Daily Archives: October 4, 2020

SBP issues rules for DFIs to undertake Shariah-compliant business

In order to enlarge the scope of Shariah-compliant financial services in the country, the State Bank of Pakistan (SBP) has issued guidelines for Development Finance Institutions (DFIs) to undertake Shariah-compliant businesses and operations. Meanwhile, keeping in view changes in the licencing and regulatory regime for banks, SBP has also updated the guidelines for establishment of

Govt puts country’s economy on track of rapid progress: KP Governor

Governor Khyber Pakhtunkhwa Shah Farman says prudent policies of the government have put the country’s economy on the track of rapid progress and development. Talking to a delegation of overseas PTI workers in Peshawar, he said the European countries are commending the efforts of government for promotion of merit, transparency, economic activities and accountability in