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.
You May Also Like
UAE suspends passenger flights from different countries
The General Civil Aviation Authority (GCAA) announced that passenger flights of 16…
- Sanniah Hassan
- July 19, 2021
Ukraine resumes electricity exports
It emerged that Ukraine would resume exporting electricity after a six-month gap…
- Alina Hashmi
- April 9, 2023
Pakistan to pursue trade with Gulf states
Talking to Gulf Cooperation Council (GCC), Abdul Razak Dawood, Adviser to the…
- Alina Hashmi
- September 26, 2021
Pakistan expects multi-billion dollar support from KSA: Sources
Islamabad: Sources revealed that Pakistan would likely secure a multi-billion dollar financial…
- Alina Hashmi
- December 12, 2022