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Day: August 25, 2023

BankIslami Becomes Subsidary of JS Bank

JS Bank announced on Friday that it has completed the acquisition of majority voting shares and control of BankIslami Pakistan Limited. (BIPL)In a notice to the Pakistan Stock Exchange

SECP Issues First Certificate of Shariah Compliance

The Securities and Exchange Commission of Pakistan (SECP) has issued the first-ever certificate of Shariah compliance to two Estate Investment Trusts (REITs), namely Signature Residency REIT and Rahat Residency