SBP Introduces Revised Regulatory Framework for Exchange Companies

SBP Revises Guidelines for Appointment of Shariah Scholars in Islamic Banking

The State Bank of Pakistan (SBP) has updated the terms and conditions for appointing Shariah scholars in Islamic banks and Islamic banking divisions. This revision aligns with the expanding Islamic banking sector and aims to facilitate the transformation of the conventional banking system into an Islamic banking model by 2028. Key Highlights of the Revised […]