Tuesday, November 3, 2026
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Tuesday, November 3, 2026

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PSX sheds 54 points

Zubair Yaqoob Karachi Market traded in the range of -122pts and +345pts, closing the session at -54pts. Cement Sector stocks performed well on the expectation…

Fitch rates Mumtalakat’s $500m Sukuk at ‘BB-’

Manama Fitch Ratings has assigned Bahrain Mumtalakat Holding Company’s (Mumtalakat; BB-/Stable/B) USD500 million senior unsecured sukuk certificates due on 21 January 2027 (ISIN: XS2103157991) a…

DIB completes Noor acquisition

Dubai Dubai Islamic Bank (DIB) has completed the acquisition of Noor Bank through a share awap deal, making for a key moment in the ongoing…

BankIslami partners with IMC to ease vehicle financing for customers

Staff Reporter Karachi BankIslami Pakistan Limited, one of the leading Islamic banks of Pakistan with a network of more than 330 branches in over 114…

Dubai’s largest Islamic bank acquires smaller lender

Dubai Dubai Islamic Bank said on Thursday it has completed the aquisition of Noor Bank to consolidate its position as the top Islamic lender in…

Regulatory shifts to boost Islamic Banking in Philippines

Manila The Philippines Central Bank (BSP) has released a set of guidelines for the country’s Islamic banks and Islamic banking units (IBUs) and approved the…

Islamic Finance to grow at slow rate in 2020: S&P Global

Jeddah The Islamic finance industry is set to grow at a rate of around 5% in 2020, due to weak economic conditions in the industry’s…

Govt to launch campaign on ‘Kashmir issue’: Qureshi

Staff Reporter Islamabad Foreign Minister Shah Mehmood Qureshi said Thursday a new campaign aimed to portray the ground realities in occupied Kashmir would kick off…

Seminar on Stress, Anger Management, Depression held at PMAS-AAUR

Staff Reporter Pir Mehr Ali Shah Arid Agriculture University Rawalpindi (PMAS-AAUR) organized a seminar on “Stress, Anger Management and Depression and other diseases related to…

Qatar, Pakistan to work together against drug traffickers, drug movement

Staff Reporter Minister for Narcotics Control Shehryar Khan Afridi on Thursday called on Ambassador of State of Qatar, Mr Saqar bin Mubarak Al Mansouri, here…

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