Regulatory Alerts2026-03-18 | IFPD Circular Letter No. 01Assuming Charge as Executive Director, Islamic Finance Group
The State Bank of Pakistan’s Islamic Finance Policy Department confirms that Mr. Ghulam Muhammad has assumed charge as Executive Director, Islamic Finance Group, effective March 18, 2026. The circular distributes his official specimen signature and contact details to all banks, development finance institutions, and microfinance banks. Financial entities must update their records and direct future correspondence to the newly appointed executive accordingly.
Circulars/Notifications - Islamic Finance Policy Department
IFPD Circular Letter No. 01 of 2026
March 18, 2026
The Presidents / Chief Executives All Banks / DFIs / MFBs
Dear Sir/Madam,
Assuming Charge as Executive Director, Islamic Finance Group
It is advised that Mr. Ghulam Muhammad has assumed the charge of Executive Director, Islamic Finance Group (IFG), State Bank of Pakistan, Karachi, with effect from March 18, 2026. His specimen signature and contact details are as under: SPECIMEN SIGNATURE:
Sd/- __________________
Ghulam Muhammad
Executive Director
Islamic Finance Group 7th Floor, State Bank of Pakistan Karachi Phone: 021- 99221606 Fax: 021-99221789 Email: ghulam.muhammad@sbp.org.pk
Yours truly,
Sd/-
(Muhammad Mujahid) Joint Director