The Islamic banking industry (IBI) has achieved the highest year-on-year growth in assets and deposits since 2015 increasing the market share in the overall banking industry to 17pc and 18.7pc, respectively.
The State Bank of Pakistan (SBP) in its latest bulletin for April-June quarter reported that assets and deposits of IBI grew 32 per cent and 29.7pc, respectively.
The assets expanded by Rs408 billion to Rs4,797bn and deposits grew by Rs365bn to Rs3,822bn by June 30, 2021.
Former president of the SAARC Chamber of Commerce and Industry, Iftikhar Ali Malik, stated on Tuesday that Pakistan could comfortably...
The International Monetary Fund (IMF) has maintained its projection for Pakistan’s GDP growth rate at 3.5 percent for the fiscal...
Shabana Mahmood, a Member of Parliament, has carved her name in British political history as she was sworn in as...
The federal government’s decision to ban the PTI has drawn widespread criticism from various political parties and stakeholders, who have...
The federal government on Monday increased the price of petrol by Rs9.99 per litre and high-speed diesel (HSD) by Rs6.18...
Pakistani and Chinese business firms have signed an agreement to promote cooperation in the leather industry. The Special Investment Facilitation...
