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HBL Microfinance Bank Ltd (HBL MfB) is a Pakistani microfinance bank headquartered in Islamabad. [2] [3] HBL MfB operates over 200 locations all over Pakistan.It is one of the oldest microfinance bank in the country [4] with its roots in the credit and saving section of the Agha Khan Rural Support Program (AKRSP).
1992 In Nepal, HBL acquired 20% of Himalayan Bank. 1995 HBL established a representative office in Cairo. 1990s, HBL established Habib Finance (Australia) and Habib Finance International Limited, Hong Kong. 2002 The Government of Pakistan granted the Aga Khan Fund for Economic Development majority ownership of HBL. 2017 HBL opened a branch in ...
The national debt of Pakistan (Urdu: قومی قرضہ جاتِ پاکستان), or simply Pakistani debt, is the total public debt, [1] or unpaid borrowed funds carried by the Government of Pakistan, which includes measurement as the face value of the currently outstanding treasury bills (T-bills) that have been issued by the federal government.
Pakistan has secured commitments from China, Saudi Arabia and the United Arab Emirates to roll over debt for a year, a boost for Karachi as it awaits final approval of a new $7 billion loan ...
Negotiations on a new government in Pakistan have allayed immediate fears of instability in the nuclear-armed nation following inconclusive elections last week, but the risk of a full-scale ...
The International Monetary Fund approved a much-awaited $3 billion bailout for Pakistan on Wednesday, the global lender said, a move that's likely to save the nation from defaulting on its debt ...
Bank Al Habib Limited (Urdu: بینک الحبیب) is a Pakistani commercial bank owned by the Dawood Habib Family and is based in Karachi, Pakistan. It is one of the largest banks in Pakistan. [2] It has wholesale branches in Bahrain and Malaysia and offices in UAE, Turkey , China , and Kenya.
The Supreme Court of Pakistan, during the tenure of former President General (retd) Pervez Musharraf, passed the decision of the Federal Shariah Court on 14 November 1991 in which interest was declared un-Islamic. Following this, on 23 December 1999, the Appellate Shariah Bench of the Supreme Court upheld the 1992 order of the Shariah Court and ...