Pakistan announces bank holiday on March 3
Closure applies to all commercial banks, development finance institutions, microfinance banks
Islamic Banking
Banks in Pakistan to remain closed on this date
Holy month of Ramadan is likely to commence in Pakistan on March 2, 2025
SBP updates minimum profit rate guidelines, revises Islamic banking framework
Pakistan's central bank also introduces revisions to profit distribution framework for IBIs
Islamic banks in Pakistan charge 25-30% interest rate: Mandviwala
Committee chairman action from State Bank of Pakistan
PU VP Khalid Mehmood calls for expanding Islamic banking in Pakistan
Dr Khalid Mahmood underscores importance of nurturing Islamic banking in country
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