Daily Archives: April 12, 2017

SBP directs banks to encash claims of Qarz-e-Hasna

KARACHI: State Bank of Pakistan (SBP) has directed the banks to facilitate claimants and encash deposits under Qarz-e-Hasna after due verification.

SECP issues draft amendments to Sukuk regulations for development of Islamic capital market

ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) has issued draft amendments to Sukuk regulations in order to develop the Islamic capital market and reducing cost of issue and easing regulatory burden.