Karachi, December 13, 2024 – Federal Minister for Finance and Revenue, Muhammad Aurangzeb, emphasized the pivotal role of Islamic finance and capital markets in steering Pakistan towards macroeconomic stability and sustainable growth. Speaking virtually at the inaugural session of the Second International Islamic Capital Markets Conference & Expo in Karachi, Aurangzeb highlighted Pakistan’s recent economic […]
SECP Unveils Strategic Action Plan to Boost Islamic Finance by 2026
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has approved its Strategic Action Plan 2024-2026, aimed at advancing Islamic finance across all non-bank financial sectors under its regulatory ambit. The plan, developed in collaboration with key stakeholders, seeks to enable Islamic finance across regulated sectors by December 2026 and pave the way for a […]
Economic Growth: SBP Official Outlines Islamic Finance as a Framework for Progress
KARACHI: Samar Hasnain, Executive Director of the State Bank of Pakistan (SBP), underscored the transformative potential of Islamic economics and finance as a comprehensive framework for ethical, sustainable, and socially responsible economic development. He was speaking at the 13th Islamic Banking & Finance Conference, organized by The Professionals Network, with the theme “From Practice to […]
Deputy Governor at SBP Urges Holistic Approach to Islamic Finance at ICIBF 2024
Karachi, Pakistan – Saleem Ullah, Deputy Governor of the State Bank of Pakistan (SBP), emphasized the need for Pakistan to fully adopt a comprehensive Islamic financial system beyond conventional banking alternatives. Speaking at the 8th International Conference on Islamic Banking and Finance (ICIBF 2024) hosted by the Institute of Business Management (IoBM) on Tuesday, he […]