Monday, May 26, 2025
No Result
View All Result
The AZB More Than Just News
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION
No Result
View All Result
Daily The Azb
No Result
View All Result
Home BANKING

Faysal Bank Appreciates Government’s Intent to make Pakistan Interest-Free.?

News Desk
November 14, 2022
Faysal Bank Appreciates Government’s Intent to make Pakistan Interest-Free.?
Share on FacebookShare on Twitter

The announcement from the Ministry of Finance last week that it will advise the State Bank of Pakistan and National Bank to withdraw their appeal against the Federal Shariat Court’s decree to convert to an Islamic financial system comes as a welcome step. Senator Mohammad Ishaq Dar, Federal Minister for Finance and Revenue, announced that the government will be moving ahead to ensure the conversion to Islamic instruments by 2027 and has already initiated the process.

 While appreciating the decision by the Federal Minister for Finance and Revenue, Senator Mohammad Ishaq Dar, as potentially conducive to a better and stronger economy and Pakistan’s financial future, Yousaf Hussain, President & CEO, Faysal Bank Limited, stated, “Faysal Bank, having embarked on and now being on the verge conversion from a conventional to an Islamic Bank, is poised to assume the lead role within Pakistan’s banking and financial sector to facilitate the complete conversion from interest-based banking to a Shariah-compliant banking system.

News Desk

News Desk

Welcome to our web desk! We're a dedicated team of digital enthusiasts passionate about delivering timely and engaging content to our online audience.

Related Posts

The second day of the Arts Council’s Arts Alumni  Festival was dedicated to the martyrs with national enthusiasm
Headline

The second day of the Arts Council’s Arts Alumni Festival was dedicated to the martyrs with national enthusiasm

May 24, 2025
FBR Modernizing Tax System with Automation, Says Chief Commissioner Aftab Imam at Awareness Session in KATI
Headline

FBR Modernizing Tax System with Automation, Says Chief Commissioner Aftab Imam at Awareness Session in KATI

May 24, 2025
North American Investors and Leading Conglomerates Attend High-Level PIA Privatization Presentation
Headline

North American Investors and Leading Conglomerates Attend High-Level PIA Privatization Presentation

May 24, 2025
Orange Tree Foundation Hosts “OTF Changemakers Gathering” to Empower High Merit, Financially Challenged Youth Toward Financial Independence
Headline

Orange Tree Foundation Hosts “OTF Changemakers Gathering” to Empower High Merit, Financially Challenged Youth Toward Financial Independence

May 24, 2025
K-Electric Continues Crackdown Against Power Theft in Manghopir Marble Industrial Area
Headline

NEPRA Approves 7-Year Tariff Plan for K-Electric Amid Consumer Concerns

May 24, 2025
Kuwait Resumes Issuance of Work and Other Visas for Pakistani Citizens
Headline

Kuwait Resumes Issuance of Work and Other Visas for Pakistani Citizens

May 24, 2025
UAE Dirham Holds Steady at PKR 76.44 – Exchange Rate Update for May 23, 2025
Headline

UAE Dirham Steady at 76.44 PKR – Exchange Rate Update for May 24, 2025

May 24, 2025
Australian Dollar Holds Steady at 180.17 PKR – May 24, 2025
Headline

Australian Dollar Holds Steady at 180.17 PKR – May 24, 2025

May 24, 2025
Hafiz Naeem-ur-Rehman announce march for the rights of Karachi
Headline

Hafiz Naeem Urges Tax Exemption for Salaries Up to Rs1.44 Million in FY26 Budget

May 24, 2025
Canadian Dollar Holds Steady at 201.55 PKR – Relief Amid Global Uncertainty
Business

Canadian Dollar Holds Steady at 201.55 PKR – Relief Amid Global Uncertainty

May 24, 2025
Next Post
KATI felicitated the appointment of Zubair Motiwala as CEO of TDAP.

KATI felicitated the appointment of Zubair Motiwala as CEO of TDAP.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *


Most Popular

Another leak: TikToker Somal Mohsin’s private videos go viral

Aga Khan University Celebrates Student Innovation at Concluding Ceremony of President’s Challenge for Climate Solutions

Torino Comics Honors Akira Toriyama, Creator of Dragon Ball and Dr. Slump

Karachi Leadership Visits Dubai for Final Launch Preparations, Hanif Gohar

Sajal Malik Video Leak Sparks Controversy as Fans and Critics Debate

Must Read

Peshawar suicide blast is a cowardly act of anti-national elements, Hanif Gohar.
Headline

UBG not to leave the mandate stealers in the upcoming FPCCI election, Hanif Gohar.

March 2, 2023
Microsoft Organized “Microsoft EDU Day 2022”with Top Education institutions of Pakistan
SCI-TECH

Microsoft Organized “Microsoft EDU Day 2022”with Top Education institutions of Pakistan

March 11, 2022
The Azb is a 24/7 online news platform that covers a wide range of topics including business, economics, technology, finance, travel, fashion, and lifestyle.

Quick Links

  • Home
  • About us
  • SCI-TECH
  • Live TV
  • Banking

Useful Links

  • Videos
  • Reviews
  • Advertorial
  • Photos
  • About us
  • Author
  • Home
  • Latest News
  • Partner
  • Privacy Policy
  • Russian Theatre Group Celebrates Fifth Anniversary in Pakistan.
  • Terms and Conditions
  • The Azb – More Than Just News
  • Contact

© Copyright 2024 theazb. All Rights Reserved.

No Result
View All Result
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION

© Copyright 2024 theazb. All Rights Reserved.