Tag: BFSI

Asaan Ghar Finance and BankIslami Partner to Expand Shariah-Compliant Housing Finance Across Pakistan

BFSI NextWallet Desk -
Asaan Ghar Finance and BankIslami sign an MoU to support Ghar Ho To Apna and expand Shariah-compliant housing finance.

Faysal Bank Consumer Finance Reaches PKR 100 Billion ENR Milestone Amid Expanding Financing Portfolio

BFSI NextWallet Desk -
Faysal Bank Consumer Finance reaches PKR 100 billion in ENR, marking a major milestone for its consumer financing business.

Meezan Bank CEO Syed Amir Ali Elected OICCI Vice President for 2026-28 Term

BFSI webdesk -
Meezan Bank President and CEO Dr. Syed Amir Ali has been elected Vice President of OICCI for the 2026-28 term.

ABHI Microfinance Bank Receives SBP Approval to Establish Islamic Banking Division

BFSI webdesk -
ABHI Microfinance Bank receives in-principal SBP approval to establish an Islamic Banking Division offering Shariah-compliant services.

AlfaNow Partners With HBL to Expand International Money Transfer Services for Customers

BFSI NextWallet Desk -
AlfaNow has partnered with HBL to support international money transfers and expand access to remittance services.

Askari Bank to Host Islamic Banking Webinar With SBP on Digital Financial Inclusion

BFSI NextWallet Desk -
Askari Bank and SBP will host a webinar on Islamic banking, digital innovation, financial inclusion, and financial literacy.

Faysal Funds Takes Financial Literacy To University Students Through Shariah Compliant Investment Education

Wired NextWallet Desk -
Faysal Funds conducted a financial literacy session at SZABIST Karachi, introducing students to investing and Shariah-compliant mutual funds

Imran Sarwar Appointed NBP President And CEO For Three Year Term By Federal Government

BFSI NextWallet Desk -
The Federal Government has appointed Imran Sarwar as President and CEO of National Bank of Pakistan for a three-year term.

FAST School Of Management Launches Trading League With JS Global Capital To Develop Financial Skills

BFSI NextWallet Desk -
FAST School of Management is launching the FSM Trading League with JS Global Capital, giving students an opportunity to develop trading and financial market skills.

SBP Governor Launches HBL PayPak UnionPay Co-Badged Debit Card to Accelerate Cashless Pakistan Initiative

BFSI webdesk -
State Bank of Pakistan Governor Jameel Ahmad launches the HBL, UnionPay, and PayPak co-badged debit card, driving local digital infrastructure and global connectivity.

Pakistan Crypto Regulator Seeks Shariah Distinction Between Speculative Tokens and Real-World Assets

Crypto webdesk -
PVARA Chairman Bilal bin Saqib engages Jamia Darul Uloom to distinguish between speculative cryptocurrencies and asset-backed digital tokens following a recent fatwa.

Financial Consortium Secures Milestone PKR 4.76 Billion Financing Facility for Tech Manufacturing Expansion

FinTech webdesk -
The Bank of Punjab and InfraZamin Pakistan lead a banking consortium to close a major 10-year Islamic syndicated facility for Air Link and Select Technologies.