Big News SBP mandates 75% profit on PKR savings for Islamic Banking Institutions
SBP mandates 75% profit on PKR savings The State Bank of Pakistan (SBP mandates 75% profit on PKR savings) has introduced new regulations for Islamic Banking Institutions (IBIs) to ensure fair profit distribution. IBIs are now required to pay at least 75% of the weighted average gross yield of all pools on their PKR saving … Read more