rs9.4 billion profit during July-September 2014 as compared to Rs5.6 billion it earned ...
Sukkuk fetched $2.3b: Budget deficit to be slashed to 4pc, reserves to rise to $15b: Dar
ISLAMABAD: The government is committed to bring down budget deficit to 4 percent of GDP through strict monetary discipline and ...
Standard Chartered lauds sale of $1b Sukuk bonds at 7.75% interest rate
KARACHI: Standard Chartered Pakistan Chief Executive Officer Shazad Dada has dubbed the issuance of Sukuk bonds an achievement for the ...
Agri credit disbursement up by 38pc to Rs98b in July-Sept 14
KARACHI: Agriculture credit disbursement has increased by 38 per cent to Rs98 billion during the first quarter of current financial ...
Al Baraka earns Rs2b via sukuk
ABU DHABI: Al Baraka bank has collected capital of Rs2 billion ($19.5 million) by issuing of subordinated sukuk (Islamic bonds). ...
Popular Stories
-
ATIR overturns actions taken by revenue athorities
-
FBR introduces SMS service 9966 to facilitate taxpayers
-
South African model nabbed for smuggling cocaine at Manila airport
-
Rs25,000/hour fare: Pakistan’s first helicopter tour service launched in Karachi
-
Taxpayer complaint: FTO directs FBR to overhaul tax recovery procedures