Abu Dhabi, UAE –9th of September, 2026: Mal, the world’s first AI-native Islamic financial platform, today opened its global waitlist, just three months after receiving its In-Principle Approval (IPA) from the Central Bank of the UAE. Customers joining the waitlist will receive priority access to Mal’s first product releases and exclusive rewards. Once their account […]
KARACHI, Pakistan: ARD Capital Management has announced a strategic partnership with Chase Securities Pakistan Private Limited to strengthen digital trading and investment services for investors across Pakistan. The partnership brings together ARD Capital Management’s next-generation trading technology and Chase Securities Pakistan’s established brokerage expertise and market infrastructure, with a shared objective of making investing and […]
Islamabad, Pakistan – Export-Import Bank of Pakistan (Pak EXIM) onboarded AutoSoft Dynamics for the implementation of a modern next-gen Core Banking System, designed to support Pak EXIM evolving operational, regulatory, and business requirements. The engagement marks the beginning of a landmark digital transformation journey to strengthen Pakistan’s export-finance ecosystem through modern, Shariah-compliant banking technology. The […]
aik by BankIslami launched aik Connect, the country’s first Shariah-compliant Open Banking and Banking-as-a-Service gateway. The platform does away with the old way of onboarding partners, which typically meant weeks of back-and-forth between legal, business and technical teams. Now it happens through one self-serve digital flow. Here’s how it works in practice: a fintech, merchant or […]
Systems Limited’s revenue rose 35% year over year to Rs. 49.72 billion, with Technology and Asia Pacific emerging as the company’s fastest-growing segments and regions. Systems Limited (PSX: SYS) reported a 17 percent year-over-year increase in profit after tax to Rs. 6.05 billion for the first half of calendar year 2026 (1H CY26), supported by […]
Karachi: National Bank of Pakistan (PSX: NBP) reported a profit of Rs. 32 billion for the first half of calendar year 2026, marking a 24 percent decline from the Rs. 42 billion recorded during the same period last year. According to a results review by Arif Habib Limited, the bank posted earnings per share (EPS) […]
Abhi, the region’s neobank of the future, has announced a partnership with NOX Group, a Saudi-based business group, to provide employees with greater financial flexibility through Abhi’s Earned Wage Access (EWA) solution. Through the partnership, NOX Group employees will be able to access a portion of their earned salary in real time before their regular […]
Islamabad, 24 August 2026 – The Board of Directors of easypaisa digital bank has approved the financial statements for the half-year ended 30 June 2026. The Bank reported a robust financial performance, posting a Profit Before Tax (PBT) of PKR 8.26 billion and a Profit After Tax (PAT) of PKR 5.78 billion, representing a 2.27x […]
KARACHI: BankIslami, one of Pakistan’s fastest-growing Islamic banks, reported a profit before tax (PBT) of PKR 4.31 billion for the first half of 2026. The Bank’s deposit base crossed PKR 700 billion for the first time, reflecting 11.1 percent year-on-year growth and continued customer trust in its banking services. In the first half of 2026, […]
The International Finance Corporation (IFC) and Bank Alfalah on Thursday signed a $100 million financing agreement under the Diversified Payment Rights (DPR) Programme, marking the first such transaction in Pakistan. The agreement was signed at the Ministry of Finance by Momina Aijazuddin, IFC’s Regional Industry Director, Financial Institutions Group for Middle East & Central Asia, […]