KARACHI: The State Bank of Pakistan (SBP) has issued in-principle approval to Samba Bank Limited (PSX: SBL) to initiate Shariah-compliant business and operations, as disclosed in a notice to the Pakistan Stock Exchange today.
This milestone advances Samba Bank’s strategy to transition from a conventional to a fully Islamic bank, first communicated to regulators on March 13, 2025.
The SBP’s approval remains conditional upon meeting specified regulatory requirements and conditions.
The development aligns Samba Bank with other institutions shifting to Islamic banking, supporting Pakistan’s vision for a Shariah-compliant financial ecosystem.
.jpg)
This website has been developed with good faith to create facilities for the people.Your ID Password and access to our website is for a specific period or temporary, it may be suspended at any time without telling any reason.Your ID Password or access does not create any your rights or liability onto owner of the website.
Office # 3-6, Ground Floor Idrees Chamber ,Talpur Road Karachi
info@taxhelplines.com.pk
+ 92 314-4062161
021-32462161
+ 92 305-2561915