Islamabad: The Securities and Exchange Commission of Pakistan issued Guidelines for Offering Islamic Financial Services, 2023, covering all its regulated sectors. The are framed to facilitate the growth of Shariah-compliant financial products in the financial services market regulated by the Commission. This is a landmark development for the growth of Islamic finance in the non-bank financial sector.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

German Shares Almost Unchanged at Start of Trading

ISLAMABAD, Oct 21 (Xinhua/APP): German stocks were almost unchanged at the start…

Nigerian oil vessel explosion poses threat

It was reported on Friday that a ship with a capacity of…

Federal cabinet ‘approves’ tariff review for eight more IPPs

The federal cabinet, chaired by Prime Minister Shehbaz Sharif, ‘approved’ the tariff…

PKR to become top-performing currency this month: Bloomberg

The Pakistani rupee was on track to become the top performer globally…