Pak-Qatar Takaful Group Posts Net Profit of Rs. 133 million

Karachi, April 23: Pak-Qatar Takaful Group has registered an immense growth during the preceding year with an aggregate turnover of around Rs. 9.0 billion. The Group posted a net profit after tax of Pak-Rs. 133 million during the year ended 31-December-2017, while its participant Takaful Fund generated the net consolidated surplus of Pak-Rs. 116 million.

CDC begins sending Dividend details through email!

Karachi, April 25, 2018: In order to further facilitate investors, CDC has started sending Dividend report (dividend counterfoil) to shareholders through email. The shareholders are going to receive their Dividend / Zakat & Tax Deduction Report via email once data pertaining to dividend disbursement by listed companies has been uploaded by respective Share Registrar on

MCB Bank announces financial results for the first quarter ended March 31, 2018

The Board of Directors of MCB Bank Limited met under the Chairmanship of Mian Mohammad Mansha, on April 25, 2018 to review the performance of the Bank and approve the financial statements for the three months period ended March 31, 2018. During the three months period, MCB Bank Limited reported Profit Before Tax (PBT) of

Meezan Bank signs Agreement with FetchSky to integrate Peekaboo Connect

Karachi, 18th April, 2018: Meezan Bank, Pakistan’s first and largest Islamic bank & FetchSky, a Pakistan based information technology services provider, recently signed an agreement to integrate FetchSky’s Peekaboo Connect platform to transform the way Bank’s discounts and promotions are presented to customers.   Through this facility, which will be integrated on the Bank’s website,

MCB Bank Ltd and TCS Pvt. Ltd. enter into alliance for mutually beneficial services

[Karachi: 21st April 2018] MCB Bank Ltd, one of Pakistan’s largest private sector banks, has entered into an agreement with one of the country’s largest logistics services providers TCS Pvt. Ltd. for mutually beneficial services. With the collaboration, MCB customers will gain access to affordable holiday packages to premium destinations worldwide through TCS Intiana Travel

Pak-Qatar Family Takaful & DIB Achieve Rs. 3 billion Mark in BancaTakaful business!

Karachi, April 11: Pak-Qatar Family Takaful has achieved yet another milestone by generating over Rs. 3 billion BancaTakaful business with its first partner Dubai Islamic Bank. The 9 year old business portfolio that commenced in October 2009 has now crossed PKR 3.05 Billion with 9,000 customers across Pakistan availing various BancaTakaful products via Dubai Islamic Bank.   Pak-Qatar Family Takaful, Dubai Islamic

Meezan Bank joins hands with Pirani Group of Companies for Financing Power & Super Power Bikes

Karachi, 9th April, 2018: Meezan Bank, Pakistan’s first and largest Islamic bank, has recently signed an agreement with Pirani Group of Companies, a trusted name in the manufacturing of two-wheeler and three-wheeler vehicles, auto parts, vans, minivans, trucks and tractors, to offer all variants of Power and Super Power bikes through Meezan Bike Ijarah, which

World Islamic Finance Forum (WIFF) 2018 to kick off on 19th March, 2018!

H.E Shaikh Ebrahim Bin Khalifa Al Khalifa, Chairman – AAOIFI Board of Trustees, would be the Chief Guest   Karachi, March 10: H.E Shaikh Ebrahim Bin Khalifa Al Khalifa, Chairman – AAOIFI Board of Trustees, would be the Chief Guest at World Islamic Finance Forum (WIFF) 2018, a unique conference being organized by CEIF-IBA in collaboration

Following Companies Act 2017 – CDC launches eDividend Repository

Karachi, March 06: Central Depository Company of Pakistan (CDC) has launched an eDividend Repository services to facilitate the process of eDividend. After the promulgation of the Companies Act 2017, it has become mandatory for all listed companies to process their dividends electronically. SECP recently introduced “The Companies (Distribution of Dividends) Regulations 2017” which spell out

Meezan Bank & IBA sign agreement for Fee Collection

Karachi, February 28, 2018:Meezan Bank, Pakistan’s first and largest Islamic bank recently signed a fee collection agreement with the Institute of Business Administration, Karachi (IBA). Under this agreement, the Bank will provide Payments & Cash Management servicesto IBAthrough the Bank’sstate-of-the-art web based electronic solution ‘eBiz+’. The agreement was signed by Mr. Ijaz Farooq, Group Head