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 senior management, along with Saleem Ullah, Deputy Governor of State Bank and Arif Habib, Founder Arif Habib Group marking a significant milestone in expanding access…
Zong, Pakistan’s leading technology services enterprise, has partnered with Zindigi, powered by JS Bank, to launch Z-Wallet, bringing regulated digital financial services directly into the My Zong App (MZA) through an embedded-finance model powered by Zindigi’s Banking-as-a-Service (BaaS) infrastructure. The launch event, attended by Federal Minister for Information and Broadcasting Attaullah Tarar among other dignitaries…
To commemorate Pakistan’s Independence Day, Bank Alfalah, one of Pakistan’s leading commercial banks, partnered with WWF-Pakistan to carry out a mangrove plantation drive under its Alfa Forest initiative. The activity reinforces the Bank’s commitment to environmental sustainability while supporting Pakistan’s efforts to restore and protect its coastal ecosystems. Held at the WWF-Pakistan Wetland Centre in…
A new Standard Chartered report highlights significant opportunities to strengthen Islamic finance connectivity across South Asia by better linking liquidity-rich markets with economies seeking long-term investment, reinforcing the growing role of cross-border Islamic finance in supporting regional trade, infrastructure and economic development. According to Islamic Banking for Financial Institutions: The Islamic Finance Connector Era, Islamic…
HugoBank, one of Pakistan’s premier upcoming digital banks, today announced that it has received approval from the State Bank of Pakistan (SBP) to initiate pilot operations. This is a significant milestone in HugoBank’s journey to deliver a secure, intuitive, and inclusive digital banking experience. The pilot approval allows HugoBank to test its products, systems, and…
Bank Alfalah, one of Pakistan’s leading commercial banks, has partnered with Alfalah Insurance to introduce Accidental Death and Permanent Total Disability Insurance Coverage of up to PKR 3 million, available at no additional cost for PKR Current Plus Accountholders. The initiative strengthens the Bank’s commitment to enhancing everyday banking with solutions that offer greater financial…
BankIslami, one of Pakistan’s fastest-growing Islamic banks, celebrated performance excellence across its nationwide network. The Bank rewarded its top performers with cars and other incentives, recognizing their role in advancing Riba-free banking across the country. Titled Maidan-e-Fateh, the event in Lahore drew on the Bank’s symbolic battle against Riba. Teams from across the country came…
The Board of Directors of Bank Alfalah Limited (BAFL), in its meeting held on July 30, 2026, approved the Bank’s financial results for the half-year ended June 30, 2026. The Board of the Bank also declared a second interim cash dividend of PKR 1.5 per share (30%) cumulatively bringing the cash dividend payout for the…
Zindigi, powered by JS Bank, has been recognized with the “Public- Private Collaboration of the Year Award”by the Tech Advisory Forum (TAF) Pakistan, reaffirming its position as a frontrunner in advancing Pakistan’s digital ecosystem. The Tech Advisory Forum (TAF) Pakistan recognizes organizations that demonstrate excellence in leveraging technology to modernize public services, foster innovation, and…
Standard Chartered Pakistan participated in EMAAR Pakistan’s Broker Night, engaging with leading real estate brokers to showcase the Bank’s home financing solutions and highlight how financing can help clients make faster, more informed property decisions. The engagement builds on Standard Chartered’s relationship with EMAAR and a shared commitment to expanding access to premium real estate…