Trending Topics
SBP Cancels License of Al-Rahim Exchange Company Over Severe Violations
The State Bank of Pakistan (SBP) just took strict regulatory action recently. SBP officially cancelled the authorization and license of M/S Al-Rahim Exchange Company (Pvt.)…
Meezan Bank to Launch Two Shariah Compliant Credit Cards in 2027
Meezan Bank Limited is getting ready to launch two new Shariah compliant card products. Recently, during its 2026 analyst briefing, the bank’s management shared exciting…
Roshan Digital Account Inflows Rise 52% to $282 Million in July
Investment inflows through Roshan Digital Accounts (RDAs) increased by 52% year-on-year to $282 million in July 2026, reflecting stronger participation from overseas Pakistanis. According to the latest data…
Muhammad Ali Malik Appointed SBP Deputy Governor for 5 Years
The federal government has appointed Muhammad Ali Malik as Deputy Governor of the State Bank of Pakistan (SBP) for a five-year term with immediate effect. According to…
Allied Bank myABL App Down: Complete Outage Hits Services Across Pakistan
Users all across Pakistan are facing severe financial disruptions, as Allied Bank Limited (ABL) experiences a complete backend infrastructure failure. Consequently, a major data center…
Supreme Court Rejects PoS Agents Complaint Against BISP Over ID Block
The Supreme Court has ruled that a Point-of-Sale (PoS) agent cannot invoke consumer protection law to challenge the blocking of his retailer ID by the…
How Much Tax You Pay On Prize Bond Winnings Revealed
Prize bond winners in Pakistan face a withholding tax deduction of up to 30 percent on their winning amounts, according to government regulations, with the…
LHC Sets Legal Status of Bank Data in Fake SIM Fraud Case
Lahore High Court (LHC) has ruled that confidential bank customer data qualifies as property under the law, while deciding bail petitions of two accused in…
Banks Push Single-Window Fix for PM Housing Scheme in Rawalpindi
Banks have proposed setting up a single-window documentation system at the Rawalpindi Development Authority (RDA) to simplify and speed up processing under the Prime Minister…
SBP Tightens Rules on Premium Prize Bond Settlements
The State Bank of Pakistan (SBP) has directed all commercial banks to settle Premium Prize Bond (PPB) sale transactions on the same day, according to…
Rehmat Ali Hasnie Reappointed NBP CEO Until Successor Is Named
The Government of Pakistan has reappointed Rehmat Ali Hasnie as President and Chief Executive Officer of the National Bank of Pakistan (NBP) for a further…
Govt Introduces Major Change to Hajj 2027 Payment Process
The federal government has decided to introduce a new payment system for Hajj 2027, under which all payments for the government scheme will be collected…
