Samba Bank Gets SBP’s Green Light to Become a Full Islamic Bank

By Muhammad Haaris ⏐ 2 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Samba Bank Limited has received in-principle approval from the State Bank of Pakistan (SBP) to convert into a full Islamic bank. This marks a major…

Daira Marks One Year of Empowering Pakistan’s Unbanked Population

By Sabica Tahira ⏐ 2 months ago ⏐ Newspaper Icon Newspaper Icon 3 min read

Mobile-first digital nano-lending platform, Daira marked its first anniversary of operations in Pakistan with a renewed commitment to advancing financial inclusion and access to finance…

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SECP Flags Legal Breaches in PRCL CEO Appointment and Pay Raise

By Manik Aftab ⏐ 2 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Securities and Exchange Commission of Pakistan (SECP) has uncovered multiple violations of corporate and public-sector laws in the appointment and salary increase of the…

SECP Partners with National Telecommunication Corporation to Enhance Cybersecurity

By Zohaib Shah ⏐ 2 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Securities and Exchange Commission of Pakistan (SECP) and the National Telecommunication Corporation (NTC) have signed a Memorandum of Understanding (MoU) to strengthen information sharing…

Pakistan’s SLG-Trax in Talks to Acquire Singapore’s Finova

By Zohaib Shah ⏐ 2 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Secure Logistics Group Limited (SLG-Trax), a top logistics and e-commerce provider in Pakistan, plans to acquire Singapore’s Finova Technologies. The company disclosed the decision in…

State-Owned Strategic Digital Wallet Company Set Up in Pakistan

By Muhammad Haaris ⏐ 2 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Pakistan has formally established the Strategic Digital Wallet Company (SDWC). A government-owned, non-profit entity that will oversee and secure state-owned virtual assets. The move comes…

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SECP Proposes Legal Framework for Waqf Companies

By Sabica Tahira ⏐ 2 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Securities and Exchange Commission of Pakistan (SECP) has proposed a landmark amendment to the Companies Act, 2017 by introducing Section 42A, which would establish…

SECP Proposes Major Changes to Company Share Regulations

By Sabica Tahira ⏐ 2 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Securities and Exchange Commission of Pakistan (SECP) has issued draft amendments to the Companies (Further Issue of Shares) Regulations, 2020, in a bid to…

SECP Draft Actuarial Valuation Rules 2025 Released

By Sabica Tahira ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Securities and Exchange Commission of Pakistan (SECP) has released the draft Actuarial Valuation Rules, 2025 for public feedback, marking a key step to strengthen…

Senators Flag SBP Clause Allowing Officials to Set Own Salaries

By Manik Aftab ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Senators have raised concerns over a State Bank of Pakistan (SBP) clause that enables its top officials to set their own salaries and benefits without…

IT Sector Leads as SECP Registers Over 3,200 New Companies in August 2025

By Manik Aftab ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Securities and Exchange Commission of Pakistan (SECP) registered 3,278 new companies in August 2025, reflecting growing confidence in the country’s corporate sector. Around 99.9%…

SECP Warns Public Over Illegal 4D Group Investment Scheme

By Salman Akhtar ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Securities and Exchange Commission of Pakistan (SECP) has issued a public warning about an illegal investment and deposit taking scheme promoted by the 4D…

SECP Issues New Rules for Digital Asset Management Services

By Sabica Tahira ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Securities and Exchange Commission of Pakistan (SECP) has introduced new rules for Digital Asset Management Services (DAMS) to regulate Digital Asset Management Companies (Digital…

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