IFC and Bank Alfalah launch Pakistan’s first diversified payment rights issuance

The International Finance Corporation (IFC) and Bank Alfalah Limited have signed a Project Agreement for up to US$100 million in Pakistan’s first Diversified Payment Rights (DPR) note. This initiative aims…

Continue ReadingIFC and Bank Alfalah launch Pakistan’s first diversified payment rights issuance

Financial literacy and retirement planning are essential for a secure future: experts.

The Karachi Editors Club (KEC), in collaboration with DHA Suffa University (DSU), recently organised an awareness session on “Financial Literacy, Voluntary Pension System (VPS) and Retirement Planning” to promote financial…

Continue ReadingFinancial literacy and retirement planning are essential for a secure future: experts.

easypaisa and 5th Pillar Family Takaful launch Shariah-compliant Umrah savings plan

easypaisa, Pakistan's leading digital bank, has partnered with 5th Pillar Family Takaful to launch the 5th Pillar Family Takaful Umrah Savings Plan, a Shariah-compliant savings and protection solution that enables…

Continue Readingeasypaisa and 5th Pillar Family Takaful launch Shariah-compliant Umrah savings plan

BanAlfalah launches digital Islamic consumer finance centre in Naya Nazimabad

Bank Alfalah, one of Pakistan's largest commercial banks, has inaugurated Pakistan's first Digital Islamic Consumer Finance Centre (ICFC) at Naya Nazimabad, Karachi. The inauguration ceremony was attended by the Bank's…

Continue ReadingBanAlfalah launches digital Islamic consumer finance centre in Naya Nazimabad

SuperWize and ABHI Partner to Bring Sovereign AI to Pakistan’s Fintech Sector

SuperWize, Pakistan's sovereign AI company, and ABHI (Private) Limited, the country's leading embedded finance platform, announced a partnership on Thursday, under which ABHI will use SuperWize's sovereign AI models, and…

Continue ReadingSuperWize and ABHI Partner to Bring Sovereign AI to Pakistan’s Fintech Sector

BankIslami hosts FY2027 economic outlook sessions in Karachi and Lahore

BankIslami, a leading Islamic bank in Pakistan, held sessions titled “Pakistan Economic Outlook: FY2027 and Beyond” to discuss the country’s financial landscape with policymakers, economists, and business leaders. Key participants…

Continue ReadingBankIslami hosts FY2027 economic outlook sessions in Karachi and Lahore

Ahya Technologies partners with Bank Alfalah to promote sustainable finance and decarbonize portfolios

Bank Alfalah, a leading bank in Pakistan, has partnered with Ahya Technologies to enhance its green banking and sustainable finance efforts. With Pakistan needing $40 billion to $50 billion annually…

Continue ReadingAhya Technologies partners with Bank Alfalah to promote sustainable finance and decarbonize portfolios