Samba Bank, Limited, took a step towards a transition to a complete Islamic bank, as it granted the Board of Directors approval to transfer from traditional banking services. The bank said in an organizational file to the Pakistani Stock Exchange (PSX) on Thursday: “The Board of Directors of Samba Bank, Ltd., in principle, agreed to … Read more
BOK Bank has started the transfer process from a traditional bank to a fully Islamic financial institution, according to an official notice sent to the Pakistani Stock Exchange (PSX) on Thursday. In a letter to PSX, BOK officially announced the transition according to Article 96 of the Securities Law, 2015, and paragraph 5.6.1 (A) from … Read more
The government is preparing to take an important step towards liberalizing the wheat market, in line with the structural reforms approved by the International Monetary Fund. To formulate a comprehensive strategy, the Ministry of National Food Security and Research (MNFS&R) will host a national workshop on liberalization of the wheat sector on Friday, January 24, … Read more