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.
ISLAMABAD – The Organic Meat Company Limited (TOMCL) has made history by becoming the first Pakistani meat producer to secure...
The Federal Board of Revenue (FBR) has announced an increase in tax rates on cash withdrawals by non-filers and made...
KARACHI (August 7, 2025): In a strategic shift to diversify its energy sources, Pakistan Refinery Limited (PRL) will import its...
Islamabad, August 7, 2025 – In a major step toward strengthening Pakistan’s maritime and industrial infrastructure, the Ministry of Maritime...
The Pakistan Stock Exchange (PSX) witnessed another record-breaking day on Wednesday as the benchmark KSE-100 Index surged past the 145,000...
The Pakistan Stock Exchange (PSX) continued its strong upward trajectory on Monday, as the KSE-100 Index surged past the 142,000-point...
