Business

Meezan Bank, Pakistan’s leading Islamic bank and one of the largest banks in the country, has provided Shariah Technical Services and Advisory Support to Stylers International Limited (SIL), a company listed at Pakistan Stock Exchange (PSX), enabling it to obtain Securities and Exchange Commission of Pakistan’s (SECP) Shariah Compliance Certificate under the Shariah Governance Regulations,…

Company appoints Farhan Rafiq as new CEO BF Biosciences Limited today announced a planned leadership transition, following a notice submitted to the Pakistan Stock Exchange (PSX). According to the notice, Mrs. Akhter Khalid Waheed, Founding Chairperson and Chief Executive Officer of BF Biosciences Limited, has decided to step down from her role as Chief Executive…

Broad range of flavours have been shown to increase appeal and attract young consumers; flavour and marketing restrictions could help reduce use among youth in Pakistan As global sales for oral nicotine pouches continue to increase, new research in Pakistan reveals a broad array of chemically-engineered menthol, fruit, and other flavour combinations used to maximize…

Engro has marked a historic milestone in Pakistan’s landscape with the execution of a Rs 133 billion transaction entirely through 100% Islamic financing, to grow its telecom infrastructure vertical. This funding has enabled the addition of Deodar (and its 10,000+ telecom towers) to Engro’s portfolio. This underscores Engro’s commitment to driving digital transformation while supporting…

The public subscription of Pak Qatar Family Takaful Limited’s IPO witnessed strong investor demand, with applications received for 47.84 million shares against an issue size of 12.50 million shares, resulting in an oversubscription of approximately 3.8x. The public offering was held on 17–18 December 2025. A total of 7,942 applications were received, amounting to PKR…

A landmark initiative aimed at supporting the continued development of Islamic banking and finance in Pakistan was marked with the inauguration of the Irfan Siddiqui Center for Advancement of Islamic Finance at the National Institute of Public Administration (NIPA). The Center has been established to commemorate Mr. Irfan Siddiqui, widely recognized as a pioneer and…

The general public will subscribe 12.5 million shares, 25 percent of the total offer size of PQFTL IPO on December 17 and 18th at the strike price of Rs 18.02. The general public can subscribe the IPO on 17th and 18th December from e-IPO, the process continues for 24 hours. Apply online through: ✔ CDC…