Tag: Islamic finance

Bank Alfalah Partners with Oilco Petroleum to Drive Supply Chain Digital Payments

Bank Alfalah partners with Oilco Petroleum to onboard its retail network onto ALFA B2B and Raast QR platforms for automated collections.

Pakistan and Saudi Arabia Form Alliance to Launch High Tech Crypto and Blockchain Zone on Karachi Waterfront Land

A new memorandum of understanding targets the development of a mega finance and technology hub featuring a digital banking park on Karachi Port Trust land.

Burj Clean Energy Modaraba and SorenTech Partner to Launch Digital Green Financing Platform

Burj Clean Energy Modaraba partners with Dubai fintech SorenTech to deploy an AI driven digital platform for Shariah compliant renewable energy retail financing.

Skillsrator Launches SMEDA Financial Literacy Program to Empower Karachi Entrepreneurs

Skillsrator partners with SMEDA to offer specialized financial literacy training for MSMEs and freelancers in Karachi focusing on financial projections and Islamic financing.

SECP and Islamic Development Bank Launch New Framework for Shariah Compliant Agri Financing

The Securities and Exchange Commission of Pakistan releases a landmark report on Shariah compliant agricultural financing to support farmers through fintech and non bank lenders.

SECP Launches Reports on Shariah Compliant Digital Financing to Boost Fintech Innovation

The Securities and Exchange Commission of Pakistan releases a new report on Shariah compliant digital financing developed with IsDBI to modernize the non bank sector.

SECP Grants Approval to Five Securities Brokers for Dedicated Islamic Brokerage Windows

The Securities and Exchange Commission of Pakistan approves five brokers to launch Shariah compliant Islamic windows for halal stock market investments.

Al Baraka Bank Digital Hub Welcomes Shariah Board to Evaluate Fintech Transformation and Islamic Compliance

Al Baraka Bank strengthens its digital roadmap as the Shariah Board visits the Digital Hub to review innovation strategies and ensure alignment with ethical banking values.

Raqami Islamic Digital Bank adopts 1LINK Reconciliation as a Service to enhance operational efficiency

Raqami Islamic Digital Bank partners with 1LINK and Timestream Management to implement RECaaS, streamlining financial reconciliation and digital banking operations.

Infralectric and InfraZamin Launch Landmark Green Sukuk to Transform Telecom Infrastructure with Renewable Energy

Infralectric and InfraZamin successfully deliver a syndicated Green Sukuk transaction to mobilize private investment for sustainable energy solutions in Pakistan.

The Hidden Fault Lines of Buy Now, Pay Later in Emerging Economies: South Asia and the Pakistan Stack

An in-depth analysis of Buy Now Pay Later expansion in emerging markets with a focus on South Asia and Pakistan, examining the BNPL ecosystem, digital lending layers, financial risks, regulatory challenges, and the evolving credit stack across consumers, merchants, and fintech platforms.

SECP Introduces New Guidelines for Shariah Compliant Digital Financing Products

SECP issues a new framework for Shariah-compliant digital financing, enabling halal microloans and installment products to boost financial inclusion in Pakistan.