BankIslami, the country’s leading Islamic bank, has bagged one of the most prestigious national accolades this year by becoming the Brand of the Year 2019. The bank won in the Islamic Banking category in acknowledgment of its achievements in highlighting brand excellence as well as noteworthy performance across the industry.  The Brand of the Year […]

The new project will be deployed on Oracle Cloud Infrastructure for high-performance computing power to run the bank’s IT workloads while providing real-time elasticity. Amana Bank, a leading Islamic bank in Somalia announced that it has selected iMAL, the AAOIFI-certified core banking platform from Path Solutions to replace its legacy IT system and deploy a single, cloud-based […]

The State Bank of Pakistan (SBP) has opened up its subsidized Temporary Economic Relief Facility (TERF)  for Balancing, Modernization and Replacement (BMR), and expansion of existing projects. This measure has been taken to provide further stimulus to the economy in the context of COVID‐19’s impact on the economy, to support investment in the country for […]

The Board of Directors of Meezan Bank in its meeting held on May 05, 2020, approved the financial statements of the Bank for the quarter ended on March 31, 2020. The meeting was presided by Mr. Riyadh S.A. A. Edrees – Chairman of the Board; Mr. Faisal A. A. A. Al – Nassar – Vice […]

Habib Metropolitan Bank Limited and Jubilee Life Insurance Company Limited have recently entered into a distribution alliance for Jubilee Life’s Window Takaful products to bring ease of access to innovative products as part of delivering an unparalleled level of customer service. Mr. Javed Ahmed, MD & CEO, Jubilee Life Insurance, Mr. Mohsin Ali Nathani, President […]

Changan-Master Motors is proud signs  Memorandum of Understanding (MoU) with Bank Alfalah Pakistan . The memorandum marks the start of a partnership to jointly promote Changan-Master vehicles in Pakistan. Mr. Danial Malik – CEO Master Motors Limited, highlighted the unique features of upcoming vehicles, saying, “Changan customers will experience modern, multi-functional vehicles with an accessible […]