Karachi: The Pakistan Credit Rating Agency (PACRA) has announced the maintenance of the broker fiduciary rating (BFR) for Ismail Iqbal Securities (Pvt.) Limited (IISPL) at BFR 3+ with a stable outlook. This decision reflects the company's strong posit...
Read More »Midweek Makeovers Offer Limited-Time Discounts for Cardholders
Karachi: Bank Al Habib Limited has announced a new promotional offer, "Midweek Makeovers," available exclusively to its customers using AL Habib VISA debit cards. This offer provides cardholders with the opportunity to enjoy discounts on transactions,...
Read More »TCL Launches Interest-Free Installment Plans in Partnership with AlfaMall
Karachi: TCL has announced a new partnership with AlfaMall to offer 0% markup installment plans for its range of televisions and air conditioners. This initiative allows customers to purchase Smart TVs, 4K UHD TVs, QLED TVs, Mini LED displays, and ene...
Read More »Former AJK President Visits LoC, Meets Local Leaders
Line of Control: Former President of Azad Jammu and Kashmir Sardar Masood Khan visited the Line of Control and interacted with the notables, religious scholars, government officials, and local body representatives. According to Radio Pakistan, durin...
Read More »Global Islamic Finance Assets Projected to Surpass $7.5 Trillion by 2028
Karachi: Standard Chartered has announced in its latest report that global Islamic finance assets are anticipated to exceed $7.5 trillion by 2028. This projection marks a significant growth of 36% over the next four years, as the sector undergoes expa...
Read More »State Bank of Pakistan Sets New Floor for Institutional Investments
Karachi: The State Bank of Pakistan announced a new floor limit for institutional investments, setting the amount at 60,000 for one institution, effective from May 20, 2025. This adjustment aims to regulate the flow of investments within the banking s...
Read More »PVMA Appeals for Tax Reform to Aid Edible Oil Sector
Karachi: Sheikh Umar Rehan, the Chairman of the Pakistan Vanaspati Manufacturers Association (PVMA), has called on the federal government to abolish Section 8B of the Sales Tax Act for the ghee and cooking oil industry in the upcoming budget. He addre...
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