The Pakistan Banks Association (PBA) today welcomed the Federal Budget for FY 2026-27 as the first in years to move beyond crisis management and make deliberate choices for growth, without abandoning the discipline that earned Pakistan its recovery. The industry meets this moment from a position of genuine strength, backed by the most favourable macro […]
banking industry
Pakistan’s Islamic banking industry earns Rs 34b in 2018
Profit before tax of Islamic banking industry was recorded at Rs 34 billion by end December, 2018 compared to Rs 23 billion in the same quarter last year, according to Islamic Banking Bulletin (October-December 2018). Profitability ratios like return on assets and return on equity (before tax) were recorded at 1.4 percent and 22.3 percent, […]