Karachi: Standard Chartered has announced in its latest report that global Islamic finance assets are anticipated to exceed $7.5 trillion by 2028. This projection marks a significant growth of 36% over the next four years, as the sector undergoes expa…
Karachi: The Pakistan Credit Rating Agency (PACRA) has announced the maintenance of the broker fiduciary rating (BFR) for Ismail Iqbal Securities (Pvt.) Limited (IISPL) at BFR 3+ with a stable outlook. This decision reflects the company’s strong posit…
Karachi: Bank Al Habib Limited has announced a new promotional offer, “Midweek Makeovers,” available exclusively to its customers using AL Habib VISA debit cards. This offer provides cardholders with the opportunity to enjoy discounts on transactions,…
KARACHI: The State Bank of Pakistan has issued the latest exchange rates for various currencies against the Pakistani Rupee. This announcement includes buying and selling rates for major currencies, providing essential data for businesses and individu…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the Insurer Financial Strength (IFS) rating of Alfalah Insurance Company Limited. This rating reflects the company’s strong affiliation with the Abu Dhabi Group and Bank Alfalah…
Karachi: The Karachi Interbank Offered Rate (KIBOR) remained steady as of May 19, 2025, according to data released by the State Bank of Pakistan. The figures showed that the interest rates for various tenors have not shifted since the last report.
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