HeadlinesGovt to raise Rs90bn through first ever Ijara sukuk auction
One-year auction of Shariah-compliant bonds will be held between December 2023 and February 2024

HeadlinesOne-year auction of Shariah-compliant bonds will be held between December 2023 and February 2024
HeadlinesCurrently, provincial projects claim 33 percent of financial resources in the federal PSDP 2023-24, with an allocation of Rs314 billion
HeadlinesDiverse issues including transactions, updates on agreements with UAE, dollar volatility, imports/exports, will also be addressed in today’s SIFC briefing
HeadlinesThe benchmark index is backed by economic revival initiatives, improved financial indicators, high investor confidence and expected inflows from IMF
HeadlinesAn FBR letter warns that those failing to file returns before December 31 will be subject to penalties
HeadlinesBoard approves conversion of SLL status and initiation of the process to issue 33,333,333 ordinary shares by IPO at any time in the future
HeadlinesIPOs slump to a decade low in Pakistan, as only one digital technology company goes public in 2023 amid macro-economic and political challenges
HeadlinesNew service enables customers and merchants to make and receive digital payments via QR codes, RTP, IBAN, and Merchant Alias
HeadlinesProjects will improve tax collection, rebuild schools damaged by the 2022 floods, and enhance agricultural productivity and food security.
HeadlinesThe benchmark index touches the 64,038.83 level before falling back to 63,917.72 points, an increase of 961.70 points from the previous closing of 62,956.02
EconomyDomestic debt and liabilities grew by 23.44% year-on-year in October 2023, driven by the issuance of bonds and treasury bills, while the unfunded debt and domestic liabilities declined.
Economy