sbp

APPKarachi: State Bank of Pakistan (SBP), Friday injected Rs 10,470.5 billion in the market through reverse repo purchase and Shariah Compliant Mudarabah based Open Market Operation (OMO) cumulatively. According to OMO results…

News DeskIslamabad: The Pakistani Rupee strengthened by 08 paisa against the US dollar in interbank trading, closing at Rs 278.12 compared to the previous day's Rs 278.20 on Friday.As per the Forex Association of Pakistan (FAP), the…

News DeskDera Ismail Khan: The State Bank of Pakistan (SBP) announced that the bank accounts of unemployed women are being opened along with those of men on an equality basis so that they could be provided with interest-free loans up to…

Asem Mustafa AwanAll religious schools of thought in Muslim Ummah have the same stance on interest (riba) that it is un-Islamic and oppressive. Addressing a seminar in Karachi on the topic of usury, leading scholars of all schools of…