Tag: State Bank of Pakistan
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What You Need to Know About Shariah-Compliant Banking in Pakistan
Shariah-compliant financial institutions are also known as Islamic banks or Islamic financial entities. They follow Islamic law, also known as Shariah, in their fiscal policies. The primary principles of Islamic banking are equitable sharing between stakeholders and banning interest payments by lenders and financiers. Islamic financial markets account for 22% of the world stock market’s […]
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Pakistani Startup Safepay Receives Pilot Approval From State Bank of Pakistan
Introduction to SafePay Safepay is a new finance and consultancy application for the business community of Pakistan. It’s a remarkable application that can provide a single payment product that is compatible with local and global payment options. It currently holds a target of serving the Pakistani and nearby economies. This provides the citizens of Pakistan […]